Departmentalization workers in an organization specialize as opposed to performing a variety of tasks as generalists.
What makes departmentalization crucial?
Every organization should have departments because it promotes specialisation, growth and expansion, responsibility clarification, improved customer service, performance evaluation, management development, resource optimization, and improved control.
What is the principle of departmentalization?
An organization can be divided into distinct departments, each of which is responsible for carrying out certain responsibilities in line with its area of expertise. Departmentalization within organizations is possible along organizational, regional, product, and customer/market divisions.
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When suppliers collaborate with the firm overall performance has been known to improve up to _________
Hi, you've asked an incomplete question. Answered from a general business perspective.
Explanation:
Note, a firm may measure its overall performance using some of the metrics below:
amount of sales in dollarsthe total cost of production,production capacity, etc.Only when the firm's suppliers are reliable, affordable, and efficient, would the firm be able to meet their product demand.
Buddhist practices are primarily concerned with meditation and mindfulness.
Which is correct?
A. False. Buddhist practices also involve worshiping the Buddha.
B. True. Changing one's outlook on life is primarily attained by practicing meditations and mindfulness.
C. False. Buddhist practices are broad ranging.
False. While meditation and mindfulness are important practices in Buddhism, the religion also includes other practices such as devotional acts, ethical conduct, and study of Buddhist teachings. So, Buddhist practices are broad ranging.
Option C is correct
Buddhism is a major world religion that originated in ancient India, around the 5th century BCE. It was founded by Siddhartha Gautama, who later became known as the Buddha, which means "the awakened one". The central teachings of Buddhism focus on the Four Noble Truths and the Noble Eightfold Path.
The Four Noble Truths state that suffering exists, suffering arises from craving, suffering can be overcome, and there is a path to the cessation of suffering. The Noble Eightfold Path is a set of guidelines for ethical conduct, mental discipline, and wisdom.
Buddhism has spread throughout the world, and today it is practiced by millions of people across various cultures and countries.
Option C is correct
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Select the correct answer
When Ahmed's company files for bankruptcy, he requests the court to give him another chance to repay debt. He tells the court that he works
for a company from which he receives monthly salary. He thinks he can repay his debts with the salary he receives. Under what legal provision
can the government grant Ahmed the option of repaying his debt?
O A Chapter 15
OB. Chapter 10
OC Chapter 11
OD. Chapter 13
Reset
Next
The four career pathways in Finance are
Banking and Related Services, Insurance Services, Retail Sales, and Business Financial Management.
Securities Law, Insurance Services, Financial and Investment Planning, and Business Financial Management.
Banking and Related Services, Retail Sales, Securities Law, and Business Financial Management.
Banking and Related Services, Insurance Services, Financial and Investment Planning, and Business Financial Management.
Answer:
Banking and Related Services, Insurance Services, Financial and Investment Planning, and Business Financial Management.
Answer: A.
Explanation:
Liz has set up a new employee with Standard user access but has unchecked the Payroll access box. Which part of QuickBooks Online will the new employee not have access to?
A. Bank Registor
B. Employees Tab
C. Contractors Tab
D. Report Center
The part of the Quick book online in which the new employee does not have access is the employee tab.
The following information should be considered as relevant:
The payroll access should be given in the employee tab.The new employee does not have access to the employee tab because the access box of the payroll remains unchecked.Thus, the other options are not correct.
Therefore we can conclude that The part of the Quick book online in which the new employee does not have access is the employee tab.
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how do you find questions to answer../??
