Answer: D - both variables must be categorical
Explanation: Crosstabulation is a technique used in the examination of 2 categorical variables. It is also known as contingency table analysis.
Crosstabulation is an analytic and useful tool in marketing research.
It creates a good relationship between the variables with its unique naming. its variables have a low chance of standing alone.
In a crosstabulation, d. both variables must be categorical.
Crosstabulation, also known as a contingency table or cross-tab, is a statistical tool used primarily to analyze the relationship between two or more categorical variables.
Categorical Variables are variables that take on a limited number of distinct values, separating data into different categories. Examples include gender (male/female), type of car (sedan/SUV), or color (red/blue/green).Quantitative Variables are numerical and can be discrete (countable) or continuous (measurable). Examples include age, height, and number of students in a class.When using crosstabulation, each cell in the table represents the frequency count of occurrences for a combination of values from the two categorical variables.
Describe what is meant by externalities.
Answer:
Externality is when the a third party not involved in production or consumption activities is impacted by these economic activities.
Externality is a form of market failure.
Externality could be postive or negative.
Positive externality - externality is positive when the benefits of economic activities to a third party exceeds its cost. An example am activity that generates positive externality is research and development. For example, research in the medical field has led to the discovery of cures to deadly diseases. The benefit of the research to the society exceeds its cost. Government can promote activities with positive externality by giving subsidies.
Negative externality is when the benefits of economic activities to a third party is less than its cost. An example of negative externality is pollution. A cigarette smoker is harming those around him. The cost to the people around him is more than its benefits. Government discourage activities that generates negative externality by taxation which makes prices higher. This type of tax is known as pigovian tax.
Explanation:
Maintaining a stable workforce working at a constant output rate while shortages and surpluses are absorbed by fluctuating inventory levels, order backlogs and allowing lost sales is which of the following production planning strategies?
A. Stable workforce, variable work hours
B. Chase
C. Level
D. Full employment
E. Skill maintenance
Answer: (C) Level production planning strategy
Explanation:
The level production planning is one of the type of strategy that is used for maintaining the steady rate of the production and also the level of the steady employment. This type of strategy helps for satisfying the demand of the customer.
The production planning strategy basically varying the inventory level for maintaining the production level in the given period of time. It is produced the constant output and also maintaining the stable work environment.
Therefore, Option (C) is correct.
The described production planning strategy is known as the Level production strategy, which keeps workforce and output constant while using inventory to buffer demand changes.
Explanation:The question pertains to the type of production planning strategy being described. Maintaining a stable workforce working at a constant output rate, while fluctuations in demand are buffered by changes in inventory levels, order backlogs, and the potential of lost sales, is referred to as the Level production strategy. This strategy focuses on keeping employment levels and output rates steady, protecting workers from the uncertainty of demand fluctuations, and relies on inventory adjustments to handle the ebb and flow of sales.
Transfer payments and subsidies now account for approximately
Answer:
Half or 50% of the federal budget.
Explanation :
A subsidy, which is also known as government incentive is a form of financial aid or support extended to a business, or individual, generally with the aim of promoting economic and social policy. Transfer payments and subsidies now account for approximately half or 50% of the federal budget.
Assume that the Uncovered Interest Parity (UIP) holds. If the rate of retum on a euro asset is 8 percent and the rate of return on a comparable dollar asset is 4 percent, the expected rate of dollar depreciation must be
A. -5 percent.
B. 4 percent.
C. -3 percent.
D. -4 percent.
Answer:
D. -4 percent.
Explanation:
Rate of return on Euro assets = 8%
Rate of return on Dollar assets = 4%
As per the Uncovered Interest Parity condition,
Expected rate of depreciation of the dollar
= Rate of return on Dollar assets - Rate of return on Euro assets
= 4% - 8%
= -4%
Therefore, The expected rate of dollar depreciation must be -4%.
Many organizations use a(n) ____ interview to remind the employee of contractual obligations, such as nondisclosure agreements, and to obtain feedback on the employee’s tenure in the organization.
1. termination.
2. hostile.
3. departure.
4. exit.
Answer:
The correct answer is 4
Explanation:
Exit interview is a wrap-up interview or the meeting among the management representatives and the person or individual who is leaving a firm either voluntarily or through termination.
