Star Corporation's business is expanding into multiple segments. They have an accountant who performs the accounting and finance works within the company. Star find it very useful to hire somebody who will assist their accountant to do the job, so they decided to outsource a CPA to help review their financial records and their existing system. Star pays P15,000 every month as a professional fee to the CPA while their accountant is paid P20,000. a. Will the CPA's income be subject to business tax? Why and why not? b. Will the accountant's income be subject to business tax? Why and why not? c. Will it be possible to be taxed with business tax and income tax to the same taxpayer?
Answers
The CPA income is considered professional fees, which are subject to income tax under the Tax Code. Compensation income is subject to income tax under the Tax Code.
a. The CPA's income will be subject to income tax but not business tax. This is because the CPA is not engaged in a trade or business, but rather providing professional services as an independent contractor.
b. The accountant's income will also be subject to income tax, but not business tax. The accountant is an employee of the company, and therefore, the income earned is considered compensation income.
c. Yes, it is possible for the same taxpayer to be taxed with business tax and income tax. This is because business tax is imposed on the income earned by the business, while income tax is imposed on the income earned by the individual. If the taxpayer is both an individual and engaged in a business or profession, then they may be subject to both types of taxes on their respective income streams. However, it is important to note that there are different tax rates and rules that apply to business tax and income tax, so it's essential to consult with a tax professional to ensure proper compliance.
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Related Questions
On March 1, 2022, Samar set up a loan recovery business and concluded the following transactions in the first month. Analyze the impact (increase/decrease) or no effect of the following activities on the accounting equation. Answer the questions in the format given below. [Marks:0.5*10=5] 1. Samar invested cash in the business Rs. 20,000/− 2. Brought equipment for cash Rs. 12,000/ - 3. Paid rent for the office site Rs. 5000/- 4. Provided service for cash Rs. 19,000/ - 5. Provided services on credit Rs. 14,000/− 6. Paid salaries to employees of Rs. 8,000/− 7. Collected payments for past invoices Rs. 8,500/ 8. Received advance payment for services Rs. 2,000/− 9. Withdrew cash for personal use Rs. 4500/− 10. Purchased goods on credit Rs. 15000%
Answers
The journal entries of 1. Samar invested cash in the business Rs. 20,000/-:
- Increase in cash (asset) by Rs. 20,000/-
- Increase in the capital (owner's equity) by Rs. 20,000/-
The entries are:
1. Samar invested cash in the business Rs. 20,000/-:
- Increase in cash (asset) by Rs. 20,000/-
- Increase in the capital (owner's equity) by Rs. 20,000/-
2. Brought equipment for cash Rs. 12,000/-:
- Decrease in cash (asset) by Rs. 12,000/-
- Increase in equipment (asset) by Rs. 12,000/-
3. Paid rent for the office site Rs. 5,000/-:
- Decrease in cash (asset) by Rs. 5,000/-
- Decrease in capital (owner's equity) by Rs. 5,000/-
4. Provided service for cash Rs. 19,000/-:
- Increase in cash (asset) by Rs. 19,000/-
- Increase in revenue (owner's equity) by Rs. 19,000/-
5. Provided services on credit Rs. 14,000/-:
- No immediate effect on cash (asset)
- Increase in accounts receivable (asset) by Rs. 14,000/-
- Increase in revenue (owner's equity) by Rs. 14,000/-
6. Paid salaries to employees of Rs. 8,000/-:
- Decrease in cash (asset) by Rs. 8,000/-
- Decrease in capital (owner's equity) by Rs. 8,000/-
7. Collected payments for past invoices Rs. 8,500/-:
- Increase in cash (asset) by Rs. 8,500/-
- Decrease in accounts receivable (asset) by Rs. 8,500/-
8. Received advance payment for services Rs. 2,000/-:
- Increase in cash (asset) by Rs. 2,000/-
- Increase in unearned revenue (liability) by Rs. 2,000/-
9. Withdrew cash for personal use Rs. 4,500/-:
- Decrease in cash (asset) by Rs. 4,500/-
- Decrease in capital (owner's equity) by Rs. 4,500/-
10. Purchased goods on credit Rs. 15,000/-:
- No immediate effect on cash (asset)
- Increase in accounts payable (liability) by Rs. 15,000/-
- Increase in inventory (asset) by Rs. 15,000/-
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what are three types of pricing associated with business products?