In 2016 the Better Business Bureau settled 77% of complaints they received in the United States. Suppose you have been hired by the Better Business Bureau to investigate the complaints they received this year involving new car dealers. You plan to select a sample of new car dealer complaints to estimate the proportion of complaints the Better Business Bureau is able to settle. Assume the population proportion of complaints settled for new car dealers is .77, the same as the overall proportion of complaints settled in 2016
a. Suppose you select a sample of 200 complaints involving new car dealers. Show the sampling distribution of .
b. Based upon a sample of 200 complaints, what is the probability that the sample proportion will be within 0.02 of the population proportion?
c. Suppose you select a sample of 410 complaints involving new car dealers. Show the sampling distribution of .
d. Based upon the larger sample of only 410 complaints, what is the probability that the sample proportion will be within 0.02 of the population proportion?
e. As measured by the increase in probability, how much do you gain in precision by taking the larger sample in part (b)?
a) sampling distribution = 0.034.
b) the probability that the sample proportion will be within 0.02 of the population proportion is: 0.8686.
c) The sampling distribution of the sample proportion for a sample size of 410 is 0.027.
d) the population proportion to be approximately 0.9265.
e) by taking a larger sample in part b, we gain about 5.79% in precision.
a. The sampling distribution of the sample proportion can be approximated by a normal distribution with mean equal to the population proportion, p = 0.77, and standard deviation equal to the standard error of the proportion,
SEp = √[(p(1-p))/n]
= √[(0.77*0.23)/200]
= 0.034.
b. To find the probability that the sample proportion will be within 0.02 of the population proportion, we need to find the area under the normal curve between the values of p - 0.02 and p + 0.02.
This is equivalent to finding the area under the standard normal curve between the values of
(p - 0.02 - 0.77)/0.034
= -0.59 and
(p + 0.02 - 0.77)/0.034
= 0.59.
Using a standard normal table or calculator, we find this probability to be approximately 0.8686.
c. The sampling distribution of the sample proportion for a sample size of 410 can be approximated by a normal distribution with mean equal to the population proportion,
p = 0.77, and standard deviation equal to the standard error of the proportion,
SEp = √[(p(1-p))/n]
= √[(0.77*0.23)/410]
= 0.027.
d. Using the same method as in part (b), we find the probability that the sample proportion will be within 0.02 of the population proportion to be approximately 0.9265.
e. The increase in precision can be measured by the difference in the probabilities calculated in parts (b) and (d), which is approximately 0.0579. This means that by increasing the sample size from 200 to 410, we gain about 5.79% in precision.
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Discuss the importance of customer service
A country like Venezuela has had high inflations, making its bolivar
worthless. Answer the following:
- How could their inflationary problem be resolved once and for all? Consider and remark
on the the following solutions, considering what they involve and how effective they might be.
a. A full official dollarization
b. Adoption of BitCoin or nother crypto currency such as the Petrolo.
c. Legislation mandating a balanced budget approved by the Congress and signed into law by the
President.
3.Which of these do you think is the most likely to succeed, if any
The way that inflationary problem can be resolved once and for all is by option Legislation mandating a balanced budget approved by the Congress and signed into law by the President.
What is the inflationary problem about?There are several potential solutions to Venezuela's inflationary problem, each of which has its own advantages and disadvantages.
A full official dollarization: This solution involves replacing the bolivar with the US dollar as the official currency of Venezuela. This would effectively make the bolivar worthless and create a new currency system in the country. This approach has been successful in other countries that have experienced high inflation, as it allows the government to stabilize prices by adopting a more stable and widely accepted currency. However, it also requires the government to give up control over its own monetary policy and to accept the risks and uncertainties associated with using a foreign currency.
Adoption of Bitcoin or another cryptocurrency: This solution involves replacing the bolivar with a digital currency such as Bitcoin or Petrolo. Cryptocurrencies are decentralized and not controlled by any government or central bank, which means they are less vulnerable to manipulation or interference. However, they are also highly volatile and not widely accepted as a means of exchange, which makes them a risky choice for a country experiencing high inflation.
Legislation mandating a balanced budget: This solution involves passing a law that requires the government to balance its budget, which means that it cannot spend more than it earns. This approach can be effective in reducing inflation because it limits the government's ability to print money and increase the money supply. However, it also requires the government to make difficult choices about where to cut spending and may not be feasible if the government is already facing a fiscal crisis.
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The topic sentence in each step of a process analysis should identify?
