Case 10-17 (Algo) Working Backwards from Variance Data [LO10-1, LO10-2, LO10-3] Vitex, Incorporated manufactures a popular consumer product and it has provided the following data excerpts from its standard cost system: *Applied to Work in Process during the period. The company's manufacturing overhead cost is applied to production on the basis of direct labor-hours. All of the materials purchased during the period were used in production. Work in process inventories are insignificant and can be ignored. Required: 1. How many units were produced last period? 2. How many pounds of direct material were purchased and used in production? 3. What was the actual cost per pound of material? (Round your answer to 2 decimal places.) 4. How many actual direct labor-hours were worked during the period? 5. What was the actual rate paid per direct labor-hour? (Round your answer to 2 decimal places.) 6. How much actual variable manufacturing overhead cost was incurred during the period?
Answers
To determine the number of units produced last period, we can use the variance data provided. The standard cost per unit is $35 and the actual cost per unit is $34. The total unfavorable variance for the period is $20,000. The actual variable manufacturing overhead cost incurred during the period was $4,000.
Therefore, the number of units produced can be calculated as follows: ($20,000 unfavorable variance) / ($35 standard cost per unit - $34 actual cost per unit) = 20,000 units Therefore, 20,000 units were produced last period. 2. Since all of the materials purchased during the period were used in production, we can simply look at the actual pounds of material purchased to determine the amount used in production. The actual pounds of material purchased were 60,000. 3. To determine the actual cost per pound of material, we can use the variance data provided. The standard cost per pound of material is $2.50 and the actual cost per pound of material is $2.70. The total unfavorable variance for the period is $6,000. Therefore, the actual cost per pound of material can be calculated as follows: ($6,000 unfavorable variance) / (60,000 pounds of material purchased) = $0.10 Therefore, the actual cost per pound of material was $2.70 + $0.10 = $2.80. 4. The total amount of manufacturing overhead cost applied to Work in Process during the period was $280,000. We know that this cost was applied based on direct labor-hours. To determine the number of actual direct labor-hours worked during the period, we can use the standard labor-hours per unit and the number of units produced. The standard labor-hours per unit is 2 hours. Therefore, the number of actual direct labor-hours worked during the period can be calculated as follows: 20,000 units x 2 hours per unit = 40,000 direct labor-hours Therefore, 40,000 actual direct labor-hours were worked during the period. 5. The actual rate paid per direct labor-hour is not given in the data provided. 6. To determine the actual variable manufacturing overhead cost incurred during the period, we can use the variance data provided. The total variable manufacturing overhead cost applied to Work in Process during the period was $280,000. The total actual variable manufacturing overhead cost incurred during the period was $284,000. Therefore, the actual variable manufacturing overhead cost incurred during the period can be calculated as follows: $284,000 actual variable manufacturing overhead cost incurred - $280,000 variable manufacturing overhead cost applied = $4,000
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Related Questions
The materials price variance is generally calculated at the time materials are purchased because ______. Multiple select question. management can generate more timely variance reports GAAP requires variances to be recognized when they are incurred it allows materials to be carried in the inventory accounts at standard cost it simplifies bookkeeping
Answers
The calculation on materials price variance is been done at time that a purchase is made so that;
it simplifies bookkeeping.
it allows materials to be carried in the inventory accounts at standard cost.
management can generate more timely variance reports.
Materials price variance can be regarded as difference that exit between the actual as well as budgeted cost that is needed to acquire materials.This is then multiplied by the total number of units that is been purchased.Therefore, materials price variance helps in simplification of bookkeeping.
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The impetus that pushes consumers to satisfy their unmet needs, such as having no laundry detergent to do the wash, is a(n) Blank______.
Answers
The impetus that pushes consumers to satisfy their unmet needs, such as having no laundry detergent to do the wash, is a motive.
What is a Motivation?This refers to the internal or external drive that makes a person to do something, in hopes of a reward or to escape punishment.
Hence, we can see that based on the drive that is inherent in humans to accomplish a task, this leads them to satisfy their unmet needs and this is known as a motive.
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Identity theft and financial fraud
have declined in recent years.
