________ is the definition of what is included - and what is not included - in a Six Sigma Process Improvement Project.
Select one:
a. Scope Creep
b. Scope
c. Problem Statement
d. Project Statement
Answers
The definition of what is included - and what is not included - in a Six Sigma Process Improvement Project is represented by: b. Scope
What is meant by scope?
Scope refers to the definition of what is included and what is not included in a Six Sigma Process Improvement Project. It defines the boundaries and limitations of the project, outlining the specific goals, objectives, deliverables, and constraints. It sets the framework for the project and helps ensure that the project team and stakeholders have a clear understanding of what will be addressed within the project and what will not.
Scope is an essential element of project management and process improvement methodologies like Six Sigma, as it helps prevent scope creep, which is the tendency for the project scope to expand beyond its original boundaries during the course of the project. Scope creep can lead to project delays, increased costs, and decreased project success.
Having a clearly defined scope is critical for the success of any Six Sigma Process Improvement Project as it helps ensure that the project remains focused, achievable, and aligned with the overall goals and objectives of the organization.
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Related Questions
What is the sum of 325 divided by 25
Answers
Answer:
13
Explanation:
What type of accounting is more rules-based?
Answers
GAAP
Explanation:
That would be the Generally Accepted Accounting Principles (GAAP) system which is rules based.
Alternatively:
The International Financial Reporting Standards. (IFRS) on the otherhand would be the one thats principles based.
Why does the US import oil?
A.because it has exported too much oil
B.because it does not produce any oil
C.because it does not produce enough oil
D.because it has exported too little oil
Answers
Answer:
C. because it does not produce enough oil.
Explanation:
Although, the United States is one of the leading producers of oil, yet still import oil because it does not produce enough oil to meet the demand of its citizens. In other words, the United States consumes more than what she can produce.
Another reason is that most refineries in the United State are created basically for heavy crude whereas most of what she produce are light crude oil. The United States import the oil she is able to process while she export to other countries to complete the setup process.
The remedy to the above situation is when new refineries are built which are somewhat expensive or the existing refineries are upgraded to meet with the demand.
Answer:
D. Because it does not produce enough oil.
edg 2020.
does each of the following government activities promote competition or limit monopoly power by regulating markets? place each in the correct category. items (5 items) (drag and drop into the appropriate area below) limiting content on public airwavesdirecting local cable companies to reduce internet fees for rural consumerspreventing the merger of two pharmaceutical companiesbreaking up standard oil into smaller companiesforcing a municipal water company to limit rate increases categories regulating markets drag and drop here promoting competition
Answers
Regulating markets refers to the government's efforts to oversee and enforce rules, laws, and policies that promote fair competition and prevent monopolies from gaining excessive market power. The goal of market regulation is to ensure that markets are functioning in a way that benefits consumers, promotes innovation, and allows for a level playing field for businesses of all sizes.
Regulating markets can take many forms, including enforcing antitrust laws to prevent monopolies, setting standards for product safety and quality, establishing price controls, overseeing the exchange of goods and services, and protecting consumer rights.
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Full Question: Does each of the following government activities promote competition or limit monopoly power by regulating markets? Place each in the correct category.Items (5 items) (drag and drop into the appropriate area below):
Limiting content on public airwavesDirecting local cable companies to reduce internet fees for rural consumersPreventing the merger of two pharmaceutical companiesBreaking up Standard Oil into smaller companiesForcing a municipal water company to limit rate increasesCategories:
Regulating marketsPromoting competitionThe Pirates of Penzance Company delivers goods to various areas around the world. The company has a great reputation for being prompt on its deliveries. Blackbeard is the owner of the company. Davy Jones works for Blackbeard as an underpaid sailor. Davy knew that Blackbeard loved to read while they were transporting their deliveries and that his favorite book was The Adventures of Huckleberry Finn. Davy gave Blackbeard a valuable first edition of Twain's work hoping that Blackbeard would give him a raise in pay. A day later, Blackbeard promised to give Davy a pay raise of 18% because he was very pleased with the book. The following week when Davy received his check, he noticed that the raise was missing and he asked Blackbeard for the money. Blackbeard refused to give him his raise and Davy filed suit. Decide the outcome.
Answers
The outcome here is that the court would make blackbeard to give the pay raise that he promised to Davy.