But it can be uses by the firm for remanding the employee of the contractual obligations of the person and also to attain the feedback on the tenure of the employee in the firm.
Why are the adjustments important to the preparation of the financial statements? (Check all that apply.) Unadjusted financial statements could present a misleading and incomplete picture of the company's financial results. Unadjusted financial statements will always show net income because the expense accounts have not been brought up to date. Adjustments ensure that the revenues earned and expenses incurred during the period are reflected in the income statement. Adjustments ensure that the balance sheet reports all of the economic resources the company owns and all of the obligations the company owes. Confidence Level
Answer:
Unadjusted financial statements could present a misleading and incomplete picture of the company's financial results. Adjustments ensure that the revenues earned and expenses incurred during the period are reflected in the income statement. Adjustments ensure that the balance sheet reports all of the economic resources the company owns and all of the obligations the company owes.Explanation:
The balance sheet is not meant to show how a company works, it is rather a picture of how the company works. If your balance sheet is a picture of your house, you can see the different characteristics of your house and even get an idea of how good or bad the weather is. But presenting an unadjusted balance sheet is like taking a picture of the wrong house. That is exactly the reason why even though almost 100% of the businesses use software for accounting purposes, the IRS gives them a few months before presenting their balances because adjustments are necessary.
Think about the income statement and remember that revenue is recognized only when the company has significantly completed the revenue earning process. If the company sells a lot during the holiday season and a big portion is sold as accounts receivable. If you had to present an unadjusted income statement on January 2, you would have to estimate what percentage of your sales are not going to be collected or are going to be collected late. But if you have a couple of months to adjust your income statement then you will know for sure exactly how much was your revenue.
Adjustments are important in preparing financial statements as they provide an accurate and complete picture of a company's financial health and performance. They ensure that the company's revenues, expenses, assets, and liabilities are correctly reported, facilitating effective financial management and informed decision-making.
Explanation:Adjustments are crucial in the preparation of financial statements because they ensure accuracy and completeness in reporting the company's financial condition and operations. Without these adjustments, the financial statements may present a misleading and incomplete portrayal of the company's financial results. Specifically, unadjusted financial statements may not accurately represent revenues earned and expenses incurred during the accounting period.
For example, if an expense has been incurred but not yet paid or recorded, an unadjusted financial statement may show a higher net income than actual. Furthermore, adjustments ensure that the balance sheet reports all of the economic resources the company owns (assets) and all the obligations the company owes (liabilities). Consequently, adjustments provide a comprehensive and true view of a company's financial health and performance.
Similar to how you create a budget to manage your personal finances and prevent overdrafts or insufficient fund fees, a company also needs to make adjustments to manage its resources effectively. Hence, making timely and accurate adjustments is integral for sound financial management and making informed business decisions.
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If the principal decides to __________ the unauthorized agent's signature, the principal will then become liable for the instrument, while the agent will escape personal liability
Answer:
WORK THE unauthorized agent's signature
Explanation:
The objective of layout strategy is to:
a. minimize space used.
b. maximize worker satisfaction.
c. develop an effective and efficient layout that will meet the firm's competitive requirements.
d. maximize flexibility.
e. minimize cost.
Answer:
c. develop an effective and efficient layout that will meet the firm's competitive requirements.
Explanation:
The objective of layout strategy is to develop an effective and efficient layout that will meet the firm's competitive requirements.
Saffexo, a company that manufactures sports goods, hikes the prices of its entire range of athletic shoes. However, the company does not experience a fall in the sales of its shoes following the hike as the consumers continue to buy them. The information given in the scenario indicates that Saffexo has a good _____.
A. brand valuationB. product consistencyC. brand equityD. product mix
Answer: The correct answer is "C. brand equity".
Explanation: The information given in the scenario indicates that Saffexo has a good brand equity.
Because despite an increase in the price of their products people continue to opt for them, this means that for the quality of the product and the value of the brand consumers are willing to pay more for the product.
In several states, the state government has bid out the right to run the state's prison system to corporations and businesses.
Which of the three strategies of promoting reform is this an example of?
Answer:
Privatization of government entities to reduce bureaucracy
Explanation:
Many times government entities are not very efficient managers since the government is not interested in making a profit. So government owned companies tend to make little if any profit, and many times they suffer losses.