TRUE,
FALSE
Answers
Answer:
false
Explanation:
I hate the us school system and how the pull out bs subjective questions like this, what year is it, what country, time period, stuff like that helps and big schools dont give us it
Answer:
false
Explanation:
hope it helps thank you
Assume that you and your best friend each have $1000 to invest. You invest your money in a fund that pays 10% per year compound interest. Your friend invests her money at a bank that pays 10% per year simple interest. At the end of 1 year, the difference in the total amount for each of you is:.
Answers
You invest $1000 in a fund that pays 10% per year compound interest. At the end of the first year the difference in total amount of your money and her money is zero. However, after 1 year you will have more money than her.
The formula for the future value of simple interest is:
FV = PV (1 + r . n)
While the formula for the future value of compound interest is:
FV = PV (1 + r)ⁿ
Where:
PV = present value = $1000
r = interest rate per period
n = number of periods
Because it is not mentioned, let's assume that it is compounded annually.
Hence, the interest per period is the same for both simple and compound interest:
r = 10% = 0.1
n = 1
Therefore,
FV (simple interest) = 1000 (1 + 0.1 x 1) = 1000 x 1.1 = 1,100
FV (compound interest) = 1000 (1 + 0.1)¹ = 1000 x 1.1 = 1,100
Hence, at the end of the first year the future value for both accounts are the same and the difference is zero. However, after the first year, the account with compounded interest has greater amount.
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(03.02 LC)
Which of these might decrease the length of a mortgage loan?
Property taxes
O Insurance
O Amount owed
Collateral
Answers
Answer:
D.) Collateral
Explanation:
Tbh I'm not confident on this choice, but real estate basically is just a fancy term for property, for those who don't know. A collateral is a piece of property that can be sold by the lender to recover all or part of a loan if the borrower fails to repay. So with that being said, the only logical choice in my opinion would be D, or Collateral.
Collateral might decrease the length of a mortgage loan. As it minimises the risk for the mortgage loan.
What is mortgage loan?Mortgage loan is the fund that is provided to the lender against the immovable assets or property, or collateral to the Borrower. The lender used to keep the assets until their loan is repaid by the person.
Thus, option C is correct.
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Define buisness collaboration. What are the things to be considered in buisness collaboration?
Answers
Answer:
Is a working practice where people work together for a commonpurpose to a achieve a bussiness benefit. Type of collbration is network, coalitions and movement and public private partnership and collective impact initiatives
Explanation:
This is the best way I can explain it hope this helps u
The directions for the case studies are as follows: For all scenarios, assume you are employed by Best Computer Systems, a large computer manufacturing company with approximately 1,000 employees. The company is located in a large metropolitan area. Use the five (5) steps in ethical decision-making (shown below) to solve the following ethical cases. Be specific in your answers for each step.
Ethical Decision-Making
● Identify the ethical issue or problem.
● Identify anyone who might be affected by your decision and how.
● List five possible solutions.
● Describe the pros and cons of each possible solution.
● Determine your solution.
CASES
• CASE 1: Lorna is an administrative assistant in the Human Resources Department. Her good friend, Bill, is applying for a job with the company and she has agreed to serve as a reference for him. Bill approaches her for advice on preparing for the interview. Lorna has the interview questions asked of all applicants and considers making him a copy of the list so he can adequately prepare.
• CASE 2: Emily works in Quality Control. Once a year, her supervisor gives away refurbished computers to the local elementary school. No specific records are kept of this type, and Emily needs a computer for her son, who is in college. Her supervisor asks her to deliver 12 computer systems to the school.
• CASE 3: Marvin is the secretary in the Facilities Management Department. He has just received a new computer and wants to try it out. Though his supervisor has a strict policy about computer use for business purposes only, he wants to learn the e-mail software more thoroughly than his training can provide. He figures that one good way to do this is to write e-mail messages to his friends and relatives until he gets the knack for it. He is caught up on all his work and only has 30 minutes left to work today. His supervisor left early.
