Presenting all costs of an organization as a function of a single independent variable, such as volume of output, can be useful in obtaining a general understanding of cost behavior, but it may not be accurate enough to make specific decisions concerning products, services, or activities for several reasons:
1. Assumptions of linearity: The assumption that costs behave linearly with changes in the independent variable (such as output volume) may not always hold. In reality, many costs are non-linear and may have step costs or non-linear relationships with the independent variable. Thus, using a single independent variable to represent cost behavior may not provide an accurate representation of the underlying costs.
2. Other factors affecting costs: Other factors such as changes in technology, labor rates, inflation, and changes in input prices may also affect costs, making it difficult to accurately predict cost behavior based on a single independent variable.
3. Different cost structures: Different products, services, and activities within an organization may have different cost structures, making it challenging to apply a single cost behavior assumption across the entire organization.
4. Different pricing strategies: Different products or services may have different pricing strategies, which can affect their cost behavior. For example, a company may price some products or services at a premium, which may change the cost behavior of those products compared to others.
Therefore, presenting all costs of an organization as a function of a single independent variable, while useful, may not be accurate enough to make specific decisions concerning products, services, or activities, and a more detailed analysis of the cost structure may be necessary to make informed decisions.
To know more about cost behaviour , refer here :
https://brainly.com/question/30877583#
#SPJ11
If a family planned to spend $370 for food during March but only spent $348, this difference would be referred to as a:
Answer:
Surplus
Explanation:
Given:
Family planned to spend = $370
Amount spend = $348
Find:
Amount of surplus
Computation:
Amount of surplus = Family planned to spend - Amount spend
Amount of surplus = $370 - $348
Amount of surplus = $22
A surplus is the quantity of an item or resource that is greater than the amount that is actively used.
A home improvement store has an assembled kids playset on display. There
are no signs waming parents not to let their kids play on it. When a child
climbs on the playset, it collapses and the child breaks her wrist. The playset
was not assembled properly for use because it was only for display. Is the
home improvement store negligent?
A. Yes. The store has a duty of care to provide a safe environment
and not assembling the playset correctly or putting up warning
signs is a breach of duty. The breach caused the playset to
collapse and resulted in harm to the child.
O B. Yes. Home improvement stores are held to a higher standard of
care than other stores because they sell some dangerous items.
Even though a reasonable person wouldn't climb the playset, the
store is still negligent.
O C. No. Home improvement stores do not have a duty to ensure the
safety of their customers because they sell some dangerous
items. Without duty to the customer, the store cannot be negligent.
OD. No. The store is not in violation of a breach of duty because
customers should know never to climb on or use anything on
display in a store. Without breach of duty, the store is not
negligent
Answer:
a. yes. the store has a duty of care to provide a safe environment and not assembling the playset correctly or putting up a sign is a breach of duty. and it resulted in harm.
Explanation:
a p e x
External analysis and internal analysis combined constitute what has come to be called?
External analysis and internal analysis combined constitute what has come to be called the SWOT analysis.
What is SWOT analysis?
Using a SWOT analysis, a person or organization can determine their strengths, weaknesses, opportunities, and threats in relation to project planning or competitive business environments. Situational analysis or situational evaluation are other names for it. The four pillars of a SWOT analysis are strengths, weaknesses, opportunities, and threats for your business. A SWOT analysis' main goal is to assist enterprises in fully understanding all the variables that go into choosing a course of action. Utilize your opportunities and strengths to advance. Use your strengths to confront threats and repel them. So that you may take advantage of chances, and strengthen your deficiencies. Because the threats are tailored to your weaknesses, withdraw (in Dutch).
To learn more about SWOT analysis click on the given link:
https://brainly.com/question/25066799
#SPJ1
Because an insurance policy is a legal contract, it must conform to the state laws governing contracts which require all of the following elements EXCEPT?
All of the following, with the exception of conditions, are required.
Describe insurance.One party will agree to compensate another in the event of a certain loss, damage, or injury in exchange for a fee in order to safeguard oneself from financial loss. It is a risk management technique that is typically used to guard against the danger of a hypothetical loss that may or may not materialise.