Answers
Answer:
geographic pricing, transfer pricing, and discounting.
Explanation:
internet.
The money multiplier defines the amount of
Answer choices:
a)consumer demand following an increase in government spending.
b)money that a bank can create.
c) money that the banking system can create.
i think its b, but im not sure
Answers
The money multiplier defines the amount: of money that a bank can create. The correct option is B.
It is a concept in monetary economics that measures the potential increase in the money supply that results from an increase in the monetary base. In simpler terms, it is the ratio of the total money supply to the amount of reserves held by banks.
The money multiplier process starts with the central bank, which is responsible for setting monetary policy and controlling the money supply. It does this by increasing or decreasing the amount of reserves held by banks, which in turn affects the amount of money that can be created.
When the central bank increases the monetary base, banks are able to lend out more money than they have in reserves. This is because the reserve requirement, which is the amount of funds that banks must hold in reserve, is only a fraction of the deposits they receive.
For example, if the reserve requirement is 10% and a bank receives a deposit of $100, it must hold $10 in reserves and can lend out the remaining $90. If that $90 is deposited in another bank, that bank can hold $9 in reserves and lend out $81, and so on.
As a result, the initial increase in the monetary base leads to a larger increase in the money supply as it is multiplied through the banking system. The money multiplier can be calculated using the formula:
Money multiplier = 1 / reserve requirement
Therefore, the money multiplier defines the amount of money that a bank can create and the potential increase in the money supply resulting from an increase in the monetary base.
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What effect would the following actions have on a firm's current ratio? Assume that net working capital is positive.a. Inventory is purchased.b. A supplier is paid.c. A short-term bank loan is repaid.d. A long-term debt is paid off early.e. A customer pays off a credit account.f. Inventory is sold at cost.g. Inventory is sold for a profit.
Answers
A firm's current ratio is an important measure of its liquidity and solvency. It is calculated by dividing the current assets by the current liabilities. Actions that a firm takes can have a direct effect on its current ratio, either increasing or decreasing it.
a. Purchasing inventory would decrease the current ratio since it would reduce the current assets and increase the current liabilities.b. Paying a supplier would decrease the current ratio since it would reduce the current assets and reduce the current liabilities.c. Repaying a short-term bank loan would increase the current ratio since it would reduce the current liabilities without changing the current assets.d. Paying off a long-term debt early would increase the current ratio since it would reduce the current liabilities without changing the current assets.e. When a customer pays off a credit account, the current ratio would remain the same since it would not affect the current assets or liabilities.f. Selling inventory at cost would not have any effect on the current ratio since it would not affect the current assets or liabilities.g. Selling inventory for a profit would increase the current ratio since it would increase the current assets without changing the current liabilities.Learn more about inventory: https://brainly.com/question/26533444
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Which references are updated when you copy the formula =SUM(A$1:$B4)+25?
Answers
Answer:
30 I hope it serves you
Explanation:
GIVE ME CROWN
Answer:
I hope this works.
Right answer: =SUM(A$1:$B4)+25 A,1 B,4 Wrong Answer: #ERROR! =SUM(A$1:$B4)+25?Explanation:
It sometimes will turn out as an error!
But if you do it right you will get a 30+.
Can I have a crown so I can go to the next level
Suppose that in 2015, a typical U.S. student attending a state supported college bought 8 textbooks at a price of $90 per book and enrolled in 28 credit hours of coursework at a price of $400 per credit hour. In 2016, the typical student continued to purchase 8 textbooks and enroll in 28 credit hours, but the price of a textbook rose to $100 per book, and the tuition price increased to $440 per credit hour. The base year for computing a "student price index" using this info is 2015. The price index for any base year is 100. The value of the student price index in 2015 is
Answers
Answer:
$11,920
Explanation:
2015 prices:
8 textbooks x $90 = $720
28 credit hours x $400 = $11,200
total = $11,920
the base year, in this case 2015, will be used to adjust the relative prices of the goods and services purchased by students. E.g. for year 2016, the index based on 2015 should be (8 x $90) + (28 x $400) = $11,920 since the quantities didn't change, only the nominal prices.
Economics is the study of how evenly goods and services are distributed within society. True or false?.
Answers
This is FALSE. The correct statement is "economics is the study of how efficiently goods and services are distributed within society."