• CASE 4: Richard and Conway discuss the employee benefits program in the hallway. Conway, who has had some recent financial trouble, explains to Richard how the benefits program has a loophole allowing him to receive financial assistance to help pay his mother's healthcare costs. Cathy, a fellow worker, overhears the conversation. Later, Cathy is approached by her supervisor, who says he heard a rumor that some people were taking advantage of the company benefits program.
• CASE 5: Jennie was recently hired to work as a receptionist for the front lobby. As the receptionist, she is responsible for making copies for the associates. Her son, Bruce, needs copies for a school project. He brought his paper and
needs 300 copies for his class. He will fail the project if he doesn’t bring the copies with him. The company copier does not require a security key, nor do they keep track of copies made by departments.
Answers
Case 1: L's decision to give B the actual interview questions raises an ethical question because it goes against the moral principle that hiring and firing employees should be fair.
L's choice to give the inquiries to B is on the grounds that B is an old buddy and L maintains that B should excel at the meeting and land the position.
The alternatives may include:
B gets an idea of the kinds of questions that will be asked by L. The worst-case scenario would be for B to fail the interview, while the best-case scenario would be for B to prepare thoroughly and succeed. It is possible to choose this method.
2. L might inform B that no one is aware of the interview questions because they were chosen at random. Then, B would be well-prepared for the interview. However, B might be offended by the fact that L is of no assistance at all. Because it is ethical, this method might be chosen.
Case 2- The moral issue is that Oj would be captivated to take one of the frameworks without illuminating the manager. It would be unethical to do this.
Because the son urgently needs a computer, Oj would be forced to make the decision, which would also help Oj save a lot of money that would have been spent on a new computer.
The decision would have an impact on Oj. This is because if Ok's supervisor learns that he took a computer without his permission, he could lose his job.
Alternative programs:Oj can ask the manager if the son can use one of the computers. The worst-case scenario would be for the supervisor to decline. The ideal scenario would be for the supervisor to allow the same. Because it is morally and ethically acceptable, this is the course that can be chosen.
2. Oj can take one PC and afterward illuminate the boss later. The best scenario would be for the act not to offend the supervisor. The worst-case scenario would be for the supervisor to resent this behavior and fire Oj on the grounds of theft. This approach ought not be picked as it might lawfully place Oj in a tough situation.
Case 3- The moral issue would be that R can't choose whether to complete the work shortly or be enticed to involve the PC for individual use since the manager has left early. Assuming R chooses to type messages, the work wouldn't be done.
R's need and desire to learn how to send emails to friends will determine whether or not the computer will be used for personal use.
The choice would most likely have an effect on R. This is since, in such a case that R utilized 30 minutes to type messages, the work wouldn't be finished and R,a manager might punish R since involving PCs for individual use is against the strategy. This could be done by working more hours or working overtime.
Other options include: R finishes the work and then sends emails from the computer. In the ideal scenario, hensuperviro would not be aware that R uses the computer for private email. The worst thing that could happen is for R, a supervisor, to learn that the computer was used for personal reasons. Because of its significant impact on the policies and tiles of the workplace, this option should not be chosen.
2. R finishes the work and does not type emails on the computer. However, R does attempt to send business emails using the computer. The best output tear is that R isn't disrupting any norms. This choice is right in terms of ethics and morality.
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The typical person has the time and financial resources for how many children?
3–4
0–1
1–2
Answers
Answer:
1 to 2
Explanation: children are EXPENSIVE and it depends on what you think is the right time/money so it could be wrong
Fixed costs are ignored in allocating scarce resources becauseA. they are sunk.B. they are unaffected by the allocation of scarce resources.C. there are no fixed costs associated with scarce resources.D. fixed costs only apply to long-run decisions.
Answers
Due to the fact that fixed costs are unaffected by the allocation of scarce resources, they are not taken into account. Option B is Correct.
When fixed expenses are ignored because they are irrelevant to a company's production decision, they are referred to as "sunk costs." Costs that have already been sunk or committed are irrelevant. Sunk costs, also known as past expenses, refer to money that has already been spent or that has been agreed to be paid.
