It is true to the claim that a company may use LIFO or weighted average for financial reporting even the needed goods flow physically via FIFO means.
What are LIFO and Weighted Average?The weighted average approach, which is primarily used to allocate the average cost of production to a certain product, is most usually used when inventory items are so interconnected that assigning a precise cost to an individual unit becomes problematic.
The first-in, first-out (FIFO) approach depends on a cost flow assumption that eliminates expenses from the inventory account.
The Last in, first-out (LIFO) accounting presupposes that the most recently purchased products are the first to be sold.
However, it is true to the claim that a company may use LIFO or weighted average for financial reporting even the needed goods flow physically via FIFO means.
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According to the segment, which of the following is NOT a way to plan and prepare
for an assignment?
Brainstorming
Strengthening
Editing
Structuring
From the following ways to organize and get ready for an assignment is not the section Editing Option (C) is hence the appropriate response.
A legal phrase, "assignment," is employed in the context of contract and property law. A person, known as the assignor, transfers rights or advantages to another, known as the assignee, through the assignment procedure in both situations.
Without the express consent of the assignee, a responsibility, burden, or disadvantage may not be transferred during an assignment. The benefit or right being transferred may be a gift (such as a waiver) or it may be exchanged for a monetary payment under a contract.
The rights could be contingent or vested and could even include an equitable organize stake.
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how do you develop an effective content distribution strategy select one distribution channel, run tests for new marekting channels
We can develop an effective content distribution strategy through development of distribution channel.
What is a distribution channel?A distribution channel refers to a ain of intermediaries from which good are able to reach the final buyer.
However, the process of developing an effective content distribution strategy is through development of distribution channel.
Therefore, the Option A is correct.
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How long after the irs accepts your return will it be approved?.
Answer:
When you receive confirmation that the IRS accepted your return, it means that they have reviewed your return, and it has passed their initial inspection. They verify your personal information and other basic items, like if your dependents have already been claimed by someone else.
Explanation:
A raise in the price of a product
(1) Causes firms to decrease production.
(2) Causes a decrease in supply.
(3) Increases competition.
(4) Decreases competition.
Timeturner corp. Is a company based in the united states that manufactures luxury wrist watches. By western standards, if the company uses sweatshop labor to make these watches, it is most likely to be considered:.
The action that's illustrated by the company by using sweatshop labor to make these watches us unethical.
What is ethics?It should be noted that ethics simply means the act of knowing right from wrong.
Ethics is important in business to portray a good image. In this case, the company uses sweatshop labor to make these watches, it is most likely to be considered unethical. This is bad for the image of the company.
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I need help with this last question can someone please help
Answer:
hope it helps
Explanation:
b. name of the benificiars/ insured
Which of the five satisfaction facets is most likely to be viewed as undesirable by an employee?.
The promotion satisfaction is the faucet that the employee may find to be undesirable.
Why the promotion satisfaction is undesirableThis may be undesirable by an employee due to the fact that with more promotions, there would be the need for more work.
Apart from this fact the promotion may also cause the responsibility on the employee to be raised with more work hours.
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________ is the degree to which an innovation fits the values and experiences of potential consumers.
Answer:
Compatibility is the degree to which an innovation fits the values and experiences of potential customers.
The degree to which an innovation is compatible with the existing values, past experiences, and needs of potential adopters is referred to as compatibility.
Compatibility is the degree to which an innovation fits the values and experiences of potential consumers.
Is the degree to which a new innovation fits with the values of potential customers?The degree to which an innovation is compatible with the existing values, past experiences, and needs of potential adopters is referred to as compatibility.Divisibility. The extent to which the innovation can be tested on a limited scale.Observability. The degree to which the outcomes or benefits of implementing an innovation are visible to potential adopters is referred to as observability.The degree to which an innovation fits the values and experiences of potential consumers is referred to as compatibility. It is one of the product characteristics that influence the adoption rate because consumers will only gradually begin to adopt a product if it is incompatible with their mindset.To learn more about : compatibility.
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The Work in Process Inventory account is found only in the ledgers of manufacturing companies. True False
It is false that Work in Process Inventory account is found only in the ledgers of manufacturing companies.
What is work in process?Work in process refers to goods that are still being manufactured-not yet completed goods. This means that the goods are not yet fully produced but still at the stage of production.
Work in process comprises all inventory ranging from the beginning stage between raw materials inventory to be used and final products.