The topic sentence in each step of a process analysis should identify the reason for doing the step. The correct option is C.
What is the main function of a process analysis essay?A process analysis essay explains how to carry out a task or how a process operates. The steps for writing a process analysis essay are the same regardless of the situation. The procedure is broken down into distinct, definite steps. A step-by-step process is used in almost everything writers do.
Product analysis is carried out as part of the Define Scope process to produce a comprehensive scope at the end. The goals and description of the product as stated by the client or sponsor are examined during the product analysis process. It is anticipated that analysis will lead to concrete project deliverables.
Thus, the ideal selection is option C.
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Your Question seems incomplete, most probably your complete question was:
The topic sentence in each step of a process analysis should identify:
a
the outcome of the step
b
the final product
c
the reason for doing the step
d
pitfalls of the step
Project: When It All Goes Wrong on Wall Street
Assignment Directions
1. Find a case which involved a bankrupt or closed securities firm, such as Enron or Lehman Bros. Research the case, and the
settlement. The easiest way to do this is to go to the SEC site, look at the regulatory actions against securities firms, and follow a
case. Here is the link ( sec.gov/spotlight/ enf-actions-fc.shtml or SEC Enforcement Actions, Addressing Misconduct That Led To or Arose From the Financial Crisis) to a current list of publicly traded companies that have been cited for SEC misconduct. As you can see, many of them are banks and securities firms and some of these firms are no longer in business. It is your job to research the firm and find out which ones on this list are no longer around. Then, follow the thread through the SEC, the courts,
and other reliable media such as Bloomberg, Wall Street Journal, or the New York Times. The most important thing to learn in
this assignment is how the enforcement process works. A second aspect of your research should include noting the stock price of this public firm before the regulatory actions and ultimate demise of the firm, and what the shareholders ended up receiving. You can find this information through the SEC enforcement reports and by using your browser to find historical information on share prices.
Submission Requirements
1. Write a report detailing the company that failed and what caused the failure. Describe the economic value and the cost to individual investors from a human perspective. Discuss how the regulatory system for securities worked or didn’t work and why. Was there any legislative or regulatory change because of this failure? Were there changes in society?
2. Your report should be 3 to 4 pages, double-spaced with 1-inch margins, and contain quantitive loss information from the failure (in other words the math), as well as a detailed narrative as to what went wrong. It also must show how the regulatory system for securities worked or didn’t work and why.
pls respond asap! will give brainliest :)
Answer: was
Explanation:
What is the difference between gross and net pay?
A. There is no difference between gross pay and net pay.
B. Gross pay is the amount you earn; net pay is the amount you
receive after deductions.
C. Net pay is always more than gross pay.
D. Net pay is the amount you earn; gross pay is the amount you
receive after deductions.
the distinction between gross and net wages Your gross pay is how much you are paid; your net pay is how much you are paid after deductions. As a result, choice (B) is accurate.
Generally speaking, net wages" refers to the sum of money an employee receives after all withholdings and taxes have been deducted from their gross pay. It serves as a representation of the real pay that an employee receives.
To be clear, the appropriate sentence describing the distinction between gross compensation and net paid is Net pay is the amount you receive after deductions; gross pay is the amount you earn.
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what are the basic parts of business letter?
E8-24 (Algo) (Supplement) Recording and Explaining Depreciation, Improvements, and Changes in Estimated Useful Life and Residual Value (Straight-Line Depreciation) LO8-2, 8-3 At the end of the prior year ending on December 31, Year 1, O'Connor Company's records reflected the following for Machine A: Cost when acquired $ 34,200 Accumulated depreciation 11,600 At the beginning of January of the current year, the machine was renovated at a cost of $17,600. As a result, the estimated life increased from five years to eight years, and the residual value increased from $5,200 to $7,200. The company uses straight-line depreciation. Required: 1. Prepare the journal entry to record the renovation. 2. How old was the machine at the end of the prior year
1. The O'Connor Company will record the renovation with the following Journal Entry:
January 1, Year 3:
Debit Equipment $17,600
Credit Cash $17,600
To record the renovation that increased the estimated life from 5 to 8 years.2. The machine was two years old at the end of the prior year because $5,800 x 2 will equal $11,600, which is the stated accumulated depreciation at the end of year 2.
