true/false. cost center managers are evaluated on their success in controlling actual costs compared to budgeted cost

A method for allowing the public to express concerns or questions.  

It aids in creating and maintaining a favorable public perception of your company. It entails reaching audiences by exploiting news stories and public interest themes that don't involve direct payment.

Find out what needs to be altered or improved, and then identify positive elements to build.

Identify any societal, economic, or industrial trends that need to be taken into account.

I understand the question you are looking for is this:

The public information strategy includes the types of information to be distributed, the procedures for distributing information, procedures for updating or correcting information, and:

A) a method for allowing the public to express concerns or questions.  

B) the time of day to distribute information.

C) when to withhold information.

D) the cost of distributing information.

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Running loyalty or customer reward programs may also be a way to prioritize consumers amid an economic crisis. Make changes to your goods and services to better meet the demands of your target audience. It's important to diversify your company in case you lose a big client. This is further explained below.

Generally, A person or business that produces products for sale.

In conclusion, It may also be possible to prioritize customers during an economic crisis by implementing customer loyalty or incentive programs.

make adjustments to your products and services to better match the needs of your target market.

Having a diverse client base is essential in the event that you lose a major customer.

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Answer:

The reduction in money supply.

Explanation:

When the fed engages in open market operations and sells government securities, they reduce the amount of money in circulation thereby reducing money supply.

(a) Lynn Brian Mike CPA firm, Direct materials $ 600 $ 400 $ 200Auditor labor costs 5,400 6,600 3,375Applied overhead 3,600 4,400 2,250 Total cost $9,600 $11,400 $5,825

(b) The Lynn job is the only incomplete job, therefore, $9,600.

Qualified accountants are referred to as Certified Public Accountants in several English-speaking countries (CPAs). It is often equal to the designation of chartered accountant in other English-speaking countries. A CPA license entitles its holder to provide public accounting services in the US. It is authorized for usage in each of the 50 states. With Hawaii as an exception, all states have adopted mobility laws that allow CPAs from other jurisdictions to work there. Although the minimum requirements for state licenses vary, they often include passing the Uniform Certified Public Accountant Examination, having finished 150 semester units of college education, and having one year of accounting experience.

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An assignment is it called when one party to a contract transfers the contractual rights and obligations to another but remains liable for the contract terms.

This is a term used in law of contract and of property and assets, which is when a party transfers his or rights(assets) to the other party.

Here one party wishes to leave a contract and transfer their role to a new, incoming party. For the transfer to be legal, the process must be documented and sealed by the signature of both parties in the presence of their lawyer.

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The heuristic that Gordon Jones would be said to be using is what is called the conjunctive heuristic.

This is the type of heuristic that exists where a person would be said to set a minimum acceptable level on the attribute that they want. Then they pick the first alternative as their choice. The one that they choose is that first alternative that is able to meet the minimum standard of all of the attributes.

In simple terms the consumer in this type of heuristic is going to set what is a cut of on minimum attribute then he would go ahead to choose the first option that meets his need.

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In the short run, a profit-maximizing monopolistically competitive firm sets it price: above marginal cost. Option C. This is further explained below.

Generally,  The marginal cost of production is the incremental cost incurred to produce one more unit of a good or service.

In conclusion, Initially, a monopolistically competitive business sets its price at a level above its marginal cost in order to maximize its profits.

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Incremental cash flow is the additional operating cash flow that an organization receives from taking on a new project. A positive incremental cash flow means that the company's cash flow will increase with the acceptance of the project. A positive incremental cash flow is a good indication that an organization should invest in a project.

There are various indirect effects that could affect cash flows like:

- releasing of a product that will generate sales of replacement parts and services in future years

- Dismantling of existing product sales by introduction of a new product

- increased sales of an existing product by release of a complementary product

- losing existing store sales by locating a new store too close by

There are various other difficulties that come overboard like sunk cost, opportunity cost, cannibalization and allocated costs. It tries to predict the future cash flow of a business if it takes on a new project. It helps management determine if a project is worth doing or not.