Sunk expenses cannot be important since whether or not a new endeavour is begun will not have any impact on this cash flow. Fixed cost allocation offers investors a clearer insight of a company's actual financial outcomes and enables management to make well-informed business decisions. Fixed cost allocation is a tool that management may use to incentivize employees and justify spending. Option B is Correct.
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.What happens to equilibrium price and quantity in the market for guitar strings when there is a simultaneous increase in the price of guitars and an increase in technology which lowers the cost of producing guitar strings?
A) We expect equilibrium quantity to increase, but equilibrium price is indeterminate.
B) We expect equilibrium price to increase, but equilibrium quantity is indeterminate.
C) We expect equilibrium price to decrease, but equilibrium quantity is indeterminate.
D) We expect equilibrium quantity to decrease, but equilibrium price is indeterminate.
Answers
When there is a simultaneous increase in the price of guitars and an increase in technology that lowers the cost of producing guitar strings, we expect equilibrium quantity to increase, but equilibrium price is indeterminate :The correct option is A).
When there is a simultaneous increase in the price of guitars and an increase in technology which lowers the cost of producing guitar strings, two effects happen in the market for guitar strings.
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an increase in the velocity of money will lead to
Answers
Answer: an increase in money supply increases aggregate demand, which increases prices
Explanation: Hence, a very high inflation rate will also maximize the velocity of money, which will increase the inflation rate even further.
Money circulates more quickly when velocity of money increases , which indicates that there are more transactions between people. The degree of inflation is high when the velocity is high.
What is inflation?The rate at which prices increase over a specific time period is known as inflation. Inflation is often measured in broad terms, the general rise in prices or the rise in a nation's cost of living.
Demand-pull inflation, cost-push inflation, and built-in inflation are the three basic sources of inflation.
Demand-pull inflation describes circumstances in which there is not enough production of goods or services to meet demand, leading to an increase in their prices.
On the other side, cost-push inflation happens when firms are compelled to raise prices as a result of rising costs associated with producing goods and services.
When workers seek greater pay to keep up with rising living costs, built-in inflation—also known as a wage-price spiral—occurs. A self-reinforcing cycle of salary and price rises results from businesses increasing their pricing to cover their rising wage costs.
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Write short notes on-:
a)Micro enterprises
b)cottage industry
Answers
Answer:
cottage industry is a small-scale, decentralized manufacturing business often operated out of a home rather than a purpose-built facility
Explanation:
Alison is the chair of a business department that consists of nine full-time faculty. She needs to schedule a meeting with each faculty to review their performance over the past year. The number of different ways these nine faculty can be scheduled is
Answers
The number of different ways these nine faculty can be scheduled is 362,880.
Description of permutationPermutation is used to determine the number of arraignments that are possible in a set in a particular sequence. This question is an example of permutation without repetition. There is no repetition in the arraignment of numbers.
P = n!
Where: n = number of objects in the observations
P = 9!
P = 9 x 8 x 7 x 6 x 5 x 4 x 3 x 2 x 1 = 362,880
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Profit is _____.
the difference between business income and business expenses
a main motive for entrepreneurs starting new businesses
often calculated using a pie graph
all of the above
Answers
Answer:
ALL OF THE ABOVE
Explanation:
EDGE 2021 :D
Which term is primarily concerned with shareholder well-being rather than employee well-being? A) Benchmarking
B) Reengineering
C) Product redesign
D) Process management
E) Restructuring
Answers
The term primarily concerned with shareholder well-being rather than employee well-being is E) Restructuring.
Restructuring refers to the process of making significant changes to a company's organizational structure, operations, or financial aspects with the aim of improving its financial performance and maximizing shareholder value. This often involves measures such as downsizing, layoffs, or changes in business strategies that can impact employees' well-being. The primary focus of restructuring is typically on improving financial outcomes and satisfying the interests of shareholders.
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Please help me where can I find an app that helps me more about Business and becoming a business man please help thank you have a great rest of your day:)
Answers
1.] Gusto "Small business owners with a team to run may find Gusto a lifesaver."
2.] Scanner App. "This free app for small business lets you send documents and forms on the go."
3.] Square. "Square is the payment app for small business right now."