That is why some governments (both state and federal) decide to sell or privatize some government entities that are not properly or effectively managed and suffer heavy losses.
This is the case with state prisons, where private companies run them at a lower cost than when they were managed by government entities.
Cream Bay has come out with a new range of ice creams. To promote the new products, Cream Bay has set up shopping mall kiosks to offer free ice cream samples to potential customers. Which promotion tool is Cream Bay most likely using?A) rebates
B) price packs
C) point-of-purchase promotions
D) coupons
E) advertising specialties
Answer:
The answer is letter C.
Explanation:
The promotion tool used by Cream Bay Ice Cream is a point-of-purchase promotions
Answer:
C) point-of-purchase promotions
Explanation:
A point of purchase (POP) strategy refers to planning the placement of the products your company is trying to offer. POP strategies usually include product displays located in very specific places, e.g. near checkout counters or in aisle intersections. They are located in strategic places in order to draw the attention of potential customers.
In this case, Cream Bay doesn't use a product display, instead it uses a kiosk since they need more space, which should be strategically placed in high traffic areas within a mall.
Research and development costs:A. should be included in the cost of the patent they relate to.B. are capitalized and then amortized over a period not to exceed 20 years.C. are incurred as expenses only when R&D is successful.D. must be expensed when incurred under generally accepted accounting principles.
Answer:
D) must be expensed when incurred under generally accepted accounting principles.
Explanation:
Research and development costs are costs associated with developing new products or the discovery of new knowledge about scientific and technological goods and services.
Before 1974, R&D costs were capitalized as intangible assets, but then in 1974 the Financial Accounting Standards Board (FASB) ruled that companies must expense all R&D costs when incurred.
Research and development costs must be expensed when incurred under generally accepted accounting principles.
Explanation:Under generally accepted accounting principles, research and development costs must be expensed when incurred. These costs cannot be capitalized as an asset or included in the cost of the patent they relate to. Expensing R&D costs immediately allows companies to accurately reflect their expenses and financial position.
Tech Surge applies research into physics and biochemistry to create advanced surgical instruments and implants. Its research department attracts some of the most talented professionals in these disciplines, each with a passion for his or her specialty. Next year, the position of vice president of research will be vacant, so the executive team is working with the HR department to define selection criteria for a new vice president. Given the company's structure, which quality will be important for the new vice president to possess?
Answer:
The future vice president needs to have not just one ability, but many. He should be a team player and a liaison that can combine the researchers' work and the company's strategic goals. He must also be a person that can tolerate failure, and instead of reproaching unsuccessful efforts, must be able to motivate his staff to keep trying.
The new vice president of research at Tech Surge should possess scientific expertise, leadership, interdisciplinary collaboration skills, managerial capabilities, strategic vision, and the ability to balance administrative tasks and research innovation.
In a company like Tech Surge, which applies research into physics and biochemistry to develop surgical instruments and implants, the new vice president of research should have a combination of scientific expertise and leadership skills. Given that the position is at the intersection of several specialized departments, the ability to foster interdisciplinary collaboration is essential.
The new vice president should also possess strong managerial capabilities to oversee the research and development process while enabling innovation and creativity within the team. Moreover, an understanding of product development and the ability to drive projects from the research phase to production would be critical.
Furthermore, considering the high-tech sector's emphasis on innovation and competition, the candidate should have strategic vision to guide worthwhile research investments that yield necessary and helpful outputs.
Lastly, having the finesse to navigate administrative matters without stifling the creativity of talented professionals is a necessary balance that promotes research productivity and innovation in a high-tech biotechnology environment.
Mark Crane purchased a $1,000 corporate bond five years ago for $1,055. The bond paid 7.0 percent annual interest. Five years later, he sold the bond for $980. Calculate the total return for Mr. Crane’s bond investment. (Do not round intermediate calculations.)
Answer:
Mr Crane's total return on the bond investment was 5.35%
Explanation:
The return on a bond is also known as it yield to maturity (YTM). In order to find a bonds YTM we need to know its present value, future value, coupon payments and number of years. In this case the bond's present value is 1,055 because it was bought at this price, it's future value is 980 because it was sold for 980, its number of years was 5 as it was held for 5 years and its coupon payment was (0.07*1000)=70. Now in order to compute return or ytm we need to put all these values in a financial calculator and compute I
PV= -1055
FV= 980
PMT= 70
N=5
Compute I=5.35
The return on the bond investment was 5.35%
Sometimes those using the name multinational mean to imply that these companies have erased national allegiances, becoming itinerant firms that move investment and activity from nation to nation in search of profits.