Hence, It is false that Work in Process Inventory account is found only in the ledgers of manufacturing companies.
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A high degrees of class consciousness in societies can be disruptive within industries, which can often lead to
It should be noted that high degrees of class consciousness in societies can be disruptive within industries, which can often lead to an increase in the costs of production.
What is class consciousness?Class consciousness can be regarded as the segregation in the society, it is the placing of individuals to different class.
However, this can often lead to an increase in the costs of production because of segregation.
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How is the housing industry related to the economy? If the economy is doing well, what types of homes are being constructed and purchased? What if the economy is doing badly? Other than housing, what additional industries might the economy impact?
The housing industry have important relation with the economy because its prices can impact residential investment and thus, affect the economic growth.
What is housing industry?An housing industry is an industry that encompasses building of housing. construction, engaging in commercial housing activities etc.
Generally, when an economy is doing well, it will be favorable to build house of high value as its gives higher confidence in the industry and economy,
Also, the additional industries that impact an economy includes Healthcare, Technology, Retail, Manufacturing industry etc
In conclusion, the housing industry have important relation with the economy because its prices can impact residential investment and thus, affect the economic growth.
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High debt ratios that exceed the industry average may make it costly for a firm to borrow additional funds without first raising more equity . The times interest earned ratio measures the extent to which -Select- income can decline before the firm is unable to meet its annual -Select- payments. Its equation is:
The times interest earned ratio measures the extent to which operating income can decline before the firm is unable to meet its annual interest payments.
What is the times interest earned ratio?The ratio is a financial tools used to measure the company's ability to meet its debt obligations based on its current income.
The formula for deriving the times interest earned ratio is operating income divided by interest expense.
Therefore, the word is "Operating" and "Interest" is correct.
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Texas star oil won the bid to build an oil facility for a host country government. However, the execution of the contract has been delayed due to bureaucratic procedures in the less-developed nation. In order to legally overcome this problem, texas star oil could resort to the payment of:.
The Texas star oil could have to resort to the payment of speed money in order to legally overcome the problem.
What is a speed money?A speed money refers to a money paid to speed up some tasks or operations that are been delayed intentionally by someone or some company.
Because of the pending bureaucratic procedures which made the execution of the contract to be delayed, the option of Speed money is most viable option for Texas Star oil.
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Why is it a good idea to shop at the same two or three stores from week to week?
Answer:
It is good to shop at the same shop 2-3 times a week so the business can build a Business 2 Customer relationship, and also to gain points and rewards when you go and come back to the shop to entice you into coming and recommending to a friend.
Explanation:
True or false: An unchanging marketing communication program is critical to the success of every company. True false question. True False
Answer:
false
Explanation:
you keep changing to what the people want because that t what the will buy new ideas because someone else will.
General Motors got in trouble with one of its suppliers of trim because: a. It increased volumes so much that the supplier was no longer profitable b. It allowed its supplier to become too dependent upon it c. The supplier filed bankruptcy and ceased operations d. All of the above e. Only b and c
The reason General Motors got into trouble with a supplier was that a. It increased volumes so much that the supplier was no longer profitable.
What did General Motors do?In order to gain more customers, General Motors began demanding more trim in its vehicles.
Trim, which refers to including a lot of features in a car to make it more attractive, can be expensive to make. When General Motors made the supplier produce a lot of it, the supplier stopped making profit.
In conclusion, option A is correct.
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a telephone cost $250. the sales tax is 7.5 . what was the cost of the telephone including sales tax
Answer:
268.75
Explanation: The sales tax should be 18.75
Why is it important to promote and advertise any products that will go on the market?:
Answer:
It's important because it can drive business growth. Advertising works to amplify your small business marketing and helps you reach the right audience with positive, targeted messaging that converts potential customers into paying customers.
Which type of employee fraud is the most frequent? Question 48 options: A) Billing B) Expense reimbursement C) Skimming D) Non-cash E) Payroll
The type of employee fraud that is most frequent is Expense reimbursement fraud.
What leads to Expense reimbursement fraud?This refers to fraud or misappropriation that occurs when an employee overstates the amount of cash required to execute a business activity or that they have spent in executing an assignment for the company/ business.
Examples of business expense reimbursements are:
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Managing a small business became relatively easy with the advent of inexpensive personal computers. Inexpensive computer systems and off-the-shelf or even free, open-source software make it easy for the small business manager to:
Inexpensive computer systems and off-the-shelf software make managing small businesses easier by easily tracking daily sales and expenses and managing customer records.
