If the implementation costs greatly exceed the expected cost, the firm may have not done an appropriate job assessing the B. Cost Risk.
What is the cost risk?The cost risk arises when the actual costs incurred for a project exceeds the budgeted costs.
Cost risk may arise from:
Administration CostsMitigation CostsRisk Control CostsTransfer CostsLosses.Answer Options:A. Financial Risk.
B. Cost Risk.
C. Implementation Risk.
D. Technological Risk.
Thus, if the implementation costs greatly exceed the expected cost, the firm may have not done an appropriate job assessing the B. Cost Risk.
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Information for two alternative projects involving machinery investments follows: Project 1 Project 2 Initial investment $ (123,000) $ (93,000) Salvage value 0 13,000 Annual income 14,145 12,720 a. Compute accounting rate of return for each project. b. Based on accounting rate of return, which project is preferred
The accounting rate of return for project 1 is 23%.
The accounting rate of return for project 2 is 32%.
Based on accounting rate of return, the preferred project is project 2.
What is the accounting rate of return for each project?The accounting rate of return is a capital budgeting method used to determine if a firm should invest in a project or should not invest in a project.
Accounting rate of return = Average net income / Average book value
Average book value = (cost of equipment - salvage value) / 2
Accounting rate of return for project 1 = 14,145 / [123,000 / 2] = 0.23 = 23%
Accounting rate of return for project 2 = 12,720 / [(93,000 - 13,000) / 2] = 0.32 = 32%
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True or false: A Balanced Scorecard framework allows companies to asses the value of IT investments in terms of contribution to strategic objectives
A Balanced Scorecard framework allows companies to assess the value of IT investments in terms of contribution to strategic objectives, is the true statement.
What is a balanced scorecard?The balanced scorecard is a strategic planning and performance management system that records financial and non-financial variables to determine the effectiveness of a business and when corrective action is required.
Companies can use a Balanced Scorecard framework to evaluate the value of IT investments in terms of their contribution to strategic goals.
This is because the scorecards provide management with valuable insight into their firm's service and quality in addition to its financial track record.
Therefore, the given statement is true.
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All of the following are potential benefits of innovation EXCEPT: Group of answer choices improved quality (attributes) of existing products. new products that better satisfy customer needs. reduced costs of making products that customers want. certainty concerning demand for new product
The potential benefit of innovation is the improved quality (attributes) of existing products. The correct option is A.
What is innovation?Innovation is introducing new things and ideas.
The advantages of innovation are:
High relative advantageTrialabilityobservability CompatibilityLow complexityThus, the correct option is A, improved quality (attributes) of existing products.
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Athletics Corp., a sports shoe manufacturer, launches a new line of sports shoes. To promote the product, Athletics Corp. invites its customers to try on the shoes for a period of one week and get a feel of its features. This is an example of _______.
The promotion of sports shoes by the Athletics Corporation where they invite customers to utilize the shoes for a week and then decide whether to buy them or not is an example of experiential marketing.
What is marketing?Marketing is the process where a company promotes its goods or services in order to get potential customers. It can be done on an online basis by telecasting the advertisements on television or offline basis by creating pamphlets or hoardings on the roadside.
Experiential marketing is a type of marketing strategy where the customer purchases the product as per their own experiences. It is the most commonly used marketing strategy nowadays by the online shopping websites where they usually offer the first-month service to be absolutely free for the customers.
In the provided case, the Athletics Corporation provides one week's time to the customers to try on the sports shoes and then make a choice whether to keep those shoes or not.
Therefore, the weekly time period allowed by Athletics Company to their customers regarding usage of sports shoes is a kind of experiential marketing strategy.
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Attracting and retaining employees with the skills, abilities, and experience to help an organization achieve its goals is a key component of a _____ management system.
Attracting and retaining employees with the skills, abilities, and experience is a key component of a human resource management system.
What is human resource management system?Human resource management system has to do with carrying out specific function such as effectively managing everything that has to do with human resource.
Human resource management system is important for companies as it enables them to choose employees that has the best skills and experience to move the company forward so as to enable the company achieve their goals.
