_____ are responsible for developing operational plans. select one:
a. lower-level managers
b. middle managers
c. board of directors
d. top managers
Define what is meant by the phrase "planning materiality threshold"
The 'planning materiality threshold' is a benchmark used by auditors during financial statement audits to determine the significance of financial misstatements, which helps in planning and performing the audit to detect material errors.
The phrase 'planning materiality threshold' refers to a benchmark used by auditors to determine the significance of financial misstatements in the context of preparing and evaluating financial statements. In auditing, materiality is a critical concept that helps auditors assess which financial information is likely to influence the economic decisions of users of those financial statements. Planning materiality is the maximum amount by which the auditor believes the financial statements can be misstated without affecting the economic decisions of users. It acts as a threshold for auditors to plan and perform the audit in such a way as to detect quantitatively material misstatements. It is vital in ensuring the audit is conducted with an appropriate level of assurance.
When a u.s. airplane manufacturer sells its airplanes to business executives in germany without using intermediaries, it is referred to as?
It has been hypothesized that acheulean tools were commonly used __________.
Bakery a sells bread for $2 per loaf that costs $0.50 per loaf to make. bakery a gives a 70% discount for its bread at the end of the day. what is the salvage value of its bread?
Answer: $0.60
Price per loaf: $2
Discount given for its bread at the end of the day= 70%
Solution:
Salvage value is the estimated resale value of a product at the end of its useful life. Since the useful life of the loaf is 1 day and it was sold at the end of the day at 70% off, the salvage value is
$2 × (1 - 70%)
$0.60.
The salvage value of the bread from Bakery A at the end of the day, following a 70% discount, is $0.10 per loaf. This is calculated by subtracting the cost to make the bread ($0.50) from the discounted selling price ($0.60).
Explanation:The salvage value of the bread from Bakery A can be calculated by subtracting the cost of production from the discounted selling price. The initial selling price of the bread is $2.00, and the cost to make a loaf is $0.50. However, at the end of the day, Bakery A gives a 70% discount on its bread. So, the discounted selling price is now 30% of the initial price, which is $2.00 * 0.30 = $0.60.
Given that the cost to make the bread is $0.50, the salvage value of the bread is the discounted selling price of $0.60 minus the cost to make the bread which is $0.50. So, the salvage value is $0.60 - $0.50 = $0.10.
Learn more about salvage value here:https://brainly.com/question/30271566
#SPJ3
Using the aggregate demand curve and the inflation adjustment line, describe what would happen to real gdp and inflation in the short run, in the medium run, and in the long run if the government increased spending permanently. assume that the economy was initially at potential output before the increase. be sure to provide an economic explanation for your results.
If the government increases spending permanently, it would have an impact on real GDP and inflation in the short run, medium run, and long run and would impact the aggregate demand curve and the inflation adjustment line.
Short Run:
In the short run, the increase in government spending would lead to a shift in the aggregate demand (AD) curve to the right. This shift would result in higher real GDP due to increased government expenditure. As a result, there would be an increase in output and employment levels. However, in the short run, the increase in aggregate demand may exceed the economy's capacity to produce, causing inflationary pressures. This is because the increase in spending leads to higher demand for goods and services, potentially pushing prices upward.
Medium Run:
In the medium run, the economy would adjust to the increased government spending. As prices begin to rise due to the initial increase in aggregate demand, firms may increase production to meet the higher demand and take advantage of the increased profitability. This increased production could result in higher real GDP. However, as the economy approaches potential output, the positive output gap (the difference between actual output and potential output) starts to close. This closure of the output gap reduces the pressure on prices, mitigating the inflationary impact. In the medium run, real GDP may remain relatively higher, while inflationary pressures start to moderate.
Long Run:
In the long run, the increase in government spending may have further implications. As the economy approaches its potential output level, the output returns to its natural level, and any temporary inflationary pressures dissipate. In the long run, the increase in government spending may lead to an upward shift in the potential output (production capacity) of the economy if the spending is allocated to productive investments such as infrastructure development or human capital formation. If the government spending is unsustainable or does not contribute to long-term growth, it may not have a lasting impact on potential output.
To know more about aggregate demand curve
https://brainly.com/question/31932357
#SPJ2
if your grandma was preparing to purchase a cell phone what are three things you would encourage her to research before she purchased? where would she find this information?
Which of the programs below would not transfer wealth from young to old generations?
a. taxes are raised to provide more generous social security benefits.
b. taxes are raised to improve government infrastructure such as roads and bridges.
c. taxes are raised to provide more generous medicare benefits.
d. taxes are reduced as a result of cutting expenditures on education?
Beige inc. has to choose from three projects whose internal rates of return (irrs) are more than the marginal cost of capital (mcc). beige should choose those projects that _____. a. minimize the marginal cost of capital b. maximize the excess of internal rate of return over marginal costs c. maximize the dividend payout d. maximize the cash flow from investment in projects e. minimize the rate of return to the investors
Why is the fed sometimes said to have a "dual mandate"? the fed is said to have a" dual mandate" because
a. the employment act of 1946 empowers the fed to maintain low taxes and high employment.
b. the two most important goals of the fed are controlling inflation and the budget deficit.
c. the fed is entrusted by congress to maintain price stability and low taxes.
d. maintaining price stability and high employment are the two most important goals of the fed that are explicitly mentioned in the employment act of 1946?