An underwriter, insurer, firm, or carrier is a company that provides insurance. A person or organisation that obtains insurance is known as a policyholder, whereas a person or organisation that the policy protects is known as an insured.
Become familiar with
Insurance
Visit
https://brainly.com/question/989103
explain the process involve in forming a company.
include these points:
1. Often require more time and legal works.
2. Need to complete all required documents such as ARTICLE OF ASSOCIATION and MEMORANDUM OF ASSOCIATION.
3. Once all document is ready, the register of the company issues the Certification of incorporation.
4. Certification of incorporation certifies the legal status of the company and allows to start trading.
Forming a company involves a number of steps and can often require more time and legal work than other types of business structures. Here are the steps typically involved in forming a company:
How to fporm companyChoose a Business Name: The first step is to choose a business name that is not already in use by another company. It's important to conduct a search to ensure the name is not already taken.
Decide on Company Structure: The next step is to decide on the legal structure of the company, such as a corporation, LLC, or partnership.
Prepare the Required Documents: Once the structure has been chosen, the required documents such as ARTICLE OF ASSOCIATION and MEMORANDUM OF ASSOCIATION must be completed. These documents outline the purpose of the company, its ownership structure, and other important details.
File Documents with the Register of Companies: The completed documents must then be filed with the register of the company in the jurisdiction where the company is to be incorporated. This requires paying a fee and providing additional information about the company, such as the names and addresses of directors and shareholders.
Certification of Incorporation: Once all the required documents have been submitted and approved, the register of the company issues a Certification of Incorporation. This certificate certifies the legal status of the company and allows it to start trading.
Obtain Business Licenses and Permits: Depending on the type of business and the jurisdiction, the company may also need to obtain additional licenses and permits before it can begin operating legally.
Overall, forming a company involves a significant amount of legal work and documentation, but it provides the benefit of limited liability and can make it easier to raise capital and attract investors.
Read more on companies here:https://brainly.com/question/25818989
#SPJ1
epositors lack of information about the quality of bank assets can lead to A) bank panics. B) bank booms. C) sequencing. D) asset transformation. E) none of the above
Answer: Your answer is A) bank panics.
Hope this helps!
In a bolt-manufacturing factory, it is estimated that 6% of the bolts being manufactured will be defective, with a 3% margin of error. Choose the statement that correctly describes the confidence interval.
The statement D. The percentage of defective bolts is between 3% and 9% is correct. A confidence interval is a range of values that is likely to contain the true population parameter with a certain level of confidence.
In this case, the population parameter is the percentage of defective bolts in the factory. The estimate for this parameter is 6%, and the margin of error is 3%. The margin of error is a measure of the uncertainty of the estimate. It represents the range of values within which the true population parameter is likely to fall. A common practice is to use a 95% confidence level, which means that if the same sampling process were repeated many times, the interval would contain the true population parameter 95% of the time.
So, a 95% confidence interval for the percentage of defective bolts would be (6-3)% to (6+3)% = 3% to 9%.
The complete question is:
In a bolt-manufacturing factory, it is estimated that 6% of the bolts being manufactured will be defective, with a 3% margin of error. Choose the statement that correctly describes the confidence interval.
A. The percentage of defective bolts is 6% or more.
B. The percentage of defective bolts is 6% or less.
C. The percentage of defective bolts is between 3% and 6%.
D. The percentage of defective bolts is between 3% and 9%.
Learn more about interval of bolts, here https://brainly.com/question/17646647
#SPJ4
The most problematic sources are those that: A. Provide the least information about their author and original source of information B. Contain information that is biased C. Contain information only from secondary sources D. Provide one outlook on the information being presented
The most problematic sources are those that provide the least information about their author and original source of information. A material or device that emits radiation, whether ionising or non-ionizing, and that needs to be licensed by the Australian Radiation.
The protection and Nuclear Safety Authority is referred to as a problematic source. Investments, operations, and financing These three streams of business cash flow can significantly impact the development and viability of your organization. The sources of company finance include retained earnings, equity, term loans, debt, letters of credit, debentures, euro issuance, working capital loans, the venture capital investments, etc.