Organizational automationIntelligent information systems help the management of an organization by processing a large amount of data and transforming it into relevant information.
The information provided by software helps in faster and more reliable decision making, allowing for increased productivity, quality and providing continuous improvement in all processes.
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Marie contracts to buy coffee beans for her store from Owen. The contract price is $5.00 per pound. Owen breaches the contract and delivers no coffee. Marie'sdamages will be:
Answer:
d. the difference between the market price of
the coffee and the contract price.
Explanation:
Damages can be described as the loss caused
by a breach of a contract. They are measured
and expressed in monetary units. Damages
arise because one person in a contract has
not fulfilled their obligation. As a resut, the
innocent party suffers losses or injury.
Damage compensation should take an injured
party to where they should have been if the
contract was not breached. For Marie, If the
contract was not breached, she would have
bought the coffee at $5 per pound. Her
damages would be the difference between thne
price she eventually paid for the coffee, and
the contract price of $5.
Blissful Blankets' target profit is $520,000. Each blanket has a contribution margin of $21. Fixed costs are $320,000. The number of blankets that must be sold to achieve the target profit is ______. Multiple choice question.
The number of blankets that must be sold to achieve the target profit is 40,000 blanket.
What is a target profit?
A target profit refers to a preset goals of achieving a certain level of profit in particular year
Number of blankets to sold = ($520,000 + $320,000) / $21
Number of blankets to sold = 40,000 blanket
In conclusion, the number of blankets that must be sold to achieve the target profit is 40,000 blanket.
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Stacey is writing up rules for how to answer the phone at the new office. These rules are given
to anyone on the team who will be answering the phone. Which of Fayol's five functions does
this fulfill?
Because there are writing rules for how to answer the phone at the new office, these rule does fulfill the function of Command because enforce the staff to answer call in a certain way.
What are Henry Fayol's 5 function?The function of management established by Henry Fayol's includes Planning, Organizing, Command, Coordination and Control.
Hence, since there are writing rules for how to answer the phone at the new office, these rule does fulfill the function of Command because enforce the staff to answer call in a certain way.
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During the need-fulfillment stage of the trust-based relationship selling presentation format, _____.
The salesperson should speak more during the need-fulfillment stage of the sales presentation format based on the trusted relationship.
What is the need-fulfillment stage?It is the last step of the sales process, where the seller will demonstrate, through technical explanation and demonstration of use, the benefits of the product and how they will satisfy the buyer's need.
Therefore, it is at need-fulfillment stage that the salesperson must use the relationship of trust with the customer to generate persuasion and make the sale.
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In business strategy, ___________ strategy centers on how a firm will compete in a given industry and will position itself against its competitors.Group of answer choices FunctionalDivisional Corporate Business-unit
It should be noted that business strategy, Functional strategycenters on how a firm will compete.
What is Functional strategy?This is the strategy used by business to be able to compete in a highly compitive environment.
Therefore, it is required by company
in a given industry to position itself against its competitors.
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Golden Gate Hair Company keeps track of the gender and age of its customers so it can target emails to them and be sure to have the right hair products in stock when they visit. This is an example of the use of ________ in marketing.
When the Hair company keeps track of the gender and age of its customers, its intends to use the demographics in marketing.
What is demographics?A demographics means the study of a population based on age, race, s.ex, education, income, employment etc
The element of demographics are important because its helps to understand the characteristics of the target population.
In conclusion, when Hair company keeps track of the gender and age of its customers, its intends to use the demographics in marketing.
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What is opportunity cost? and why does it matter when it comes to personal finances?
Answer:
represent the potential benefits an individual, investor, or business misses out on when choosing one alternative over another.
Explanation:
Opportunity costs represent the potential benefits an individual, investor, or business misses out on when choosing one alternative over another. Because opportunity costs are, by definition, unseen, they can be easily overlooked.
The expenses involved in going into business, such as buying a space and purchasing equipment, are examples of
a.
marketing funds
b. start-up costs
financial plans
d. operating expenses
C.
Please select the best answer from the choices provided
A
ОВ
Оооо,
0 0
D
Having the resources, information, and attitudes that allow you to take action to achieve a desired goal is called __________. a. organization b. self-confidence c. empowerment d. an action plan
Answer:
b. pa brainliest po plss
What is the term for forecasts used for making day-to-day decisions about meeting demand?.