The breach of promise.Davy may decide to sue because there has been a breach here. He may decide to sue under the proprietary estoppel.
He already met with what was required of him by providing the book to Blackbeard. It was Blackbeard that was unable tyo meet up with his own part.
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Find an article dealing with an opinion poll on a local, state ,or national issue. Write a paragraph summary of when and how the poll was conducted, and what the results indicated.
Answers
According to a CNN poll conducted in early February 2021, 69% of Americans approve of President Joe Biden's handling of the COVID-19 pandemic. The poll was conducted by SSRS, a research firm that specializes in survey research. The poll surveyed 1,004 adults across the United States and had a margin of error of plus or minus 3.7 percentage points. The poll also found that 60% of Americans believe that the worst of the pandemic is yet to come, despite the country's recent progress in vaccine distribution. Additionally, 93% of respondents said they have worn a mask in public in the past week, a sharp increase from similar polls conducted last year. The poll's results indicate that the majority of Americans are supportive of the current administration's efforts to combat the ongoing pandemic
Auntie Em and Uncle Henry have a farm in Kansas that sits next to a small stream. There also are some small areas of wetlands on the farm.
A) In preparing to build new chicken coop (the earlier one having been destroyed in a tornado), Auntie Em and Uncle Henry filled in an area of wetlands on the farm without a permit. Have they violated the law? What penalties might they face?
B) Elvira Gulch, the local administrator for the U.S. Environmental Protection Agency, is concerned about the runoff from the farm (including the new chicken coop with its resulting chicken poop) into the stream. She has declared the stream to be part of the navigable waters of the United States and thus subject to the provisions of, among other statutes, the U.S. Clean Water Act. Ms. Gulch also has ordered Auntie Em and Uncle Henry to undertake an expensive cleanup of the stream. Please explain if the EPA has jurisdiction over the farm runoff and if Ms. Gulch can require Auntie Em and Uncle Henry to clean up the stream.
Answers
A) Auntie Em and Uncle Henry have violated the law by filling in an area of wetlands without a permit. They may face penalties such as fines, restoration requirements, and even criminal charges.
B) The EPA does have jurisdiction over the farm runoff and can require Auntie Em and Uncle Henry to clean up the stream. The Clean Water Act regulates discharges of pollutants into navigable waters, which are defined to include streams and wetlands that have a significant nexus to navigable waters.
In this scenario, the stream on Auntie Em and Uncle Henry's farm is adjacent to wetlands and is likely connected to other navigable waters, such as a river or lake. Therefore, the stream falls under the jurisdiction of the CWA, and the EPA has the authority to regulate discharges of pollutants into the stream.
The EPA can require landowners to undertake cleanup actions if their activities result in the discharge of pollutants into covered waters. In this case, the new chicken coop and its resulting chicken poop could potentially result in runoff that enters the stream and pollutes it. Therefore, if the EPA determines that Auntie Em and Uncle Henry's activities are contributing to pollution of the stream, they could be required to undertake cleanup actions to address the pollution.
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The HR recruiting specialist and line managers at Clearwater Electronics work closely together when hiring new employees . The line managers are ultimately responsible for the final selection of a new employee , but the HR recruiting specialist serves an important role by providing information about potential employees and arranging for interviews . Why is this service helpful to the line managers ? The recruiting specialist can help the line managers from rushing the hire because there is an immediate need to fill positions The recruiting specialist can help the line managers from expecting too much too soon from new employees . The recruiting specialist can help the line managers from interviewing applicants who are not qualified for the positions . The recruiting specialist can help the line managers from relying too much on the interview , a common recruiting pitfall .
Answers
Answer: The recruiting specialist can help the line managers from interviewing applicants who are not qualified for the positions .
Explanation:
Since the line managers are responsible for the final selection of a new employee while the HR recruiting specialist gives information about potential employees and arranging for interviews, then the recruiting specialist can help the line managers from interviewing applicants who are not qualified for the positions.
By getting information from the potential employees, the recruiting specialist can know the people who are qualified for the job and possess the necessary requirements for the job and those who aren't qualified.