To learn more about problematic, click here.
https://brainly.com/question/28199033
#SPJ1
Answer: I believe the answer is A.
Explanation: I really hope this helps and have a fabulous day!
Estimates for 2019 indicate that health costs may average ______ for every man, woman, and child. a. $5,568. b. $7,026. c. $10,008. d. $13,387.
Estimates for 2019 indicate that health costs may average $7,026 for every man, woman, and child. The correct option is b.
Estimates for 2019 indicate that health costs may average $7,026 for every man, woman, and child. This figure represents the average amount spent on healthcare expenses per capita, including medical services, prescription drugs, hospital stays, and other healthcare-related costs.
Healthcare costs vary across different countries and regions, as well as within different healthcare systems. Factors such as the availability and accessibility of healthcare services, the level of medical technology and innovation, and the overall health status of the population can influence the average cost of healthcare.
It is important to note that healthcare costs are subject to change over time due to various factors, including changes in healthcare policies, advancements in medical treatments, and shifts in demographics and disease patterns. Therefore, the specific average health cost figure may differ for different years and regions.
In the given options, the closest estimate to the average health cost of $7,026. The correct option is b.
To know more about health, refer here:
https://brainly.com/question/28044901#
#SPJ11
QUESTION 2 of 10: Your Maitre'd's starting salary is $38,000/year. You have promised her an 8% raise per year for her first 5 years. What yearly salary be after 5 years? a) $23,725 b) $42,114 c) $49,189 d) $55,834
Answer:
D) 55,834
Explanation:
Stocks are generally considered a higher risk because:
a) Their value varies over time
b) They are not covered by FDIC
c) Rate of returns are not guaranteed
d) All the above
When should I file a complaint with the Better Business Bureau?
The Better Business Bureau (BBB) is an organization that helps consumers resolve complaints about businesses and promotes ethical business practices. If you have had a negative experience with a business and are not satisfied with the company's response to your complaint, you may consider filing a complaint with the Better Business Bureau.
The Better Business Bureau should be contacted when you have attempted to resolve a dispute with a business and have not received a satisfactory resolution. For example, if you have purchased a product or received a service from a company and it was not as advertised, or if the company has failed to fulfill a promise or commitment made to you, you may consider filing a complaint with the Better Business Bureau.
It is important to note that the Better Business Bureau is not a government agency and does not have the power to force businesses to resolve complaints. However, they do have a process in place to mediate disputes and help consumers resolve issues with businesses. By filing a complaint with the Better Business Bureau, you are taking advantage of a valuable resource that can help you resolve disputes with businesses in a fair and impartial manner.
Overall, the Better Business Bureau serves as a resource for consumers to resolve complaints about businesses and to promote ethical business practices. If you have had a negative experience with a business, consider filing a complaint with the Better Business Bureau to seek a resolution.
To learn more about The Better Business Bureau, visit:
https://brainly.com/question/4166921#
#SPJ11
if the checksum matches, the receiver can be definitely assured that no bit errors have occurred during transmission. group of answer choices true false
False. The receiver cannot be certain that there have been no bit errors. This is due to the way the checksum for the packet is calculated.
What is checksum ?A checksum is a small-sized block of data derived from another block of digital data in order to detect errors introduced during transmission or storage. Checksums are frequently used to verify data integrity but are not used to verify data authenticity.
A checksum function or checksum algorithm is the procedure that generates this checksum. A good checksum algorithm usually outputs a significantly different value depending on its design goals, even for minor changes to the input.
This is especially true of cryptographic hash functions, which can be used to detect many data corruption errors and verify overall data integrity; if the computed checksum for the current data input matches the stored value of a previously computed checksum, there is a very good chance the data was not accidentally altered or corrupted.
Hash functions, fingerprints, randomization functions, and cryptographic hash functions are all related to checksum functions.
To learn more about checksum refer :
https://brainly.com/question/13968647
#SPJ4
A registered representative has left one firm to join another. Sometime later, the former employer discovers that some information on Form U-5 filed at the time of termination was inaccurate. The firm need not file an amended U-5 if at least how much time has gone by
No stated time limit has been given if the firm had not filed an amended U-5.