True / False.
Answer: True
Explanation:
MNC is abbreviated as multinational corporation also referred to as the worldwide enterprise is known as the amalgamated organization which owns or has control over the production of commodities and services in an nation other than its domestic ground. A MNC can further be referred to as or known as the transnational enterprise or multinational enterprise.
Jim has part ownership in a house. He has decided to sell his interest. He signs an agreement with a local real estate designated broker without informing the other two owners. Jim is most likely holding his part ownership as:_______
Answer:
joint tenant
Explanation:
Based on the information provided within the question it seems that Jim is most likely holding his part ownership as joint tenant. This is a unique type of ownership in which more than one individual share ownership of a property. These individuals share the exact same amount of rights to do with the property as they wish. Which is why Jim was able to sign away his part of the ownership without informing the other owners.
Brenda has been offered choices when selecting her benefits. She knows she wants health insurance, is unsure of vision insurance, and does not want dental insurance. This is allowed because her employer has
Answer:
The correct answer is flex-plans.
Explanation:
These plans allow employees to choose the benefits they prefer or want, instead of being selected by the organization's administration. In this way the employee adapts the benefits package to his needs. For example, an employee in the manufacturing area who has great concern for his well-being or health, might prefer the benefit of additional life insurance.
In short there are many alternative benefits for which they can opt.
The precise advantages of these plans and consequently the reasons why they are becoming increasingly popular are:
1. They allow employees to make relevant decisions about their individual finances and balance requirements with benefit plans.
2. Plans help organizations control costs, especially health. This is because managers can define the maximum amount they will use in each benefit. In other words, flexible payment plans often produce savings for organizations.
3. These plans become instruments to control and keep employees.
For employees, flexibility can be attractive, since in this way they can design their benefits and coverage levels based on their own requirements, therefore, in this sense, benefit plans become an advantage for them.
Caddo Corporation is owned by three engineers, all of whom are employed by the corporation. It primarily performs civil engineering activities with respect to construction projects. During the current year, Caddo Corporation earned $150,000 of taxable income. Caddo has not elected to be taxed under Subchapter S. What is Caddo’s current-year regular tax liability?
Answer:
$31,500
Explanation:
Since the Tax Cuts and Jobs Act of 2017 the corporate tax rate fell from 35% to a flat rate of 21% (current rate). Since we are not given any year, we can assume that this applies to 2018.
Caddo Corporation current tax liability = total taxable income x 21% = $150,000 x 21% = $31,500
Getchecked Inc. is a leading medical devices manufacturer. A cosmetic surgeon, Dr. Matt Breen is discussing the prices of Getchecked's medical devices with his colleague, Dr. Ed Walter. Matt says, Getchecked probably finds it difficult to make profits. The medical device market is highly crowded." Ed replies, Well, they do have quite a few patented products so the profits must be flowing in." Meanwhile James Radford, a medical technician, agrees that Getchecked must be doing well. Given that Getchecked's products are widely used in the market, even an increase in prices would not affect sales or profits according to James.
Which of the following, if true, would weaken Matt's argument that Getchecked's profits are most likely negligible due to competition?
A.Lifestyle-related diseases like diabetes and hypertension are on the rise in this country.
B.Getchecked recently hiked the per-unit commission paid to its salesmen.
C.Product differentiation in terms of quality is common in this market because the buyers are very quality-conscious.
D.Some firms in the market have started manufacturing medical devices that can be directly used by the final consumer.
E.Doctors choose the brand of medical devices that should be used in the hospital.