Data and Calculations:
Cost of Machine = $34,200
Residual value = $5,200
Depreciable amount = $29,000 ($34,200 - $5,200)
Estimated useful life = 5 years
Annual depreciation expense based on straight-line = $5,800 ($29,000/5)
Accumulated depreciation = $11,600 ($5,800 x 2)
Net book value on December 31, Year 2 = $22,600 ($34,200 - $11,600)
Renovation cost = $17,600
Revised Depreciable amount = $33,000 ($22,600 + $17,600 - $7,200)
Revised useful life = 8 years
Remaining useful life = 6 (8 - 2)
Annual depreciation expense based on S/L = $5,500 ($33,000/6)
Thus, the machine was two years old before the renovation that increased its useful life by 6 years.
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Which situation has become more common as a result of globalization?
A. Commercial banks making risky loans to businesses
B. Central banks directing monetary policy for countries
C. Consumers buying goods from other countries
D. Governments raising taxes on imported products
SUBMD
Answer:
The correct answer will be D
The correct option is D). Governments raising taxes on imported products.
What is globalization?Globalization is the process of interaction and integration among people, businesses, countries etc. on international level.
It is the growing interdependence of the world's economies, cultures, and population that is brought about by cross-border trade in goods, services, technology etc.
The common result of the globalization is that government start raising taxes on the imported goods.
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When you are deciding who to hire, you should consider_______.
A)The job responsibilities
B)the wages
C)the hours
D)all of the above
Answer:
D. all of the above
Explanation:
When you're planning to hire somebody to work in your company, you have to consider many things such as the job responsibilities of the person, his working hours and his wage. These are important because you have to let an applicant know what kind of job he is getting himself into and how much he will be earning provided the working hours. Once he agrees to it and you're also satisfied with his skills, you may come to terms or an agreement that he may now start working in your company. This is an efficient way to hire somebody without wasting so much time.
in what ways is professional sport the same as any other job/employment?
Use the information below to answer questions 7-10 Mandated Company Ltd has established the following inventory levels for his manufacturing establishment: Normal usage Minimum usage Maximum usage Economic Order Quantity (EOQ) Delivery period 7. What is the re-order level? 20,000 units /day 12,000 units /day 26,000 units /day 100,000 units 26-30 days
The re-order level can be calculated by adding delivery period to the time it takes to receive an order. Therefore, the re-order level is 806,000 units.
What is re-order level?Re-order level is a term used in inventory management that refers to the minimum quantity of a product that a business needs to have on hand before placing a new order. It is also known as the reorder point or the minimum stock level. The purpose of setting a re-order level is to ensure that a business never runs out of stock, which could lead to lost sales and unhappy customers. The re-order level is determined by considering various factors such as lead time, demand variability, and safety stock. It is calculated by subtracting the lead time demand from the desired service level and adding the safety stock. By setting a re-order level, businesses can optimize their inventory management, reduce the risk of stockouts, and ensure they always have enough product to meet customer demand.
Re-order level = Maximum usage × (Delivery period + Time to receive an order) - Minimum usage
Re-order level = 26,000 units/day × (28 days + 5 days) - 12,000 units/day
Re-order level = 26,000 units/day × 33 days - 12,000 units/day
Re-order level = 818,000 units - 12,000 units/day
Re-order level = 806,000 units
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Pick a country (other than the United States) and research its competitiveness and suitability to locate a new production facility. Expand on the factors which you think are the most important ones to consider when making this decision
We will choose Brazil to conduct a survey on competitiveness and suitability for a new production facility.
What are Brazil's potential?The country is the fifth largest country in the world, being located in a tropical climate zone, and a large amount of favorable land available for agricultural production, which constitutes the country's primary activity.