What does the CEO of a company do?
CEO refers to the highest position in an organization or company. It's like your president. CEO's are not always the owner of a company especially larger ones. With smaller ones, it's more likely that the CEO will be the owner.
They are basically responsible for all the revenue growth, all the assets and liabilities, and responsible for guiding the company.
A commercial bank sells a treasury bond to the federal reserve for $100,000. (assume that all proceeds from this bond sale are lent out) the money supply: is unaffected by the transaction. increases by $100,000. decreases by $100,000.
When a commercial bank sells a treasury bond to the Federal Reserve amounting to $100,000, the money supply increases by $100,000. In this case, the commercial bank who sold the treasury bond with cash will be able to increase the economy’s money supply because there is an exchange of bond and cash between the bank and the Federal Reserve.
It is believed that gpa (grade point average, based on a four point scale) should have a positive linear relationship with act scores. given below is the technology output for predicting gpa using act scores based a data set of 8 randomly chosen students from a university. what are the decision and conclusion on testing whether there is any linear relationship at 1% level of significance between gpa and act scores?
With only 8 data points, the analysis may not be very robust, and it is always essential to consider the context and limitations of the data when interpreting the results.
To determine whether there is a linear relationship between GPA and ACT scores at the 1% level of significance, you would typically perform a hypothesis test. In this case, you have a data set of 8 randomly chosen students from a university, and you want to test if there is a significant linear relationship between GPA and ACT scores.
The hypothesis test for a linear relationship is typically framed as follows:
Null Hypothesis (H0): There is no linear relationship between GPA and ACT scores.
Alternative Hypothesis (Ha): There is a linear relationship between GPA and ACT scores.
To conduct this hypothesis test, you would use a statistical method like linear regression. Linear regression helps determine whether there is a linear association between two variables and provides insights into the strength and direction of the relationship.
After running the regression, you would examine the p-value associated with the coefficient for the ACT scores. The p-value represents the probability of observing the data if the null hypothesis were true. If the p-value is less than or equal to the significance level (1% in this case), you would reject the null hypothesis and conclude that there is a significant linear relationship between GPA and ACT scores.
The specific decision and conclusion depend on the p-value obtained from the regression analysis. Here are the general steps for making the decision and conclusion:
1. Run the linear regression to predict GPA using ACT scores.
2. Examine the p-value associated with the coefficient for the ACT scores in the regression output.
3. Compare the p-value to the significance level (1%).
4. If the p-value is less than or equal to 0.01 (1%), reject the null hypothesis.
5. Conclude that there is a significant linear relationship between GPA and ACT scores at the 1% level of significance.
6. If the p-value is greater than 0.01 (1%), fail to reject the null hypothesis.
7. Conclude that there is insufficient evidence to suggest a significant linear relationship between GPA and ACT scores at the 1% level of significance.
To know more about data:
https://brainly.com/question/33625528
#SPJ2
The manufacturing overhead budget at pendley corporation is based on budgeted direct labor-hours. the direct labor budget indicates that 7,700 direct labor-hours will be required in august. the variable overhead rate is $7.90 per direct labor-hour. the company's budgeted fixed manufacturing overhead is $147,840 per month, which includes depreciation of $24,930. all other fixed manufacturing overhead costs represent current cash flows. the company recomputes its predetermined overhead rate every month. the predetermined overhead rate for august should be:
_____ is a sales practice that involves building, maintaining, and enhancing interactions with customers in order to develop long-term satisfaction through mutually beneficial partnerships.
a. price-based selling
b. adaptive selling
c. relationship selling
d. stimulus-response selling
Highland green is a group of luxury hotels that caters exclusively to high-end customers who form a small part of the market. the hotel has incorporated all possible luxuries to satisfy these customers. the marketing approach employed by highland green best exemplifies: mass marketing. niche marketing. the contingency approach. the total-marketing approach. multi-segment marketing.
List the steps of the decision making process with the first step on top
Making sound decisions is a skill that must be honed. It is not something we are born with, but rather a step-by-step process that is usually learned via life experience.
Write about a good Decision-making process?When making a decision, there are numerous steps that can be done; however, when making smart decisions, only five processes must be considered. These are the actions to take:
Step 1: Determine Your Goal
Step 2: Collect Data for Evaluating Your Options
Step 3: Think About the Consequences
Step 4: Make a Choice
Step 5: Assess Your Choice
For more information about Decision making refer to the link:
https://brainly.com/question/13244895
The state tax Patrick must pay on the initial profit is .
Answer:
The state tax Patrick must pay on the initial profit is $346.25.
The federal tax he must pay on the initial profit is $1,731.25.
The inflation on the amount remaining after taxes is $145.43.
As a result, the real value of Patrick's profit in whole dollars is $4,702.