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Based on the demand and supply curves, the price, and the units bought and sold, the producer surplus would be $18.

This can be calculated as:

= Area of producer surplus

= (Length x Width) + 0.5 x (Base x Height)

Solving gives:

= ( 6 x ( 4 - 2)) + (0.5 x ( 6 x 2))

= 12 + 6

= $18

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Sujin's organizing strategy should be answering all the questions the employees are likely to have in the email, as stated in option A and explained below.

Since employees might end up having doubts and questions about the new work schedule and the salary increase, Sujin should try her best to predict, so to speak, those questions and address them in the email.

By using such an organizing strategy, Sujin will be able to convey the necessary information while avoiding being flooded with responses filled with questions.

With the information above in mind, we can choose option A as the correct answer.

The missing answer choices for this question are the following:

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In preparing a bank reconciliation, the amount of an error indicating the recording of a check in the journal for an amount larger than the amount of the check is added to the balance per the company's records.

The statement is true.

In preparing a bank reconciliation, the amount of an error indicating the recording of a check in the journal for an amount larger than the amount of the check is added to the balance per the company's records because the excess amount would be reduced from the bank balance in the company's records, So the company books are not correct. To make them correct the excess amount should be added back to the balance as per the company's records.

For example, if the check amount was 500 but the company recorded it as $550. Then means that the company records show $50 less compared to the bank statement. Therefore, that $50 is added back and then it comes equal to the bank statement balance.

When a note is written to settle open account an entry that converts the accounts receivable account to a note receivable account is required. This entry is required because when the note is written to settle accounts the company has to receive notes in the future and the amount of the account.

Your question is incomplete. Please read below to find the missing content.

In preparing a bank reconciliation, the amount of an error indicating the recording of a check in the journal for an amount larger than the amount of the check is added to the balance per company's records.

TRUE

FALSE

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Higher incomes

You should target families with higher incomes.

Companies segment the market to determine the target audience, then create marketing plans for each group of customers to tailor the offerings to their needs. Based on research into market sectors with the most potential for the business, the target market is selected. A company could concentrate on multiple demands and choose a primary and secondary objective. In this instance, the business concentrates on targeting families with higher incomes and allocates the majority of its resources to them.

Your target market seems to be a very difficult thing to define. But if you divide the procedure into several parts, you may quickly identify the appropriate market niche.

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Ambiguities in contracts are not always interpreted in favor of the party who wrote the contract, since he or she is the one who knows what the provision is supposed to mean. So this is False

Typos are almost always detrimental to the validity of a contract because they cause the contract to not reflect the true agreement of the parties.

"A contract or a provision in a contract is ambiguous if it is reasonably susceptible to more than one interpretation or construction."

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Business intelligence refers to the process of combining aspects of  reporting, data exploration and ad hoc queries, and sophisticated data modelling and analysis.

What are the five basic tasks of business intelligence?

Business Intelligence. ...

What are the benefits of business intelligence?

Faster analysis, intuitive dashboards.

Increased organizational efficiency.

Data-driven business decisions.

Improved customer experience.

Improved employee satisfaction.

Trusted and governed data.

Increased competitive advantage.

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Business intelligence is the process of combining aspects of reporting, data exploration and ad hoc queries, and sophisticated data modeling and analysis.

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The company is most vulnerable from a communications standpoint, in  public and government relationships.

The company cannot withhold their own business information while giving millions of people access to every other business. Company with strong positive reputations attract better people. They are perceived as providing more value, which often leads them in allowing to charge a premium.

When a company has no real structure it can be vulnerable from a communications stand point because individuals outside that company tend to think that no one within the company is ever on the same page. In return, the company becomes more vulnerable.

Also, a company becomes most vulnerable from a communications standpoint, in public and government relationships. Here the task is to maintain the trust of the public and the government.