What is the time limit to be followed for filing form U-5?Form U5 must be filed within thirty days of the date of the termination event, and it requires a firm to provide accurate answers to various questions, including the reason for an associated person's termination of their registration.
Form U5 is the Uniform Termination Notice for Securities Industry Registration which includes the Broker-dealers, funding advisers, or issuers of securities who ought to use this form to terminate the registration of a person in the best jurisdictions.
Hence, no stated time limit has been given if the firm had not filed an amended U-5.
Learn more about Form U5:
https://brainly.com/question/20367254
#SPJ1
Separation of duties and e-commerce controls are examples of ______ controls.
While consumers buy products for their own use, businesses buy products to utilise in ongoing operations and resale to customers.
What is Internal Controls ?Consumer buying involves activities related to purchasing and consuming things for personal and home use, whereas organisational buyers make purchases primarily for organisational purposes. This is the major distinction between consumer buying and organisational buying behaviour.
Organizational markets are those where businesses, organisations, and individuals purchase items intended for uses other than their own personal consumption. Although there are fewer buyers and sellers in these markets, the volume of purchases is higher than in the consumer markets.
Hence Internal controls is the examples of controls.
Learn more about Internal Controls here
https://brainly.com/question/28487347
#SPJ1
When the price of fresh fish increases 10%, quantity demanded decreases 5%. The price elasticity of demand for fresh fish is ________ and total revenue from fresh fish sales will
Answer:
Explanation:
10%-5%
0.1-0.05
=0.06
rue or false: the momentum effect is observed where good or bad recent stock performance of particular stocks continue over time.
The market frequently experiences the momentum effect, in which asset values follow a trend for a long period of time.
Stocks that perform well as well as those that perform poorly tend to follow the trend. It arises from the tendency of momentum investors to seek for top performers. Because of this, when a firm is performing well, these investors increase their investment in it, raising the price and perpetuating the trend. And when a stock is under-performing, these investors sell it, driving the price of the stock even down. They consequently continue to exhibit poor performance the next time. The tendency of both well-performing and poorly-performing stocks to carry over their performance into the subsequent period is known as the momentum effect. uppercase C.
Learn more about Momentum here:
https://brainly.com/question/30698212
#SPJ4
this type of pay system rewards employees for successfully acquiring new job-related knowledge.
The type of pay system that rewards employees for successfully acquiring new job-related knowledge is called a Skill-Based Pay System or Competency-Based Pay System. This approach encourages employees to enhance their skills and competencies, resulting in increased job performance and overall organizational efficiency.
Learn more about employees here:
brainly.com/question/31928023
#SPJ11
A young investor willing to take moderate risk for above-average growth would be
most interested in:
Mutual funds
Single stocks
Real estate
Bonds
Answer:
Real estate or Bonds.
Explanation:
Because it says above average growth
A mountain bike is priced at $413. If the sales tax is 6. 5 percent, what is the cost to purchase the mountain bike? Round to the nearest cent if necessary. $26. 85 $28. 91 $437. 78 $439. 85.
Answer:
A
Explanation:
A. the answer to this question
Gracen Pharmacy, part of a large chain of pharmacies, fils a variefy of prescriptions foe customers. The complexty of prescriptions filled by Gracen varies widely, pharenacists can spend Data table between five minules and six hours on a prescription order. Traditionally, the pharmacy has allocated its overhead based on the number of prescriptions. The pharmacy chain's controller is exploring whether activiby-based costing (ABC) may benter allocate the pharmacy overtead costs to pharmacy erders. Data table Requirements What is the traditional overhead rate based on the number of prescription How much pharmacy overhead would be allocated to customer order number 1102 if traditional overhead allocation based on the number of prescriptions is used? How much pharmacy overhead would be allocated to customer order number 1103 if traditional overhead allocation based on the number of prescriptions is used? What are the following cost pool allocation rates: a. Pharmacy occupancy costs b. Packaging supplies c. Professional training and insurance costs 5. How much would be allocated to customer order number 1102 if activity-based costing (ABC) is used to allocate the pharmacy overhead costs? 6. How much would be allocated to customer order number 1103 if activity-based costing (ABC) is used to allocate the pharmacy overhead costs? 7. Which allocation method (traditional or activity-based costing) would produce a more accurate product cost? Explain your answer.