Answer:
The Correct answer is option (C)Product differentiation in terms of quality is common in this market because the buyers are very quality-conscious.Explanation:
On the off chance that the items are separated based on quality, the market structure is certifiably not an ideal rivalry with no extension for benefits except for it is a monopolistic contest where benefits can be made. It is conceivable that individuals favor Getchecked's items because of their quality and expanded contests as such won't influence their deals or benefits a lot. Any remaining choices are incorrect as they don't clarify why the benefits of Getchecked can be procured amid rivalry.Product differentiation
Product differentiation is an advertising procedure intended to recognize an organization's items or administrations from the opposition. Effective item separation includes distinguishing and imparting the exceptional characteristics of an item or organization while featuring the unmistakable contrasts between that item or organization and its rivalsLearn more about product differentiation, refer:
https://brainly.com/question/2920117Phil has been working on a new version of his company's best-selling sales management software and now he'd like to ask several co-workers and a handful of the existing version's top users to perform an acceptance test. Phil is preparing for _________.
A. Gamma Testing
B. Beta Testing
C. Delta Testing
D. Alpha Testing
Answer:
The correct answer is (D)
Explanation:
Alpha Testing is characterised as a kind of programming testing performed to recognise bugs before clearing the item to genuine clients or general society. It is a sort of acknowledgement testing. Phil is as of now dealing with the main period of alpha testing where the principal testing is finished by in-house designers.The goal is to perform the tasks that a typical user might execute.
You are going to form a partnership with an organization that sells domain names. What kind of organization is your partner?
Answer: The correct answer is : register
Explanation: The registrar is an accredited organization that sells domain names to the public, these domains are not yet owned by anyone or they can be registered. These companies also offer domain hosting. You can register a domain using Google Domains.
Ogilvie Corp. issued 23,000 shares of no-par stock for $10 per share. Ogilvie was authorized to issue 46,000 shares. What effect will this event have on the company's financial statements?
Answer:
Oglivie Corp.'s assets (cash account) will increase be $230,000 and its equity (common stock account) will also increase by $230,000.
Every time a company issues stock and sells them, both its assets and equity have to increase in order to keep a balance in the balance sheet. Since Oglivie's stock are no-par, all of the money received should be included in the common stock account.
At Wilson Manufacturing, evaluators are required to justify in writing extremely high or extremely low-performance ratings that are given to employees.
Which of the following is the most likely outcome of this requirement?
A) leniency
B) central tendency error
C) halo error
D) recent behavior bias
Answer:
(B) Central tendency error
Explanation:
Central tendency of error is generally known as the tendency of managers a to rate all or most of the employees or interviewees as average.A term in execution examinations or enlistment talking with process.
To assess and grade a dominant part of representatives or subjects as normal or away from the extraordinary purposes of the scale. Therefore, exceptions are hard to recognize.The effect of the focal inclination blunder increments with increment in rating scale size.
During the year an enterprise fund purchased $230,000 worth of equipment. The equipment was acquired with a cash down payment of $30,000 and a $200,000 loan. A partial year of depreciation on the equipment was taken in the amount of $23,000. What is the net effect of this transaction on the net position accounts of the enterprise fund?
Answer:
The net investment in capital assets is increased by $7,000.
Explanation:
Details amount amount
equipment $230,000
Partial year-depreciation ($23,000)
Net value of the equipment $207,000
acquired load ($200,000)
increase in capital assets $7,000
Therefore, The net effect of this transaction on the net position accounts of the enterprise fund is, The net investment in capital assets is increased by $7,000.
Who is responsible for fiscal policy?
A. Fiscal policy is controlled by market forces.
B. The Federal Reserve controls fiscal policy.
C. The federal government controls fiscal policy.
D. The federal government and the Federal Reserve jointly control fiscal policy.
Answer:
C. The federal government controls fiscal policy.
Explanation:
Fiscal policy are policies enacted by the government using its spending or taxes to stabilise the economy. There are two types of fiscal policy, expansionary and contractionary fiscal policy.
1. Expansionary fiscal policy is a policy that increases the money supply in an economy. They include :
A. Reduction of taxes - this increases disposable income and increases consumer spending which increases money supply.
B. Increased government spending- this is when government increases its spending usually on public projects.
2. Contractionary fiscal policy are policies that reduces the money supply in an economy. They include:
A. Increase in taxes- an increased tax reduces disposable income and money supply in an economy.
B. Reduced government spending - reduced government spending reduces money supply.
Monetary policy is policy controlled by the Federal Reserve.
I hope my answer helps you.
The federal government, specifically the President and Congress, controls fiscal policy which includes tax rates, government budgets, and social welfare programs.