Brazilian agribusiness is one of the largest in the world, importing to several countries, which is a business that attracts investors and could be a suitable area for new production.
Therefore, despite the advantages of agribusiness in the country, it is also necessary to consider the disadvantages of producing in the country, such as high bureaucratization and political instability, and these risks must be analyzed and mitigated through planning aligned and adapted to the local market.
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What is the rate of interest if your money doubles every 6 years? This is also known as Rule of 72.
Answer:
about 12 percent
Explanation:
1. If the two totals of a trial balance are equal, does it mean that there are no errors in the accounting records? Explain
2. Assume that when a purchase of supplies of $2,650 for cash was recorded, both the debit and the credit were journalized and posted as $2,560. (a) Would this error cause the trial balance to be out of balance? (b) Would the trial balance be out of balance if the $2,650 entry had been journalized correctly but the credit to Cash had been posted as $2,560?
1. If the two totals of a trial balance are equal, it does not mean that the accounting records are free of errors.
2a) The error of commission cannot cause the trial balance to be out of balance.
2b) If the $2,650 entry had been journalized correctly but the credit to the Cash had been posted as $2,560, the trial balance would not balance because another account was debited with $2,650.
What are the errors that do not affect the trial balance?The errors that do not affect the trial balance or cause it to be out of balance include:
Errors of principleErrors of original entryErrors of omissionErrors of commissionCompensating errors.A trial balance will be out of balance if an error is made on one side of the ledger.
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At December 31, 2021, Sunland Company had a credit balance of $15,300 in Allowance for Doubtful Accounts. During 2022, Sunland wrote off accounts totaling $12,800. One of those accounts of $1,700 was later collected. At December 31, 2022, an aging schedule indicated that the balance in Allowance for Doubtful Accounts should be $26,800. Prepare journal entries to record the 2022 transactions of Sunland Company.
Answer:
See below
Explanation:
During 2022, Sunland Company wrote off accounts totalling $12,800
Entry
Allowance for doubtful account Dr $12,800
---------- To Accounts receivable Cr $12,800
(Being entries to write off accounts initially provided for)
Only one of those accounts ($1,700) was later collected
Entry
Cash account Dr $1,700
----------- To Bad debt expense Cr $1,700
(Being entries to record receipt of cash from account previously written off)
At December 31, 2022 an aging schedule indicated that the balance in Allowance for Doubtful accounts should be $26,800
Entry
Bad debt expense Dr $24,300
---------------- To Allowance for doubtful debt Cr $24,300
(Being entries to recognize bad debt expense at year end based on aging schedule)
Workings
Adjustment required for doubtful accounts
= $26,800 - ($15,300 - $12,800)
= $24,300
Name the factors that influence the development of accounting
Match each organization and agreement with the phrase that best describes it.
is a regional organization that promotes
growth in Southeast Asia
EU
establishes a shared economy with a
common currency
ASEAN
is an international organization that
works to promote fair-trade practices
WTO
creates a free-trade zone between
Canada, the US, and Mexico
NAFTA
Answer:
see below
Explanation:
ASEAN : Is a regional organization that promotes growth in Southeast Asia. ASEAN is short for the Association of Southeast Asian Nations. Its primary objective is to accelerate economic growth, promote peace, social integration, and cultural development in Southeast Asia.
EU: Establishes a shared economy with a common currency.
The (EU) European Union is composed of 27 member states that are located in Europe. EU is political and economic union that has created a single market by eliminating border restrictions and the creation of a common currency.
WTO : An international organization that works to promote fair-trade practices. WTO stands for The World Trade Organization . The main objective of WTO body is to regulate and liberalize world trade.
NAFTA creates a free-trade zone between Canada, the US, and Mexico.
The North American Free Trade Agreement (NAFTA) minimized or eliminated most tariffs between these counties.