Therefore attracting and retaining employees is a key component of a human resource management system.
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In the context of the compensation of expatriate managers, a compensation system designed to match the purchasing power in a person's home country is called _____.
Answer:
The balance sheet approach.
The monetary rule is the view of the: a.Monetarists that the Fed should expand the money supply at a constant rate. b.Monetarists that monetary policy is most important. c.Classical economists that monetary policy is most important. d.Keynesians that monetary policy is most important. g
The monetary rule is the view of the Monetarists that the Fed should expand the money supply at a constant rate.
What is Monetary rule?
The monetary rule states that there has to be constant monetary growth. Friedman, who died in 2006, proposed a monetary policy stating, stating that the Fed should be required to regulate inflation rate to match the rate of real GDP growth, leaving inflation unchanged.
Monetarism is a macroeconomic theory that governments can promote economic stability by targeting inflation.
In fact, a collection of ideas based on the belief that the total amount of money in the economy is the key to economic growth.
Thus, The monetary rule is the view of the Monetarists that the Fed should expand the money supply at a constant rate.
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Including positive personal qualities on your résumé can help compensate for lack of paid work experience. please select the best answer from the choices provided t f
Including positive personal qualities on your résumé can help compensate for lack of paid work experience.
What is a Resume?Resume serves as a document that include your relevant work history as well as skills according to the job you are applying for.
Therefore Including positive personal qualities on your résumé can help to give upper hand in job applications.
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A marketplace extended beyond traditional boundaries and removed from a temporal and geographic location is called a(n):
A marketplace extended beyond traditional boundaries and removed from a temporal and geographic location is called a marketspace.
What is a marketspace?A marketspace is a digital exchange environment. A digital exchange environment is common now due to a number of available technology.
Most everyone is always connected to the internet or their smart phones, enabling much digital exchange. It is a virtual market place in the commercial world, where the limitations of physical boundaries are not known.
Hence, a marketplace extended beyond traditional boundaries and removed from a temporal and geographic location is called a marketspace.
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A 10-year, 8% bond pays semi-annual coupon payments. If the face value is $1,000 but the bond sells for $940, what is the annualized yield on the bond?.
The annualized yield on the bond that pays a semi-annual coupon, given its face value and the selling price is 4.46%.
What is the annualized yield on the bond?The yield of a bond is the return that equates the cost o the bond to its coupon payments and face value.
The yield of a bond can be determined using a financial calculator:
Cash flow in year 0 = -940 Cash flow each year from year 1 to 20 = 40Cash flow in year 20 = 1000Yield = 4.46%
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Examples of organizational ____ assets include policies and procedures, guidelines, information systems, financial systems, management systems, lessons learned, and historical information.
Examples of organizational process assets include policies and procedures, guidelines, information systems, financial systems, management systems, lessons learned, and historical information.
XYZ Co. is currently using 85% of a facility, costing $520,000 per year; A start-up business has proposed to utilize the other 15% and increase the overall costs by 12%. Under stand-alone method, how much would be allocated to the start-up
Under stand-alone method, the amount that would be allocated to the start-up is $87,360.
Amount allocatedUsingn this formula
Amount allocated =Costing per year × (1+ Increase in overall cost percentage)× Utilized percentage
Where:
Costing per year=$520,000
Increase in overall cost percentage=12%
Utilized percentage=15%
Let plug in the formula
Amount allocated= $520,000 x (1+.12) x 0.15
Amount allocated= $520,000 x 1.12 x 0.15
Amount allocated = $87,360
Therefore the amount that would be allocated to the start-up is $87,360.
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Which of the following types of work do human services workers conduct?
A. They deliver services to people who need them.
B. They observe and analyze computer informational technology systems.
C. They conduct research for disease prevention.
D. They study the travel habits and patterns of tourists.
The type of work that human services workers conduct is A. They deliver services to people who need them.
What is human services?It should be noted that human services refers to the services that are given to people such as teaching, barbing, etc.
In this case, the type of work that human services workers conduct is that they deliver services to people who need them.