4.] Wunderlist. ...
5.]LinkedIn. ...
6.]PicMonkey. ...
7.] Shopventory. ...
8.] TripIt.
these are all ranked gusto being the best and 8 being good but not as good as the top 3
The recurring steps performed each accounting period, starting with analyzing and recording transactions in the journal and continuing through the post-closing trial balance, are referred to as the:
Answers
The recurring steps performed each accounting period, starting with analyzing and recording transactions in the journal and continuing through the post-closing trial balance, are referred to as the accounting cycle.
The accounting cycle consists of several steps that are performed in a specific order to ensure accurate financial records.
These steps include analyzing transactions, journalizing them in the general journal, posting them to the general ledger, preparing an unadjusted trial balance, making adjusting entries, preparing an adjusted trial balance, preparing financial statements, closing the temporary accounts, and finally, preparing a post-closing trial balance.
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The ledger of Skysong, Inc. on March 31 of the current year includes the selected accounts below before adjusting entries have been prepared.
Answers
Answer: See Image Below
The adjusting entries for Skysong, Inc. for March is prepared from the given selected accounts before adjusting entries have been prepared.
What are adjusting entries?Adjusting entries are journal entries that are typically made at the end of an accounting period to allocate income and expenditure to the period in which they actually occurred. Under accrual-basis accounting, the revenue recognition principle serves as the foundation for making adjusting entries for unearned and accrued revenues.
The adjusting entries are as follows:-
No. Date Account Tiles and Explanation Debit Credit
1. March 31 Depreciation expense 756
Accumulated Depreciation expense 756
2. March 31 Unearned Rent revenue 5580
Rent revenue 5580
3. March 31 Interest Expense 360
Interest payable 360
4. March 31 Supplies Expense 1935
Supplies 1935
5. March 31 Insurance Expense 1080
Prepaid Insurance 1080
Therefore, the adjusting entries are prepared on March 31.
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The essential difference between "Kaizen" business philosophy, which usually includes TQM programs and Business Process Reengineering(BPR): a) business process reengineering takes longer to implement while kaizen is a break through process. b) kaizen consists of a disciplined, statistics-based system aimed at reducing defects for a manufacturing or assembly process and business process reengineering stresses incremental process. c) kaizen requires the use of cross-functional teams where as bpr uses six sigma. d) business process reengineering requires pulling the pieces of an activity out of different departments and creating a single department aiming for quantum gains, whereas kaizen stresses incremental progress
Answers
The essential difference between the "Kaizen" business philosophy, which usually includes TQM programs, and Business Process Reengineering (BPR) is: d) Business Process Reengineering requires pulling the pieces of an activity out of different departments and creating a single department aiming for quantum gains, whereas Kaizen stresses incremental progress.
In Kaizen, the focus is on continuous improvement through small, incremental changes in various departments of a business. This approach emphasizes teamwork, employee involvement, and open communication. Kaizen aims to create a culture of continuous improvement, where every employee is engaged in finding ways to improve the business processes.
On the other hand, Business Process Reengineering (BPR) is a more radical approach that involves fundamentally rethinking and redesigning business processes to achieve dramatic improvements in performance. BPR often includes dismantling existing departmental structures and creating new ones to optimize the flow of information and work across the organization. This approach aims for quantum gains and significant leaps in performance, rather than small, incremental improvements.
In summary, while both Kaizen and BPR aim to improve business processes, they differ in their approach and focus. Kaizen is focused on incremental progress through continuous improvement across various departments, while BPR targets more significant, transformative changes by restructuring departments for quantum gains in performance. So, the correct answer is d) business process reengineering requires pulling the pieces of an activity out of different departments and creating a single department aiming for quantum gains, whereas kaizen stresses incremental progress.
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The proper choice is D). Trade handle reengineering requires pulling the pieces of an action out of diverse offices and making a single division pointing for quantum picks up, though kaizen stresses incremental advance.
Why is option B the right choice?This alternative accurately captures the fundamental distinction between Kaizen and Commerce Handle Reengineering (BPR).