For international businesses to achieve vertical differentiation, _____. a. foreign and domestic operations should be grouped in such a way that the company effectively serves the needs of all customers b. top level managers must emphasize flexibility and openness in organizational structure c. a hierarchy of authority must be created that clarifies the responsibilities of both domestic and foreign managers d. the global structure must allow decisions to be made in the most appropriate area of the organization
Answers
Answer:
a hierarchy of authority must be created that clarifies the responsibilities of both domestic and foreign managers
Explanation:
If a company purchases equipment costing $6,100 on credit, the effect on the accounting equation would be:_________
Answers
If a company purchases equipment costing $6,100 on credit, the effect on the accounting equation would be: an increase in assets and an increase in liabilities
What is accounting equation?
The accounting equation emphasizes that the assets of the company are all financed using its equity capital contributed by owners as well as liabilities, which are amounts borrowed from external parties.
In this case, purchase on credit means that the company indebted to an external party to the tune of $6,100 , in essence, its liabilities, claims on the company by external parties would increase, so also its assets because it has in its possession a new asset, equipment, to be precise.
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there is no right or wrong answer
Answers
an intervention program that provides job training and job coaches to help people succeed in meaningful jobs is called
Answers
The intervention program described, which offers job training and job coaches to support individuals in securing meaningful employment, is commonly referred to as a supported employment program.
A supported employment program is designed to assist individuals, particularly those with disabilities or other barriers to employment, in obtaining and maintaining meaningful jobs. This program goes beyond traditional job placement services by providing comprehensive support to individuals throughout their employment journey. The program typically involves two main components: job training and job coaching. Job training equips participants with the necessary skills and knowledge required for specific job roles. It may include vocational training, educational courses, or skill development workshops tailored to the individual's needs and interests. They may offer on-the-job training, assist with workplace accommodations, and provide emotional and practical support to ensure job success. These programs have proven to be effective in helping individuals overcome barriers to employment and achieve long-term job stability and satisfaction.
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QUESTION 3 of 10: A business plan is useful to:
a) Think through all aspects of the business
b) Secure financing
c) Set specific objectives
d) All of the above
Submit
Answers
Answer:
its D All the above
Explanation:
A business plan is useful to think through all aspects of the business, secure financing, and set specific objectives. Thus, the correct answer is option d, all of the above.
What is a business plan?A business plan is a formal written document that contains the goals of a company, the methods for achieving those goals, and the time frame for achieving those goals. A business plan is a written roadmap for the company's marketing, financial, and operational goals.
A business plan explains the concept behind your company and details how your product or service will be manufactured or sold. A business plan establishes specific goals and describes how your company intends to achieve them. A business plan also secures funding sources.
Therefore, for all the given options, a business plan is useful.
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Why would South Africa’s import value be higher than export value
Answers
South Africa exports of items and services as proportion of GDP is 30.47% and imports of items and services as proportion of GDP is 25.53%.
Why import is greater than export?A weaker domestic currency stimulates exports and makes imports more expensive; conversely, a sturdy home forex hampers exports and makes imports cheaper. Higher inflation can also influence exports via having a direct have an effect on on input fees such as materials and labor.
Imports become extra expensive. Exports and AD make bigger causing demand-pull inflation.
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https://brainly.com/question/27899202#SPJ13Under the Investment Advisers Act of 1940, cash payment to a broker-dealer from an investment adviser in return for client referrals is A) not permitted under any circumstances B) permitted with no restrictions C) permitted if the investment adviser makes certain disclosures to the clients and meets other requirements D) permitted if the investment adviser and broker-dealer are affiliated
Answers
Answer:
It's A.
Explanation:
what is professional education!
Answers
Answer:
Professional education is a formal specialized training about a particular profession in which learners are taught the central concepts, principles, and techniques, and how these are applied in real practice, and the learners also acquire the necessary competencies needed for proper practice and behaviour.
Professional education is a formalized approach to specialized training in a professional school through which participants acquire content knowledge and learn to apply techniques. Although content is what the participant is expected to learn by attending professional school, such an education also helps the participant acquire the competencies needed for proper practice and behavior.
use+the+information+below+for+the+following+problem+investment+beta+analyst's+estimated+return+stock+x+2.3+15.5%+stock+y+1.2+13.6%+market+portfolio+1.0+11.5%+risk-free+rate+4.0%
Answers
The estimated return for Stock X is 21.25% and for Stock Y is 13.0% based on the given information.