Explanation:
cause yes
Which method does not deduct residual value in calculating depreciation expense?
A. Straight-line method
B. Units-of-production method
C.Declining-balance method
D. None of these
E. All of these
Depreciation is described in accounting as the systematic decrease of the recognized cost of a fixed asset until the asset's value is zero or inconsequential.
What is the Double declining balance method?The lowering balance technique, also known as the double-declining balance depreciation (DDB) method, is one of two main methods used by businesses to account for the expense of a long-lived asset.
In contrast to straight-line depreciation, which uses the same amount of depreciation each year over the usable life of an asset, the double declining balance degradation methodology is an accelerated depreciation method that counts as a cost sooner.
Thus, Option D is correct as is Double declining balance method is not given in options.
For more information about is Double declining method refer to the link:
https://brainly.com/question/15712081
A random sample of 16 students selected from the student body of a large university had an average age of 25 years and a standard deviation of 2 years. we want to determine if the average age of all the students at the university is significantly more than 24. assume the distribution of the population of ages is normal. using α = .05, it can be concluded that the population mean age is
The chart shows the pricing history for two items. Which person saved the most money by buying a product at the right time?
Answer:
Marlene, who waited six months to buy a phone
D
Explanation:
The purposes of sending an application or résumé follow-up message to an employer include jogging the memory of the hiring manager, showing your serious interest in the position, and setting a deadline for the employer to offer you the position. sending a personal note to the receptionist, who often helps make the final decision. emphasizing your qualifications or adding new information. sharing your photograph to match your qualifications to your face.
7. The way to properly lift an item is:
A) Squat down close to the item with your back arched, knees locked, and stomach muscles relaxed
B) Lift and stand up slowly, keeping your back straight and letting your legs do the lifting.
C) Grip the item loosely with your fingers
D) Stand at a distance from the item on your tiptoes with your heels touching.
The answer is: B) Lift and stand up slowly, keeping your back straight and letting your legs do the lifting.
Failing to control the speed of your lifting and maintaining proper posture could cause you to suffer from muscle strains. In worse case scenario, muscle strains is not only your problem. Since areas that hurt from lifting accidents could be located around your lumbar, it can even damage your ability to walk.
What type of work is growing fastest in the united
states
Answer:
information-related
Explanation:
If you're paying a bill for the office that has "5%, 10 days" stamped across it, how much would you write a check for if you were paying a $100 bill 6 days from the date of invoice? A. $90 B. $95 C. $105 D. $100
Which of the following statements about knowledge is true?
Data and information are the same as knowledge.
Knowledge resides in information.
Knowledge is the understanding that one gains from information.
Knowledge is easier to acquire than data and information.
All of these statements about knowledge are true.
Knowledge is the understanding or perception one gains from information, which is an interpreted or organized form of raw data. This means knowledge resides in information, but it is not the same as data or information.
Explanation:The correct answer is 'Knowledge is the understanding that one gains from information'. Knowledge, data, and information all are interconnected concepts but they don't refer to the same thing. Data is raw, unorganized facts or details. When these data are processed, organized or interpreted, they become information. Knowledge, on the other hand, is the understanding or awareness one gains from interpreting or analyzing information. It involves perception, context, and experience. Therefore, it can be said that knowledge resides in information but it's not the same as information or data.
Learn more about Knowledge here:https://brainly.com/question/28025185
#SPJ3
asap please if your company introduces a product as a temporary high price and intends to lower the price later, you are using what type of pricing strategy
A. penetration pricing
B. promotional pricing
C. price skimming
D. unit pricing
Suppose a customer is the one who randomly selects and then purchases the four apples. if an apple is damaged, the customer will complain. to keep the customer satisfied, the store has a policy of replacing any damaged item (here the apple) and giving the customer a coupon for future purchases. the cost of this program has, through time, been found to be c
Which career pathway performs the tasks of rescuing people and giving first aid, writing parking tickets, and catching stray animals?
A) Security and Protective Services
B) Legal Services
C) Corrections Services
D) Emergency and Fire Management Services
The career pathway that performs the tasks of rescuing people and giving first aid, writing parking tickets, and catching stray animals is Emergency and Fire Management Services. The correct option is D.
What is the role of emergency services?People's rescue and lifesaving. property defense and deflationary control. other specialized services, such as flood/water rescue services, being rendered. where the use of equipment and personnel from the fire department is appropriate, to aid people.
Emergency and Fire Management Services is a career pathway that involves a range of tasks related to public safety and emergency response. This career pathway is primarily focused on responding to emergency situations such as fires, natural disasters, accidents, and other incidents that require immediate assistance.
Thus, the ideal selection is option D.
Learn more about emergency services here:
https://brainly.com/question/17257100
#SPJ3
The term "junk e-mails" refers to ______________.
a. unsolicited e-mail offers from people you don't know and with whom you have no dealings
b. e-mails that are frivolous, such as jokes passed among colleagues.
c. e-mails that are ostensibly of a business nature but that are ineffective and accomplish no useful purpose.
d. e-mails that have already been red but that have not been deleted and so remain in the system.