In reality, economics is a social science that looks at the production, distribution, and consumption of products, goods, and even services. Additionally, economics examines how we, as consumers within society, make plans and decide on our consumption.
Economics also analyzes how the following prefer to allocate or distribute resources: (1) organizations (2) companies (3) governments and (4) nations.
"Evenly" isn't the correct word for the statement. "Efficiency" is basically the right term we use to describe how effectively society uses its finite resources. We believe that the distribution of economic advantages among society's members must be efficient.
The significance of economics:
Recognizing consumer behaviorForecasts for the economyCorrect market flawsSuggest making wise decisionsStrive for social efficiencyInformation on resource distributionLearn more about economic goal here: https://brainly.com/question/1018610
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When analyzing relevant legal authority:
Multiple Choice
a. The researcher is finished only when an unambiguous answer to the research question has been located.
b. Different sources of authority may provide conflicting answers.
c. Interpretation and judgment on the part of the researcher is rarely required.
d. The researcher should never give an unqualified answer to any research question.
Answers
When analyzing relevant legal authority, the correct answer is Different sources of authority may provide conflicting answers. (B)
It is important to note that legal research is rarely straightforward and often requires the researcher to consider and analyze multiple sources of authority. These sources may include statutes, regulations, case law, and secondary sources, such as law review articles and treatises. (B)
It is not uncommon for these sources to provide conflicting answers, and it is the researcher's job to analyze and interpret these sources in order to determine the best answer to the research question. This often requires the researcher to use their judgment and interpretation, as indicated in option c.
It is also important to note that legal research is rarely finished when an unambiguous answer has been located, as indicated in option a. Legal research is an ongoing process and it is often necessary to continue researching and analyzing sources in order to ensure that the answer is accurate and complete.
Finally, it is not always possible to provide an unqualified answer to a legal research question, as indicated in option d. Legal research often involves complex and nuanced issues, and it may be necessary to provide a qualified answer that takes into account the various sources of authority and the potential for conflicting answers.
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Rick has a great idea about a new product to sell. He needs
money to get started building his brand. What type of loan does
he need?
A. Mortgage
B. Business
C. Home equity
D. Auto
Answers
The buyer of an industrial complex wants the broker to place the earnest money in an interest bearing account. The broker does this, clearly identifying all parties who are to receive the interest and the date the earned interest is to be disbursed. With only the verbal consent of the buyer, he places the money in an insured account in a depository in Florida. When the time comes to disburse the account, the broker will write a check to the buyer for the interest as the buyer agreed. Which statement describing this situation applies?
Answers
Answer:
Explanation:
In this situation, the statement that would best apply would be that the broker does not have the right to ever use an interest-bearing account under Florida Real Estate laws. Since Florida Real Estate laws specifically prohibit a broker from placing a clients money in an interest account then the broker in this scenario is breaking the law and can have his real estate license taken away as well as being fined.
what is the role of the entrepreneur in the modern economy? A. to create jobs B. to take big risks C.to preserve natural resources D.to generate wealth
Answers
Answer:
D
Explanation:
They invest and risk their money--and other people's money--to produce a product or service that can be sold at a profit
2. Once someone is promoted to facility manager, the job becomes easier because the person has subordinates who can help them. Therefore, they do not need to spend as many hours at the facility. a. True b. false
Answers
The statement "Once someone is promoted to facility manager, the job becomes easier because the person has subordinates who can help them. Therefore, they do not need to spend as many hours at the facility" is false because the promotion to the position of facility manager often means that more responsibilities are entrusted to the person holding that position and the job becomes more challenging.
Facility management involves a wide range of responsibilities and duties that are essential for the smooth operation and maintenance of a facility.
Once someone is promoted to the position of facility manager, they become responsible for supervising the daily operations of the facility, coordinating with various teams, overseeing facility maintenance and repairs, ensuring compliance with safety and health standards, and managing the facility's budget and resources.
As such, the job of a facility manager can become more demanding after their promotion. Although subordinates may provide support, they do not take away the facility manager's responsibility for ensuring that all aspects of the facility's operation are running smoothly.
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In what pricing strategy are prices lowered in a series of steps with the demand by those who really desire the product being satisfied at the highest prices?.
Answers
A price skimming strategy refers to when an e-commerce business charges the highest initial price that customers will pay, then lowers it over time. As demand from the first customers is satisfied and more competitors enter the market.