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In noting that he had "yet to engage in a direct-action campaign that was ‘well timed,’" martin luther king, jr. , was most likely arguing against:.
Martin Luther King, Jr. was argued that African-Americans should be more patient and that civil rights should not be for all.
Who is Martin Luther King Jr?Martin Luther King Jr can be regared as an American Baptist minister as well as
activist who was the civil rights movement leader in 1955 .
Therefore, he stressed that African-Americans should be more patient and that civil rights should not be for all.
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The capital investment evaluation method that subtracts the initial investment from the discounted future net cash flows from the investment at the required rate of return is the:
Answer: net present value
Explanation:
Transaction Processing Systems (TPS) can make decisions using predetermined rules and processes. This is an example of a(n) _________ decision of a(n) ____________ control.
TPS can make decisions based on pre-defined rules and processes. This is an example of an operational control's structured decision.
What is Transaction Processing Systems?Transaction processing system is also denoted as TPS. It is a method of computing that breaks down work into discrete, indivisible activities known as transactions.
A transaction processing system is a software or may be hardware combination that facilitates transaction processing.
Therefore, the TPS is an example of a structured decision of an operational control.
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Suppose that a government decided to collect all of its revenue through a tax on tap water. Explain why this tax would or would not be fair.
Collecting revenue through a tax on tap water would not be fair because it is not based on the ability to pay.
What is tax fairness?Tax fairness can be described as a principle that states that a government's tax system should be equitable to all taxpayers.
Tax fairness advocates think that taxes should be based on the ability to pay of taxpayers.
The concept of ability to pay assumes that people with varying levels of wealth or income should pay varying levels of taxes.
Since collecting revenue through a tax on tap water is not based on the ability to pay, this tax would therefore not be fair.
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Now, use your paragraph to inform frankie about his options. in this paragraph, describe the economic concepts that you used to create your outline. explain in greater detail how each of these concepts will help frankie to make a decision to buy or not to buy a new pair of shoes.
Answer:
Explanation:
Sample response: Frankie should consider several strategies before buying a new pair of shoes. First, he should think about whether these shoes are a need or a want. Next, he should consider opportunity cost. If he buys the shoes, how else could he have spent that money? Could he have made better use of his resources? Finally, he must consider the issue of setting goals. He must identify whether this is a goal to accomplish now or in the future.
In a standard cost system, costs are assigned to all of the following, except for: a.fixed overhead. b.direct materials. c.direct labor. d.variable overhead. e.None of these choices are correct.
In a standard cost system, costs are assigned to fixed overheads, direct materials, direct labor, and variable overhead.
What do you mean by Standard costing?Standard costing refers to the practice of creating the estimates or standard costs for all the activities of a company.
The main reason for using standard costs is that there are many applications where it is considered very time-consuming to collect the actual costs so standard costs can be used as a close approximation to actual costs.
Therefore, E is the correct option.
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occurs when employees at the acquired company willingly embrace the cultural values of the acquiring organization. Group of answer choices Deculturation Assimilation Separation Integration Negotiation
When employees at the acquired company willingly embrace the cultural values of the acquiring organization, it is known as assimilation.
What is assimilation?Assimilation is the process by which employees at a company that is being acquired embraces the culutural values of the company that is acquring them.
Cultural values differ among organisations. Thus, it is necessary for employee at the acquired company to embrace the change in order to ensure smooth running of the firm.
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The step in which a salesperson meets the customer for the first time is the __________ step of the creative selling process.
The step in which a salesperson meets the customer for the first time is the approach step of the creative selling process.
Who is a saleperson?A salesperson can be defined as the person whose sole reponsibilities is to market and sell a company product to potentials customers or buyers.
When a sales person meet a customer for the first time, the sales person need to first approach the customers before marketing a product to the customer.
Therefore the step in which a salesperson meets the customer for the first time is the approach step.
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Even though president reagan campaigned on his plans to cut the size of government, government spending during his administration: fell only a little. went up slightly. doubled. fell dramatically.