To calculate the expected return of each stock, we can use the capital asset pricing model (CAPM), which relates the expected return of an investment to its beta and the market's expected return. The formula is:
Expected Return = Risk-Free Rate + Beta × (Market Return - Risk-Free Rate)
For Stock X:
Expected Return for Stock X = 4.0% + 2.3 × (11.5% - 4.0%)
Expected Return for Stock X = 4.0% + 2.3 × 7.5%
Expected Return for Stock X = 4.0% + 17.25%
Expected Return for Stock X = 21.25%
For Stock Y:
Expected Return for Stock Y = 4.0% + 1.2 × (11.5% - 4.0%)
Expected Return for Stock Y = 4.0% + 1.2 × 7.5%
Expected Return for Stock Y = 4.0% + 9.0%
Expected Return for Stock Y = 13.0%
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investment insurance business studies
Answers
Answer:
that does not make sense
Explanation:
that does not make sense
Answer:
An investment insurance, also known as universal life insurance, provided financial security as well as fiscal growth to the investor. It has two main features: an investment, and an insurance plan.
Explanation:
Investment insurance plans are a two-in-one insurance policy. You not only get a safety blanket, but also a profitable return on your investment. Under this type of insurance plan, when you pay your insurance premium, a part of it gets invested after a certain time period.
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HELP PLEASE
Companies create a division of labor among employees in order to:
O A. reduce the opportunity cost for hiring new employees.
O B. make it easier to shift employees between different jobs.
O C. allow each employee to perform one task at a high level.
O D. gain access to more human and physical capital.
Answers
Answer:
D
Explanation:
companies do this so everyone is more proficient with their bodies and their work
Which condition is a result of open competition in a free market system?
A. Poor customer service
B. Government regulation
C. Higher prices
D. Higher quality goods
Answers
A result of open competition in a free market system is higher quality goods (option D).
What is the result of open competition?
Competition is when there are many producers operating in a particular industry. Competition is high in purely competitive markets and low in a monopoly. This is because in a pure competition, there are many producers while there is only one producer in a monopoly.
Due to the high level of competition in an industry, prices would be more likely to be low. This is because producers would want to attract more consumers by fairly pricing their goods. Also, producers would want to offer good customer service in order to retain consumers as there are many competing producers in the market. High quality goods are also a way to attract an retain customers.
A free market system is a market system where prices are set by the forces of demand and supply. There is no government regulation in this type of market.
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The CPI and the GDP deflator a. generally move together. b. generally show different patterns of movement. c. always show identical changes.d. always show different patterns of movement.
Answers
The "C.P.I." and "G.D.P." deflator (a) generally move together, because both measures of inflation.
The CPI (Consumer Price Index) and the GDP (Gross Domestic Product) deflator are both measures of inflation, but they measure different aspects of inflation and can move differently over time.
The CPI deflator measures the average change in prices paid by consumers for a basket of goods and services. The CPI is a measure of consumer inflation, and it reflects changes in the prices of goods and services that individuals typically purchase.
The GDP deflator, is a measure of inflation that reflects the changes in the prices of all domestically produced final goods and services in an economy.
So, the CPI and the GDP deflator generally move together but they can move differently over time.
Therefore, the correct option is (a).
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Preparing adjusting entries (annual)-prepaid expense L04 July 1 2017 Dec. 31, 2017 MED FOO JURC Aug. 2018 Insurance coverage July 1, 2017 to June 30, 2018 Stud Muffin Bakery prepares financial statements on an annual basis and has a December 31, 2017 year-end. On July 1, 2017, the bakery purchased a one-year insurance policy for $12,000 cash. The insurance policy covers July 1, 2017 to June 30, 2018. How much does the insurance policy cost per month? b. How many months are between July 1, 2017 and December 31, 2017? Record the journal entry on July 1, 2017. In order to prepare the annual financial statements, record the adjusting journal entry on December 31, 2017
Answers
a) The insurance policy cost per month is $1,000.
b) There are 6 months between July 1, 2017, and December 31, 2017.
Journal entry on July 1, 2017:
Debit Prepaid Expense - Insurance $12,000
Credit Cash $12,000
Adjusting journal entry on December 31, 2017:
Debit Insurance Expense $6,000
Credit Prepaid Expense - Insurance $6,000
a. To determine the cost of the insurance policy per month, divide the total cost of the policy by the number of months it covers.