A skimming crime can be easy tax evasion: the owner of a business might also fail to "ring up" a transaction and pocket the coins, hence converting a patron's charge without delay to the proprietor's personal use with out accounting for the profit, thereby the proprietor avoids paying both commercial enterprise or non-public income taxes on it. A well-known example of this crime took place at Studio 54 discotheque,[1] which changed into compelled to close as a end result. Skimming at casinos is related to the investment of prepared crime.
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how does increase in productivity result in decrease in cost of production?
please give me a simple answer
Answers
Answer:
Explanation:
say you buy a machine that cost 1 million dollars. The more products you produce with that machine, the cheaper the production cost is.
An innovative business idea that no one has never had
Answers
An innovative business idea that no one has never had is Offering virtual assistance to other businesses.
What is innovative business idea ?innovative business idea can be described as an idea in business that cn be developed so that it can be a way to earn a living by providing the services or the goods to the consumer.
It should be noted that this innovation can be the one that no one has ever done or the modification of the one that has been in exisitence, however providing the virtual assistance serves as one of the innovation in business that can ring profit.
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Complete question:
State An innovative business idea that no one has never had
The control limits to include 99.73% of the random variation in meal satisfaction are:
UCL Subscript pUCLp =
(enter your response as a number between 0 and 1, rounded to three decimal places).
LCL Subscript pLCLp =
(enter your response as a number between 0 and 1, rounded to three decimal places).
Based on the developed control limits, the number of unsatisfied patients has been
IN-CONTROL / OUT OF CONTROL
Answers
The control limits for meal satisfaction are determined to include 99.73% of the random variation. The upper control limit (UCLp) and lower control limit (LCLp) are calculated and expressed as numbers between 0 and 1, rounded to three decimal places. Based on these control limits, the number of unsatisfied patients can be assessed as either in-control or out of control.
To determine the control limits for meal satisfaction, statistical methods are employed to establish the range within which 99.73% of the random variation in satisfaction scores falls. The upper control limit (UCLp) represents the upper boundary, while the lower control limit (LCLp) represents the lower boundary.
The values of UCLp and LCLp are not provided in the given question, so specific numerical values cannot be given. However, they would be calculated based on the data and statistical analysis performed on the meal satisfaction scores.
To assess whether the number of unsatisfied patients is in-control or out of control, their satisfaction scores would need to be compared against the established control limits. If the scores fall within the control limits, it would indicate an in-control situation, implying that the level of unsatisfaction is within the expected range of random variation. If the scores exceed the control limits, it would suggest an out-of-control situation, indicating that the level of unsatisfaction is beyond what is expected from random variation.
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what will I need to start a clothing shop
Answers
Answer:
Explanation:
But meanwhile his you are going to start a new clothing business you will not have much finance ( money ) but first u have to advertise to the customers . get the customers attraction and there satisfaction , because then one customer will spread the whole news about your clothing shop to almost all the customers. which will be beneficial for you .
You will have to advertise on the tv , radio , bill boards , newspapers , many other marketing equipments plus u must advertise your business in a way that the customers will be willing to purchase your clothes from your clothing shop.
Then eventually you will gain more profits and will lead to profits so after sometime you can create a a online shopping like a website , because some and many customers will be willing to purchase your clothes through the online platform. which saves the customers time and transportation costs and etc.
By the way the main element is customers because without customers there will be no lead / success to your clothing shop.
Hope this answer helps you :)
Have a great day.
Mark brainliest :)
Plz help!!!!!!!!!!!!! giving brainliest for correct answer!!! Which type of degree is earned after a master’s degree?
doctorate
secondary
bachelor’s
associate’s
Answers
Answer:
Doctorate. this helps :)
Explanation:
Post-Assessment
Question 2 of 5
Why is buying a car considered "bad debt"?
It decreases in value over time
It increases your net worth as it build equity
It gives you transportation to and from your job
It is worth more than any other investment
Submit
Continue
E
Answers
The reason why buying a car considered "bad debt"is that It decreases in value over time. option A
What is bad debt?The term bad debt can be described as the amount of money that a creditor must write off as a result of a default on the part of the debtor in a case whereby the creditor has a bad debt on the books, then things turn to uncollectible and is recorded as a charge-off.