Answer:
Doubled
Explanation:
for real
Kitchen Stories is all about baking and healthy cooking. It is a new cooking app that offers a world of recipes. With easy-to-follow photo-instructed guidelines, one can watch endless recipe options and receive cooking tips. Kitchen Stories uses pioneer advertising because _______.
Kitchen Stories uses pioneer advertising because: it offers consumers in-depth information about the benefits of the product class.
What is pioneer advertising?Pioneer advertising can be defined as the way of creating awareness about a new product.
Pioneer advertising provide detailed information that a person need to know about a product as it help to educate customers about what a product entails.
Thefrefore it offers consumers in-depth information about the benefits of the product class.
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Before starting the training program you assess your crew leaders to identify their current leadership style. Most of them are found to focus strongly on production but very little on the employees. According to the leadership grid, what leadership style is this
Answer:leaderleadership inpire
Explanation:leadership inspire others to achieve the goal
Managerial accountants:
a. create the company’s financial statements that are submitted to government agencies such as the Internal Revenue Service.
b. negotiate contracts with suppliers
c. create financial reports and provide other types of accounting information to investors.
d. provide managers within the organization with reports to make good business decisions.
Managerial accountants provide managers within the organization with reports to make good business decisions.
Who are Managerial accountants?They are account managers, they help a company to manage the financial account and hep to make decisions based on the trend on the account.
They also hep perform various task that is associated with the account.
Therefore, Managerial accountants provide managers within the organization with reports to make good business decisions.
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Reflect on the role of China throughout history in the global economy. Given China's influence today, what does your
economic future look like? What can be done about it?
China plays a major role in the global economy and without China's involvement in the global markets, other countries will have a tough time. Our future growth is associated with these global economies.
What is China's role in the global economy?Today, China is the second-largest economy in the world and produces 9.3 percent of global GDP.
China's exports grew by 16 percent annually from 1979 to 2009. At the beginning of that period, China's exports represented only 0.8 percent of global exports and seamless services.
Thus, China plays a major role in the global economy and we can try to be self-reliant and also have healthy business relations with for better business opportunities and growth.
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true or false Premium on Bonds Payable is an adjunct asset account with a normal debit balance.
The statement is false in Premium on Bonds Payable is an adjunct asset account with a normal debit balance because the Bonds is not payable with normal debit balance.
What is normal debit balance?The debit balance is the amount of money that must be in the customer's account after a security purchase order is executed in order for the transaction to be properly settled.
Thus, the statement is false
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The general rule for using the weighted average cost of capital (WACC) in capital budgeting decisions is to accept all projects with Multiple Choice rates of return greater than or equal to the WACC. rates of return less than the WACC. rates of return equal to or less than the WACC. positive rates of return.
The general rule is accepting all projects whose rates of return is greater than or equal to the WACC for a capital budgeting decisions
What is a weighted average cost of capital?
This means the rate that a firm is expected to pay on average to all its security holders to finance its assets.
Because the weighted average cost of capital represent the firm's opportunity cost, then, it is used by people to evaluate investment opportunities.
Therefore, the Option A is correct.
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A firm is expected to pay a dividend of $2.00 next year and $2.14 the following year. Financial analysts believe the stock will be at their target price of $65.00 in two years. Compute the value of this stock with a required return of 8 percent. Select one:
Based on the dividends and the target price set by financial analysts, the value of the stock will be $57.40.
What is the value of the stock?This can be found as:
= Present value of first dividend + Present value of second dividend + Present value of stock price in 2 years
Solving gives:
= 2 / 1.10 + 2.14/1.10² + 65/1.10²
= $57.40
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Bliss County Zoning Commission pursuant to its written rules and regulations demands that Commercial Development, Inc., the private developer of Discount Stores, allocate space for parking and take other measures to manage traffic. This is
This is "Administrative law" as Commercial Development, Inc. must comply with the County Zoning Commission's established rules and regulations.
What is administrative law?Public administrative is taken in the form of legal framework is known as the Administrative law.
It stems from the necessity to establish and build a legalized system of public administration, which can be related to the far older concept of legalized justice.
Thus, the statement is about Administrative law.
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