Explanation:The entity responsible for fiscal policy is option C. The federal government. Fiscal policy involves the use of government spending and tax policies to influence the economy. Unlike monetary policy, which is managed by the Federal Reserve, fiscal policy is determined by the President and Congress. They decide on matters such as tax rates, government budgets, and social welfare programs. This policy plays a vital role in influencing the direction of the economy. Examples of fiscal policy tools include increasing government spending during a recession to stimulate economic growth or decreasing taxes to encourage consumer spending.
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The rise of the "Cotton Kingdom" in the South led to all the following EXCEPT: large increase in the number of slaves. an insatiable demand for land to cultivate. increased dependence on banks for credit. Increased diversification of crops grown in the South.
Answer:
The answer is increased dependence on banks for credit.
Explanation:
Because the dependence on bankd only happened when the Cotton Kingdom failed and the slavery time was over. So the farmers were left with a huge amount of cotton, debts, no British to buy it. They could not afford the expenses of the equipment, the field, without the bank loans, because in this time, the would need to hire paid workers.
The accounts receivable balance is $1,000,000. After adjustment, the allowance for uncollectible account balance is $40,000. Net Sales were $12,000,000. What is the net realizable value (book value) of the receivables?
Answer:
$960,000
Explanation:
The computation of the net realizable value (book value) of the receivable is shown below:
= Balance of accounts receivable - the balance of allowance for uncollectible account
= $1,000,000 - $40,000
= $960,000
Simply we deduct the balance of allowance for an uncollectible account from the Balance of accounts receivable so that the correct amount can come.
All other information which is given is not relevant. Hence, ignored it
An expansionary monetary policy may cause asset prices to rise, thereby reducing the likelihood of financial distress and causing consumer durable and housing expenditures to rise. This monetary transmission mechanism is referred to as
a) the household liquidity effect
b) the wealth effect
c) Tobin's q theory
d) the cash flow effect
Answer:
The answer is a) the household liquidity effect.
Explanation:
A central bank will increase the money supply in an economy when it decides to pursue an expansionary monetary policy.
With more money supply, interest rate will go down.
Subsequently, asset prices such as bond prices go up. Besides, household's interest expenses will be lower allowing them to have more fund for spending/investment in asset such as housing. Moreover, lower interest rate encourages household to borrow more, and discourages them to save money. Higher demand for products and services in the economy will also bring asset prices to the higher level.
Such transmission mechanism from an expansionary monetary policy is referred to as the household liquidity effect.
During the current year, Ashley Corporation charged the following payments to
miscellaneous expense:
Travel expense of $300 for the company president to offer
voluntary testimony at the state capital against proposed
legislation regarded as unfavorable to its business
Christmas gifts to 20 customers at $75 each
Contribution of $600 to local political candidate
The maximum deduction that Ashley can claim for these payments is
A. $800
B. $1,400
C. $1,800
D. $2,400
Answer:
option (D) $2,400
Explanation:
Data provided in the question:
Payments to miscellaneous expense:
Travel expense = $300
Total value of Christmas gifts = 20 × $75 = $1,500
Contribution to local political candidate = $600
Now,
The maximum deduction that Ashley can claim for these payments
= Travel expense + Total value of Christmas gifts + Contribution to local political candidate
= $300 + $1,500 + $600
= $2,400
Hence,
The correct answer is option (D) $2,400
A tariff on avocadoes ______________ the price of avocadoes, _____________ consumers’ surplus for avocado buyers, _______________ producers’ surplus of avocado growers and __________________ tariff revenue. Because the loss to _____________ is more than the gain to ___________________, there is a net loss to society.
a) raises; increases; decreases, generates, producers, consumers and government
b) lowers, increases; decreases; does not generate, producers, consumers
c) raises, increases, decreases; does not generate consumers, producers and importers
d) raises; decreases; increases, generates, consumers, producers and government
Answer:
d) raises; decreases; increases, generates, consumers, producers and government
Explanation:
Tariffs are trade policies by a local government in a country for the purpose of giving protection to local producers. In the case of avocados, the tariff can bring about some negative effects to local consumers as it minimizes their purchasing power because the avocados become more expensive due to price increase. This effect causes a reduction in consumer’s surplus and an increase in producer’s surplus. The government in return benefits from tariff revenues making choice D correct.