It should be noted that a case can be regarded as bad debt because the value of the asset you receive from the loan depreciates quickly however in some cases interest charges increase how the amount that is been paid for the vehicle. and in thius case cost is higher compare to what it would be if you'd purchased the car outright with cash.
Hence, option A is correct.
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If an individual earns a yearly income of $60,000, has a gross monthly income of $5,000, net pay per month of $4000, and monthly expenses of $3,750 - not including monthly savings of $750 - what amount should they have saved to meet the recommended three months for an emergency fund
Answers
The individual should have already saved $10,500 to meet the recommended three months for an emergency fund.
The recommended emergency fund is generally three to six months of living expenses. In this case, the monthly expenses not including savings are $3,750, so the total recommended emergency fund would be:
3 months x $3,750 = $11,250
Assuming the individual has just started saving for the emergency fund, they have already been saving $750 per month. To determine how much they need to have saved, we can use the following calculation:
$11,250 - $750 = $10,500.
An emergency fund is a savings account specifically set aside for unexpected expenses, such as medical bills, car repairs, or job loss. Financial experts recommend having at least three to six months' worth of living expenses saved in an emergency fund.
In this case, the individual's gross monthly income is $5,000, but their net pay (take-home pay after taxes and other deductions) is $4,000. Their monthly expenses are $3,750, not including the $750 they save each month.
To calculate how much they should have saved for a three-month emergency fund, you would first need to determine their monthly living expenses, which include their $3,750 monthly expenses plus the $750 they save each month. This totals $4,500 in monthly living expenses.
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companies engaged in unethical behavior—willingly or otherwise—always protect the identity of the personnel involved. (True or False)
Answers
False, companies may not always protect the identity of personnel involved in unethical behavior.
Do companies engaged in unethical behavior always protect the identity of the personnel involved?Companies engaged in unethical behavior may not always protect the identity of the personnel involved. While some companies may attempt to conceal the identity of individuals involved in unethical actions, it is not always the case.
The level of protection afforded to personnel can vary depending on the specific circumstances, company culture, legal requirements, and ethical standards.
In some cases, companies may conduct internal investigations to identify those responsible for unethical behavior and take appropriate actions such as disciplinary measures or termination.
Additionally, external stakeholders such as regulators, law enforcement agencies, or whistleblowers may uncover and expose the unethical actions, leading to public disclosure of the individuals involved.
Transparency, accountability, and ethical considerations are increasingly valued in corporate practices, and organizations are encouraged to address unethical behavior openly and take responsibility for rectifying the situation.
However, it is important to note that practices can vary across companies, and some may attempt to protect the identities of personnel involved in unethical behavior.
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What school did Brittany Bailey go to on a field trip that helped her decided on her career?
Answers
Answer:
she went to the school called Lord duffrent public school.
Explanation:
Answer:
Go to pad let im back
Explanation:
a relative price is select one: a. a measure of overall prices at a particular point in time. b. the price of a specific good in comparison to the prices of other goods and services. c. the percentage change in a price index such as the cpi. d. the rate of inflation.
Answers
A relative price is the price of a specific good in comparison to the prices of other goods and services. This means that it is a measure of the value of one good or service in relation to others. For example, if the price of bread increases compared to the price of milk, then the relative price of bread has gone up.
This is an important concept in economics as it helps to explain how prices change over time and how consumers make choices about what to buy. It is important to note that relative prices can fluctuate due to changes in supply and demand, changes in production costs, or changes in consumer preferences. In order to fully understand relative prices, it is necessary to look at them over a long period of time and to take into account other economic factors that may be affecting them.
A relative price is: b. the price of a specific good in comparison to the prices of other goods and services. In other words, it is a measure of how much one good or service costs compared to other goods and services in the market. This comparison allows you to understand the value of a particular item in relation to others, which can help in making informed decisions when purchasing goods or services.
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A student needs to take a test. She has her paper, pencil, eraser, and a backup pencil.
What is she missing to take the test?
Answers
Answer:
A drink
Explanation:
Professional conferences for managers frequently focus on leadership as the sole attribute that managers need in order to be effective. Discuss whether you agree with this approach to management. You should justify your answer by referring to the four functions of management.
Answers
Professional conferences for managers frequently focus on leadership as the sole attribute that managers need in order to be effective. However, this approach to management is not accurate. Management is a complex discipline that requires a variety of skills to be successful, not just leadership.