Traditional Overhead Rate based on the number of prescriptions:
To calculate the traditional overhead rate, you would need the total overhead cost and the total number of prescriptions. The formula is as follows:
Traditional Overhead Rate = Total Overhead Cost / Total Number of Prescriptions
Pharmacy Overhead allocated to customer order number 1102 (based on the number of prescriptions):
To allocate pharmacy overhead to a specific customer order, you would multiply the traditional overhead rate by the number of prescriptions for that order.
Cost pool allocation rates:
To determine the allocation rates for different cost pools (such as pharmacy occupancy costs, packaging supplies, professional training and insurance costs), you would need the total costs for each cost pool and the corresponding activity drivers. The allocation rate is calculated by dividing the total cost of each pool by its respective activity driver.
Allocation using Activity-Based Costing (ABC):
Activity-Based Costing (ABC) allocates costs based on the specific activities that drive those costs. Without the data table and the specific cost drivers associated with each order, we cannot calculate the exact allocation amounts using ABC.
Allocation to customer order number 1102 using ABC:
To allocate overhead costs to a specific customer order using ABC, you would need the specific cost drivers associated with that order. Without that information, we cannot determine the exact allocation amount.
Allocation to customer order number 1103 using ABC:
Similar to the previous point, the allocation amount for customer order number 1103 using ABC would require the specific cost drivers associated with that order.
Accuracy of allocation methods:
Activity-Based Costing (ABC) is generally considered more accurate than traditional overhead allocation methods. ABC takes into account the specific activities and cost drivers, providing a more detailed and precise allocation of overhead costs. It recognizes the variability in complexity and time spent on different prescriptions, leading to a more accurate product cost allocation compared to the traditional method based solely on the number of prescriptions.
Please note that the specific answers to the questions can only be provided with the actual data from the data table.
To know more about Traditional Overhead Rate click this link -
brainly.com/question/15743013
#SPJ11
Please help me, I’ll give brainliest
Which two things are workers in the Arts, A/V Technology, and Communications cluster most focused on? Check all that apply.
A.calculating
B.training
C.communicating
D.organizing
E.performing
Answer:
communicating and performing
Explanation:
i just answered it
The two things that workers in the Arts, A/V Technology, and Communications cluster focus on are C. communicating and E. performing
Workers in the cluster cannot focus on calculating, training, and organizing. These activities are left for the management cluster.
Workers in the Arts use creative and imaginative skills to perform and communicate the visual effects of their emotional expressions. Similarly, A/V (Audio/Video) Technology workers engage in the communication industry.
Thus, these Arts, A/V Technology, and Communications workers do not focus on calculating, training, and organizing because these activities are carried out at the higher level of the cluster.
Learn more about Arts and Communication at https://brainly.com/question/12370076
key performance indicators can focus on external and internal measurements. true or false
Key performance indicators (KPIs) can focus on both external and internal measurements is True.
Key performance indicators (KPIs) are metrics used to measure the performance and progress of an organization in achieving its goals and objectives. KPIs can be designed to focus on both external and internal measurements, depending on the specific needs and priorities of the organization.
External KPIs are indicators that assess the organization's performance in relation to external factors, such as customer satisfaction, market share, sales growth, and competitive positioning. These KPIs provide insights into how the organization is perceived and valued by its customers, stakeholders, and the market at large. They help monitor the organization's competitiveness and its ability to meet customer expectations and market demands.
On the other hand, internal KPIs focus on measuring and monitoring internal processes, operations, and resources. These indicators assess factors such as operational efficiency, productivity, quality, employee performance, and financial performance. Internal KPIs provide insights into the effectiveness of internal systems, processes, and activities, allowing organizations to identify areas for improvement, optimize resource allocation, and enhance operational performance.
By incorporating both external and internal KPIs, organizations can gain a comprehensive understanding of their overall performance and make informed decisions to drive success. The combination of external and internal measurements helps organizations assess their market position, customer satisfaction, operational effectiveness, and financial health, leading to better overall performance and strategic management.