Answer:
NAFTA-creates a free trade zone between Canada the us and Mexico
WTO-is an international organization that works to promote fair trade practices
EU-establishes a shared economy with a common currency
ASEAN-is a regional organization that promotes growth in Southeast Asia
Which examples demonstrate common qualifications for Quality Assurance careers? Check all that apply.
Claudia designs images and writes text for a product advertisement.
Harrison stands for long periods while checking the quality of a factory’s manufacturing process.
Mercedes inspects products on an assembly line to make sure they meet the company’s standards.
Lyle convinces customers to purchase defective products for a discounted price.
Arturo performs laboratory tests to check for pollution in the area near a factory.
Simone weighs and measures products to make sure they are the right size.
Answer:
2, 3, 6
Explanation:
Answer:
2,3,6 just did it on edge
Explanation:
The office manager of ABC company has the authority to the whole financial operations. He authorizes activities, controls the company’s expenses, records the company’s transactions, and rarely takes vacation.
The owners of the company are happy with his work since the company is making a profit. You are giving the opportunity to educate the owners about the risk of not implementing internal control. What would be your advice?
Let understand that Internal controls refers to the conventional rules and procedures implemented in a firm to ensure the integrity of financial and accounting information,
Examples of Internal control includes process of reconciliations, approval of processes, reviews, verification processes etc
The purpose of Internal control is to ensure that integrity takes place in the business practice.
Therefore, i will advice the owner of the company to implement the internal controls so that works of the manager and his surbodinate will be checked among themselves.
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Lena is a sole proprietor. In April of this year, she sold equipment purchased four years ago for $53,200 with an adjusted basis of $31,920 for $35,112. Later in the year, Lena sold another piece of equipment purchased two years ago with an adjusted basis of $15,960 for $10,374. What is the amount and character of Lena's gain or loss?
Answer:
Ordinary gain $3,192; Loss $5,586
Explanation:
Calculation to determine the amount and character of Lena's gain or loss
Based on the information given she has an ORDINARY GAIN § 1245 DEPRECIATION RECAPTURE of the amount of $3,192 calculated as ($35,112 − $31,920) from the sale of the first equipment as well as § 1231 LOSS of the amount of $5,586 ($10,374 − $15,960) from the sale of the second equipment.
Therefore the amount and character of Lena's gain or loss will be Ordinary gain of $3,192 and Loss of $5,586.
If you have many competing financial goals, what should you do to help yourself focus on the most important ones?
A.
Get more unearned income.
B.
Prioritize and make a budget.
C.
Open a checking account.
D.
Diversify your investments.
Answer:
B.
Prioritize and make a budget.
The Fed's most visible monetary tool is probably
a. open market operations.
b. change in reserve requirements.
c. Reg Z.
d. discount rate policy
The correct answer is d) discount rate policy. The Fed's discount rate policy is likely its most prominent monetary tool.
The Fed's board of governors determines the discount rate, which can be changed as a tool for monetary policy by going up or down. One of the Fed's main tools for implementing monetary policy is lending at the discount rate, which is a part of its role as a lender of last resort.
The federal funds rate, other market interest rates, and eventually consumer and company borrowing and spending are all primarily influenced by interest on reserves.
To accomplish macroeconomic objectives, a monetary policy employs a variety of tools, including open market operations, requirements for bank reserves, and the discount rate. Open market activities, however, are regarded as the most significant and often applied tool of the three.
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Map the earliest start times for each activity to the resource demands over time. What are the earliest start times for each activity?
To map the earliest start times for each activity to the resource demands over time, you will have to use the critical path method (CPM) which is used for scheduling and managing complex projects.
The earliest start time is the earliest possible start time for an activity, assuming that all of its predecessors have been completed.
Here are the earliest start times for each activity:Activity A: ES = 0Activity B: ES = 3Activity C: ES = 4Activity D: ES = 4Activity E: ES = 7Activity F: ES = 10Activity G: ES = 11Activity H: ES = 15
The activity on the critical path are the ones with the smallest amount of slack, or the ones that if delayed will affect the project's completion date. In this case, the activities on the critical path are: A-B-D-G-H.
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