The four functions of management are planning, organizing, leading, and controlling. Planning refers to the process of setting goals and deciding how to achieve them. Organizing involves the creation of a structure that will allow the organization to accomplish its goals. Leading refers to the process of motivating employees to work towards the goals of the organization.
Controlling refers to the process of measuring performance and making changes to ensure that the organization is achieving its goals. Leadership is just one of the functions of management, but it is not the only one. While leadership is an important function of management, it is not sufficient for success.
Managers also need to be able to plan, organize, and control their teams effectively. In conclusion, professional conferences for managers should not focus solely on leadership. Management is a multifaceted discipline that requires a variety of skills to be successful. Instead, conferences should focus on all four functions of management and how to develop the skills necessary to excel in each of them.
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on october 1, equipment costing $10,700, on which $7,070 of accumulated depreciation has been recorded (through that date) was sold for $2,070 cash.
Answers
The equipment was sold for $2,070 cash, which means the company incurred a loss on the sale. To calculate the loss, we need to subtract the cash received from the net book value of the equipment.
The net book value is the cost of the equipment ($10,700) minus the accumulated depreciation ($7,070), which equals $3,630. Subtracting the cash received ($2,070) from the net book value ($3,630) gives us a loss of $1,560. Therefore, the company incurred a loss of $1,560 on the sale of the equipment.
On October 1, equipment with an initial cost of $10,700 was sold for $2,070 cash. At the time of the sale, the equipment had $7,070 of accumulated depreciation recorded.
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c. Analyse why trade unions are likely to welcome an increase in the money supply. (6)
Answers
Answer:
Prolonged inflation educates trade-union leaders to bargain in real terms by allowing for expected price movements, so that incomes rapidly adjust to, or even anticipate, changes in the price level.
I am not sure about this answer.
Increased money supply often results in lower interest rates, which encourages more investment and more money in consumers' hands, which in turn increases consumption. Trade unions respond by increasing their orders for raw materials and increasing production.
What is Trade Union?A trade union commonly referred to as a union, is a group of employees who are dedicated to "maintaining or improving the conditions of their employment," such as obtaining better wages and benefits, improving working conditions, raising safety standards, establishing complaint procedures, and creating rules governing employees' status (rules governing promotions, just-cause conditions for termination, etc.).
They also work to protect the integrity of their trade by increasing bargaining power.
The trade union negotiates labor contracts (also known as collective bargaining agreements) with employers on behalf of its members, known as the rank-and-file, through an elected leadership and negotiating committee.
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Give your suggestions to address the problems and challanges being faced by the migrant workers in foregin employment .
Answers
Answer: Their comfortability relies a lot on what the government would be willing to do to help them. Some of what the government can do, e.g insure them, pension
Explanation:
Their comfortability relies a lot on what the government would be willing to do to help them. Some of what the government can do as as follows;
I) The government can grant them soft loans
ii) The government can consider making it easier for them to easily open SME's
iii) The government can consider making provision for them as regards pensions
iv) The government can insure them
What is the most important characteristic for being successful in a Supply Chain Management Career or as an SCM Major
Answers
The most important characteristic for being successful in a supply chain management is the motivation, excitement and determination to succeed.
To have a career in Supply Chain management, you would need to perform very well in your school work.
The person would also need to have good mathematics and analytical skills that would help him or her. This would provide an understanding of supply and demand.
Also the ability to use data would be important. Especially for tracking orders and shipments.
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A quality control procedure at a manufacturing plant involves randomly selecting five items and accepting a whole lot of at least four of the five items are in perfect condition. From past experiences 59.049% of whole lots are perfect. What is the probability that the next lot will be excepted?
Answers
Answer:
0.32072
Explanation:
Given that :
Number of items selected, n = 5
P(x ≥ 4)
Using binomial relation :
P(x =x) = nCx * p^x * (1 - p)^(n - r)
p = 0.59049 ; 1 - p = 0.40951
P(x ≥ 4) = P(4) + P(5)
P(x = 4) = 5C4 * 0.59049^4 * 0.40951^1 = 0.24893
P(x = 5) = 5C5 * 0.59049^5 * 0.40951^0 = 0.07179
P(x ≥ 4) = P(4) + P(5)
P(x ≥ 4) = (0.24893 + 0.07179) = 0.32072