Learn more about stakeholders here:
https://brainly.com/question/15532995
#SPJ11
please help me i reallu need your help
Answer:
what's the question??
..................._.....................
what is business?????????????
A business is defined as an organisation or enterprising entity engaged in commercial, industrial,or professional activities.
Which profession do you prefer ro choose for your career?Engineer or Architect? Why?
Answer:
Architects
Explanation:
In my opinion,
Architects create new design concepts that push how modern day construction is executed.Architecture is one of the few professions that is never static.” Recently, architects have become more and more concerned with environmental and socially responsible building practices and materials.Identify the problem by analyzing the given scenario. An IT software company is losing market share because it fails to launch new products in a timely manner. Decisions are centralized at the top, and employees have little or no voice. One way to solve this problem is to use teams to eliminate ____ in the company.
Explanation:
to eliminate their best efforts in the company
Answer:
"bureaucratic barriers"
Explanation:
i got it right on plato
coffee to
growing more
16)
16]
2 TGH are a public limited company which makes sports shoes (trainers). It makes
a variety of designs for the mass market. The mass market is for young people
who want fashionable sports shoes as well as those who play sport. The Directors
segment of customers who have a medical problem with their feet and need
recently decided to target a niche market which is for a particular market
b) Identify two examples of the different markets for TGH products.
c) Identify and explain two reasons why TGH sell to a niche market.
d) Identify and explain two advantages to TGH of segmenting the market
e) Do you think the Directors of TGH were right to target a niche market
or should they have stayed with just a mass market? Justify your answer.
specially designed shoes,
a) What is meant by a 'niche market'?
for sports shoes.
Revision checklist
In this chapter you have learned:
the role of marketing-identifying and satisfying customer needs as well as
Answer:
Is this reading then answering questions or....
Explanation:
I dont get the question sry but I'll try to help
When making decisions, managers often must decide between doing what is beneficial for the firm in the short term, and what is beneficial for both the firm and society in the long term. To address this conflict, a firm must
When making decisions, managers are often faced with a conflict between what is beneficial for the firm in the short-term and what is beneficial for both the firm and society in the long-term.
This conflict arises because the actions that benefit the firm in the short-term may not necessarily align with the interests of society as a whole, which can lead to negative consequences for both the company and society in the long-term.
To address this conflict, a firm must adopt a long-term orientation and consider the broader social and environmental impacts of its decisions. This means looking beyond immediate financial gains and recognizing that actions taken today can have far-reaching implications for the company's reputation, customer loyalty, employee morale, and overall sustainability.
Firms that prioritize social responsibility and sustainable business practices are more likely to build strong relationships with stakeholders, including customers, employees, investors, and regulators. They are also better equipped to weather economic downturns and other disruptions, as they have diversified their risk and invested in building resilient supply chains and communities.
Ultimately, the key to addressing the conflict between short-term gains and long-term benefits is a commitment to corporate social responsibility (CSR) and sustainable business practices. By prioritizing the needs of society and the environment alongside those of shareholders, firms can create value for all stakeholders over the long-term, ensuring their continued success and impact.
learn more about managers here
https://brainly.com/question/32150882
#SPJ11
How much money will you have in 35 years if you invest $250 at the beginning of each month at 7.4 percent interest rate being compounded semi annually? (Round to the nearest dollar) OA. $482,440 OB. $475,166 OC. $467,833 OD. $485,370
$475,166 money will you have in 35 years if you invest $250. The compounding time is six months when interest is compounded semiannually. As a result, if you have a five-year loan with semiannual compounding, the total interest up to that point is added to the principle nine times.
Semiannual is just a term that refers to an event that occurs twice a year. A firm, for example, may host semiannual corporate celebrations, a couple could celebrate their marriage semiannually, and a family could go on vacation semiannually.
Anything that occurs twice a year occurs semiannually. As a result, a 10% interest rate compounded semi-annually equals a 10.25% interest rate compounded yearly. Savings account and Certificate of Deposit (CD) interest rates typically compound yearly.
To learn more about interest, click here.
https://brainly.com/question/30393144
#SPJ4