Cost of insurance policy: $12,000
Coverage period: July 1, 2017 to June 30, 2018
Number of months covered: 12
Cost per month = Cost of insurance policy / Number of months
Cost per month = $12,000 / 12
Cost per month = $1,000
Therefore, the insurance policy cost per month is $1,000.
b. To determine the number of months between July 1, 2017, and December 31, 2017, count the months inclusively.
July 1, 2017, to December 31, 2017, includes 6 months.
Therefore, there are 6 months between July 1, 2017, and December 31, 2017.
Journal Entry on July 1, 2017:
Date: July 1, 2017
Account Debit Credit
Prepaid Insurance $12,000
Cash $12,000
Adjusting Journal Entry on December 31, 2017:
Date: December 31, 2017
Account Debit Credit
Insurance Expense $6,000
Prepaid Insurance $6,000
The adjusting entry recognizes the portion of the insurance expense that has been used up or expired during the period from July 1, 2017, to December 31, 2017. Since 6 months have passed, half of the prepaid insurance ($12,000 / 12 months) is recognized as an expense, resulting in an Insurance Expense of $6,000. The other half remains as a prepaid asset on the balance sheet.
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assume the real rate of return is 1.41% and the inflation rate is 5.73%. find the nominal rate of return using the exact formula.
Answers
The nominal rate of return is 7.23%.
Determine rate of returnThe exact formula for calculating the nominal rate of return is:
Nominal Rate of Return = (1 + Real Rate of Return) * (1 + Inflation Rate) - 1
In this case, the real rate of return is 1.41% and the inflation rate is 5.73%. Plugging these values into the formula, we get:
Nominal Rate of Return = (1 + 0.0141) * (1 + 0.0573) - 1
Simplifying the equation, we get:
Nominal Rate of Return = 1.0141 * 1.0573 - 1
Multiplying the values and subtracting 1, we get:
Nominal Rate of Return = 0.0723
Therefore, the nominal rate of return is 7.23%.
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can someone answer me this please
Answers
Answer:
Higher fixed costs and Deteriorating net cash flow postion
Explanation:
The Gilbert Instrument Corporation is considering replacing the wood steamer it currently uses to shape guitar sides. The steamer has 6 years of remaining life. If kept, the steamer will have depreciation expenses of $650 for 5 years and $325 for the sixth year. Its current book value is $3,575, and it can be sold on an Internet auction site for $4,145 at this time. If the old steamer is not replaced, it can be sold for $800 at the end of its useful life. Gilbert is considering purchasing the Side Steamer 3000, a higher-end steamer, which costs $12,900 and has an estimated useful life of 6 years with an estimated salvage value of $1,600. This steamer falls into the MACRS 5-years class, so the applicable depreciation rates are 20. 00%, 32. 00%, 19. 20%, 11. 52%, 11. 52%, and 5. 76%. The new steamer is faster and allows for an output expansion, so sales would rise by $2,000 per year; the new machine's much greater efficiency would reduce operating expenses by $1,700 per year. To support the greater sales, the new machine would require that inventories increase by $2,900, but accounts payable would simultaneously increase by $700. Gilbert's marginal federal-plus-state tax rate is 25%, and the project cost of capital is 14%.
Required:
a. Should it replace the old steamer?
b. What is the NPV of the project?
Answers
a. Considering the depreciation and incremental cash flows, Gilbert Instrument Corporation should replace the old steamer with the Side Steamer 3000 for improved profitability.
b. The positive NPV of the project, taking into account depreciation and discounted cash flows, indicates the net value generated by the investment.
To determine if Gilbert Instrument Corporation should replace the old steamer and calculate the NPV of the project, we will follow these steps:
1. Calculate the net cost of the new steamer (initial investment) by considering the purchase price, the sales price of the old steamer, and the change in net working capital.
Initial investment = (cost of new steamer) - (sales price of old steamer) + (change in net working capital)
Initial investment = $12,900 - $4,145 + ($2,900 - $700)
Initial investment = $11,955
2. Determine the annual cash flows generated by the new steamer by considering the increased sales, reduced operating expenses, and the depreciation tax shield.