Hence, the answer was given and explained above.

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With a reserve ratio of .5, an increase in deposits of $100 will result in an increase in money of $100.

The reserve ratio and the money supply have an inverse relationship.

This implies that when the reserve ratio decreases, the money supply increases, and vice versa.

Reserve ratio = 0.5 or 50%

Deposit = $100

Total money in the banking system = $200 ($100/0.5)

Increase in money supply = $100 ($200 - $100)

Thus, with a reserve ratio of .5, an increase in deposits of $100 will result in an increase in money of $100.

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We must pay $ 11,111,111.11 for a $500,000 growing perpetuity that begins in 1 year.

A perpetuity is an annuity that has no quit, or a movement of coins payments that continues all the time. There are few real perpetuities in lifestyles. for example, the UK government issued them in the past; these have been known as consols and have been all finally redeemed in 2015.

One example of a perpetuity is the United Kingdom's authorities bond referred to as a Consol. Bondholders will acquire annual constant coupons (interest bills) so long as they keep the amount and the authorities do no longer stop the Consol.

Perpetuity is conventionally mentioned in the commercial enterprise international as protection or bond that will pay for an endless quantity of time inside the destiny. To try and apprehend perpetuity, one is first had to understand annuity because perpetuity is a form of annuity that lasts all the time into perpetuity.

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The recognized benefits of a pay-for-performance system includes:

This performance plan refers to a firm programs that is designed to pay the employees based on how well they do at work.

Most often, the companies that use this performance plan have clear guidelines for behaviors or that a certain employee's performance evaluation results that increase pay.

Normally, the Individual performance would take specific goals of a single-person whereas a group would consist of perhaps a department within a company.

The organizational performance goals would consist of a goal for an entire company when it comes to one’s contribution, also, an individual pay for performance incentive is a scenario where you would potentially have the greatest effect on the outcome of the incentive.

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Based on the total cost, total revenue, and pair of shoes, the profit level at every level of running shoe production are:

The profit can be found as:

= Total revenue - Total cost

At first level:

= Total revenue - total cost

= 30 - 7

= $23

At pair 2:

= Total revenue - total cost

= 60 - 9

= $51

At pair 3:

= Total revenue - total cost

= 90 - 10

= $80

At pair 4:

= Total revenue - total cost

= 120 - 11

= $109

At pair 5:

= Total revenue - total cost

= 150 - 13

= $137

The total profit is increasing because the total revenue is increasing significantly yet the total cost is only increasing marginally.

In conclusion, the profit is increasing more because cost is increasing less.

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Most operating decisions of management focus on a narrow range of activity called the relevant range of production. This is further explained below.

Generally, Decisions about daily operations are the kinds of particular business choices that are made by every company on a daily basis. There are millions upon millions of these that have been taken, and thousands upon thousands of distinct varieties. Decisions on how to operate day-to-day activities in a firm are called "operational" and are made by a variety of employees.

In conclusion, The majority of operational choices made by management center on a certain subset of activities, which is referred to as the relevant range of output.

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The  entry to reinstate a specific receivable previously written off would include a: debit to Accounts Receivable.

Uncollectible receivables can be defined as the loan or money that a company cannot collect from a debtor while Accounts Receivable can be defined as the money a company is expected to receive from  a client or vendor for the service rendered to the vendor.

Hence, the appropriate journal entry to reinstate a specific receivable previously written off  would be debit to Accounts Receivable.

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The answer is the fixed position layout.

A fixed-position layout keeps the project in one location and directs employees and equipment to that location. A ship, a highway, a bridge, a home, and an operating table in a hospital operating room are all examples of this sort of project.

Three variables complicate the strategies for addressing the fixed-position arrangement. For starters, almost all sites have restricted space. Second, various materials are required at different phases of a project; hence, different components become crucial as the project progresses. Third, the volume of materials required is variable.