BPR includes a radical rebuilding of forms by making a single division for a specific action, pointing to critical advancements.
On the other hand, Kaizen emphasizes progressive, incremental advances through little persistent advancements and the association of cross-functional groups.
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A graph titled Funding for House Elections 2011 to 2012 shows parties on the horizontal axis and dollars (hundreds of millions) on the vertical axis. Approximately 610 of Republican funding was total raised, 200 was P A C funding, and 350 was individual funding. Approximately 490 of Democratic funding was total raised, 165 was P A C funding, and 290 was individual funding.
Look at this graph, showing funding for campaigns for election to the House of Representatives, 2011–2012.
What is the most logical conclusion that can be drawn from this graph?
Both parties are dependent on raising huge sums of money to fund their House campaigns.
PAC spending is not a significant factor when it comes to raising money for House campaigns.
The Democrats will always raise more money for House campaigns from individuals than the Republicans will.
Campaign funding laws have reduced the amount of money needed to fund House campaigns.
Answers
Answer: Both parties are dependent on raising huge sums of money to fund their House campaigns.
Explanation:
Campaigning for office is no cheap endeavour as many politicians have seen and noted. Money needs to be spent on everything from renting venues to buying stationary and so the politicians turn to donors to help.
Regardless of party affiliation, this is the reality for political campaigns which is why both parties rely on huge sums of money to fund campaigns like for the U.S. House of Reps. This is confirmed by the graph described above that shows the hundreds of millions of dollars being used to campaign for the House.
Answer:
A
Explanation:
If a country wants to decrease its national debt as quickly as possible, what
kind of budget will it most likely create?
A. One that decreases taxes and decreases spending
B. One that decreases taxes and increases spending
C. One that increases taxes and decreases spending
D. One that increases taxes and increases spending
Answers
Most definitely and without a doubt C
If a country wants to decrease its national debt, one that increases taxes and decreases spending.
What is the national debt?The national debt is the debt of the country.
It is the money the country borrowed from the World Bank.
Manipulation in the interest rates and lower interest rates helps in lowering the national debt.
Thus, the correct option is C. One that increases taxes and decreases spending
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PLEASE
I recently got a new phone and now it won't give me notifications for reminders. I've tried everything and I'm screwed. What are some ideas for rembering stuff throughout the day? For instance, I need to talk to my bio teacher tomorrow about an assignment but I'll forget since I don't have reminders. What are some methods that work other than shoving a post-it down my pocket?
Answers
Answer:
you can make an agend or put noted on your fridge
Explanation:
Im confused i need help
Answers
Answer:
don't answer it because it doesn't apply to you yet
Explanation:
a payday loan company charges 2.4 percent interest for a four-week period. what would be the annual interest rate from that company?
Answers
The term "annual percentage rate" refers to the amount of interest that is generated annually by a payment that is paid to investors or assessed to borrowers (APR). An investment's return or the annual percentage rate, or APR, represents the real annual cost of borrowing money over the term of a loan.
P is the primary, to use an example.
Because the company that provides the payday loan levies a 4% fee, the number of interest periods over a 52-week period is 52/4, or 13.Hence, 52/4 = 13 interest periods are needed to calculate the interest for a 52-week period.
Interest and Principal Equal 2.4%
Time equals n + 13. The interest rate determines how much money the borrower will pay in interest to the lender. Rates of interest quoted by lenders are annual rates. The
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Fido wants to buy a new car. He will need to get a car loan. Fido decides to wait for few months until his credit
history improves. Which explains whether Fido is making a sensible decision?
O Fido's decision is sensible because the selling price of the car should be less in a few months.
• Fido's decision is sensible because the cost of the of car loan should be less if his credit history improves.
O Fido's decision is not sensible because he needs the car right away.
• Fido's decision is not sensible because it does not matter if he buys the car now or in a few months.
Answers
Fido's decision is sensible because the cost of the of car loan should be less if his credit history improves.
What should you do if this is your first time financing a car?Calculate the payment you can afford.
Learn what factors affect loan acceptance.
Pre-approve for a loan and compare rates.
Do some research before purchasing an automobile.