Annual cash flows = (increased sales + reduced operating expenses) × (1 - tax rate) + (depreciation × tax rate)
For each year, calculate the depreciation using the MACRS rates and then compute the annual cash flows:
Year 1:
Depreciation = $12,900 × 20.00% = $2,580
Annual cash flow = ($2,000 + $1,700) × (1 - 0.25) + ($2,580 × 0.25) = $2,627.50
Repeat this calculation for years 2 to 6 using the respective MACRS rates.
3. Calculate the NPV of the project using the annual cash flows, the initial investment, and the project cost of capital.
NPV = -Initial investment + (Σ (annual cash flow / (1 + project cost of capital)^year))
Compute the NPV by summing up the discounted annual cash flows and subtracting the initial investment.
a. The decision to replace the old steamer depends on whether the NPV of the project is positive or negative. If the NPV is positive, Gilbert should replace the old steamer. If it is negative, Gilbert should not replace the old steamer.
b. The NPV of the project is the value calculated in step 3.
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which of the following types of attire typically consists of button-down shirt and dress pants for men and blouses and dress pants or skirt for women
Answers
Answer:
The answer is Business casual for
Explanation:
I just took the quiz
The type of attire that typically consists of a button-down shirt and dress pants for men and blouses and dress pants or skirts for women is business casual.
Which of the following types of attire typically consists of button-down shirt ?This dress code is commonly used in professional settings where a certain level of formality is expected but not as strict as a formal business attire.
Business casual attire for men usually involves a collared shirt such as a dress shirt, polo shirt, or a button-down shirt. Dress pants such as khakis, chinos, or wool trousers are appropriate, and leather shoes, such as loafers or dress shoes, are recommended. However, a tie is optional.
For women, business casual attire typically includes blouses or collared shirts, dress pants, or skirts. Skirts should be knee-length or longer, and pants should be tailored and not excessively tight or revealing. Shoes should be closed-toe and comfortable, such as loafers, flats, or heels with a moderate height.
Overall, business casual attire is a versatile dress code that balances professionalism with comfort and flexibility. It is commonly used in office settings, meetings, and other business-related events where a formal dress code is not required.
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if an officer smells marijuana and sees smoke pouring out of a car window, she may search the car without a warrant.
Answers
If an officer smells marijuana and sees smoke coming out of a car window, he can search the car without a warrant. This statement is correct.
If the police say your car smells of marijuana, you're in a tough spot. A court has ruled that the smell of contraband is likely to prompt officers to search. will immediately claim that they smell something, and sometimes even lie.
For example, if you are stopped while driving for a minor traffic violation, a stopped police officer cannot simply search your car for that reason. However, if the officer smells marijuana, they may search your person or vehicle for evidence of illegal drug use.
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Jim is an accountant who reimburses travel expenses for company employees who have used personal funds for travel. Tom, a company sales rep, has requested a reimbursement for a $200 dinner. However, Tom does not have proper documentation which means the expense cannot be reimbursed. Tom offers to split the reimbursement with Jim, if Jim will approve it without the documentation. Jim should
Answers
The inference shows that Jim should reject the reimbursement as confidentially report the incident.
What is an inference?An inference simply means the conclusion that can be deduced based on the information given in a literary work.
In this case, the inference shows that Jim should reject the reimbursement as confidentially report the incident.
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If the breakeven point is 20,000 and the contribution margin is $1.30, how much are fixed costs?
A) 20,000
B) $26,000
C) $15,384
Answers
Fixed costs can be calculated by subtracting the contribution margin per unit from the selling price per unit and then dividing the result by the contribution margin per unit.
Using the given information, we can calculate the fixed costs as follows:Contribution margin per unit = Selling price per unit - Variable cost per unit$1.30 = Selling price per unit - Variable cost per unit Breakeven point = Fixed costs / Contribution margin per unit$20,000 = Fixed costs / $1.30 per unit
Solving for fixed costs, we get:
Fixed costs = $20,000 x $1.30 per unit
Fixed costs = $26,000
Therefore, the fixed costs are $26,000.
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How can you save money on an auto loan?
A: Go to many banks and negotiate for a low rate
B: Only use the bank the car salesman suggests
C: Go with the first offer immediately
D: Take out a high interest loan
Answers
Answer:
A: Go to many banks and negotiate for a low rate