Therefore, the answer is fixed position layout.

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A business that does not need a full-time accountant, would most likely use a public accountant in which services are exchanged for a fee.

An accountant is a professional who is responsible for analyzing and interpreting financial records of an organization. He also keeps the financial records of business or firm that employs him.

The role of an accountant include performing accounting functions such as:

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Option 3. The amount paid for the stock reacquired and currently held in its treasury.

2) Option 6. Credit common stocks $180,000.

2) Option 8. Debit cash $660,000.

Solution 1:

Treasury Stock represents "the amount paid for stock reacquired and currently held in Treasury".

Hence the third option is correct.

Solution 2:

Price of share = (Common stock + paid-in capital in excess of par) / Number of shares issued.

= ($100,000 + $460,000) / 50000

= $11.2 per share.

Solution 3:

Journal entry will be:

Debit Cash......................$660,000

Credit Common stock....................................$180,000

Credit Paid in capital in excess of par...........$480,000

Hence third, sixth and last options are correct.

Treasury stock is often a form of reserved stock set aside to raise funds or pay for future investments. Companies may use treasury stock to pay for investment or acquisition of competing businesses.

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After adjusting and closing entries have been posted the ledgers closing balance are transferred to the post closing trial balance.

The post-closing trial balance is that report which lists all the accounts of a company and their balances after making all the adjustments and closing entries into the ledgers.

In the accounting system, there are two other trial balances that are prepared. The first which is  simply known as the trial balance. Trial balance lists all the accounts that a company has and their balances are. The other is adjusted trial balance . It is a list of all the company accounts and their balances after any adjustments have been made into them. whereas the post-closing trial balance shows only the final balance in company accounts for the current accounting period, which are generally the exact same balances which the accounts have in the starting of the next accounting period.

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Based on the costs of acquisition of Walmart by Amazon, the total transaction costs would come to B. $22,002.

Equity financing cost:

= 5.5% x 241,350.75

= $13,274.29

Debt financing cost:

= 1.5% x 241,350.75

= $3,260.26

Other transaction costs:

= $3,000

Target debt redemption premium:

= 70,242 x 3%

= $2,107.26

The total transaction costs are:

= 13,274.29 + 3,260.26 + 3,000 + 2,107.26

= $22,002

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Answer:

because small business have compitator

Consolidated net income is the sum of the parent company's and its subsidiaries income, less the total unrealized income of the business.

The consolidated income statement shows post-acquisition net income. When the subsidiary is not entirely controlled, the consolidated net income is split into two parts: controlling interest and non-controlling interest.

Three key adjustments determine consolidated net income. First is excess amortization due to the difference between the subsidiary's fair value of net assets and their book values upon purchase.

Second, any subsidiary investment income recognized in the parent's financial statements using the cost method (fair value method) or equity method must be removed. The third adjustment excludes inter-company inventory sale unrealized income.

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(E) A shift from straight-line to MACRS depreciation would increase the NPV of a project.

NVP of a project:

As it is given in the description itself, a switch from straight-line to MACRS depreciation would boost a project's NPV.

Therefore, (E) a shift from straight-line to MACRS depreciation would increase the NPV of a project.

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The question you are looking for is given here:

Other things held constant, which of the following would increase the NPV of a project being considered?

a. Making the initial investment in the first year rather than spreading it over the first three years.

b. The project would decrease sales of another product line.

c. An increase in required net operating working capital.

d. An increase in the discount rate associated with the project.

e. A shift from straight-line to MACRS depreciation.

Relative link can be inserted.

A relative link thinks that the page to which you're connected is the website and folder to which you've posted the web page. This link is under the same website URL and folder (Articles) as this page, thus we only refer to it by this link. There are two advantages of using relative references versus absolute references.

A Relative Reference is a partial http address that is a portion of a whole directory path. Remember that if no server name or path is supplied in html, the file reference will default to the current directory.

Therefore the answer is relative link.

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