Get ready for the dealer.
What kind of credit has easy access?Very short-term loans with typically very high interest rates are referred to as easy access credit. It's a polite way of stating title loans, payday loans, or transactions at pawn shops.
What contributes to the development of a bad credit history?Pay less than the bare minimum.
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What was the most significant change in the american economy as a result of the civil war?.
Answers
During the Civil War, Republican Congresses established a series of laws that reconfigured the government-market relationship and set the foundation for the Gilded Age.
What changed economically after the Civil War?The society changed dramatically after 1800, as individual property rights grew more precious, Wage labor grew increasingly common, and the wealth gap between the rich and the poor widened.
States granted voting rights to all white men, making race the cornerstone of politics rather than property.
Thus, foundation for the Gilded Age was established.
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Please help:(
Do you think that federal regulations are beneficial or should the financial sector be left to its own devices with little to no government interference? Why? Stated another way, w
aspects of financial regulations do you think are beneficial to individuals and the country? Or what are the possible downsides of too much regulation?
Answers
The economy, businesses, and consumers all depend on a healthy financial system.
Why is it important to regulate the financial sector?The economy, businesses, and consumers all depend on a healthy financial system. The safety and soundness of the financial system and the protection of customers are both ensured in part by financial regulation. Regulations guard against financial fraud for consumers. Mortgages, credit cards, and other financial items that are immoral are among these. Monopolies cannot take control and consolidate their power because of laws like the Sherman Anti-Trust Act. While this is true, the advantages are linked to three aspects of improved financial stability: a lower likelihood of future crises, lower projected losses, and lower societal expenses. One of the top advantages of government regulation is safeguarding citizens against subpar goods, services, or company practices.To learn more about financial sector refer to:
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PLEASE HELP Question 21(Multiple Choice Worth 5 points) (04.09 LC) A paid position with specific duties, tasks, and responsibilities in a particular place of work. O Career Interests O Job O Values Question 22 Multiple Choice Worth 5 points) con. PLEASE HELP
Answers
Answer:
Job
Explanation:
A job is any regular and legal activity that one does to earn money. A job is a responsibility, position, or role assigned to a worker/ employee. Each job has a job description which details what duties the employer expects the employees to perform.
A job refers to employment, either full-time or part-time. It is also a piece of work to be performed.
the first major task of a business impact analysis is to analyze and prioritize the organization's _____ based on their relationships to the organization's mission.
Answers
The first major task of a business impact analysis is to analyze and prioritize the organization's functions or activities based on their relationships to the organization's mission.
In a business impact analysis, the organization evaluates and assesses the potential impact of disruptions or incidents on its operations and ability to fulfill its mission. The first step in this process is to identify and analyze the various functions or activities within the organization. These functions can include departments, processes, systems, and resources that contribute to the organization's overall mission and objectives.
By examining the relationships between these functions and the organization's mission, the business impact analysis aims to understand the criticality and interdependencies of each function. It involves assessing the potential consequences and risks associated with the disruption or loss of specific functions. The analysis helps prioritize the functions based on their importance to the organization's mission, ensuring that essential activities are given appropriate attention and resources for mitigation and recovery planning. This prioritization enables the organization to allocate resources effectively, develop strategies for business continuity, and establish recovery plans that address the most critical functions first. It ensures that the organization can maintain its core operations and fulfill its mission even in the face of adverse events or disruptions.
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The financial aid packages for three students are shown. Which student will have to repay the least amount?
Answers
Answer:
Tyler will have to repay the least amount
Explanation:
Tyler (loan = $1400) has the least loan amount as compared to both Kierra (loan = $2500) and Jaden (loan = $3700). Tyler extract his fees from the financial aid package components.
The smaller the loan, the smaller is the repayment amount. Hence, Tyler will have to repay the least amount
Answer:
Tyler
Explanation:
The reason why is because Kierra has to pay back $ 2,500 if you look at her loan section. You do not repay Scholarships, grants, and work study. Next Tyler only has $1,400 in his loan section that is why his is the least. Lastly Jaden has $3,700 in his loan section so he has to pay back $3,700