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2 years ago

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Business

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katovenus [111]2 years ago

7 0

Pierre engaging in such actions is known as rationalizing.

When a person rationalizes a decision they:

Try to prove that what they did isn't bad
Come up with some sort of reasoning to support their decision

Pierre is clearly doing something wrong here by increasing expenses more than they are supposed to be. He however convinces himself that what he is doing is not bad because no one will notice.

He is therefore coming up with reasons to prove that what he is doing is not bad and we can conclude based on this fact that he is engaged in rationalizing his behavior.

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In comparison with a financial statement prepared in conformity with generally accepted accounting principles, a managerial acco

adell [148]

Answer:

Be tailored to the specific needs of an individual decision maker.

Explanation:

A managerial account report is more likely to be tailored to the specific needs of an individual decision maker. This is usually In comparison with a financial statement prepared in conformity with generally accepted accounting principles,

The managerial account lays its focus on specific needs which the decision maker needs.

It doesn't do any of theses;

Focus upon the operating results of the most recently completed accounting period neither does it View the entire organization as the reporting entity.

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3 years ago

States request assistance from other states through interstate mutual aid and assistance agreements such as:

egoroff_w [7]

States request assistance from other states through interstate mutual aid and assistance agreements such as Emergency Management Assistance Compacts (EMACs)

Explanation:

EMAC, Emergency Management Assistance Compact-all aspects of mutual assistance compact which is at the core of the nation's program of mutual aid.

Since the 1950 Civil Defense and Disaster Treaty signed by the US, EMAC is the first treaty national disaster relief international. Convention. Convention. In 1996, 50 states have passed laws to become EMAC participants in their adoption and signing into statute, Columbia, Puerto Rico, Guam, US Virgin Islands and the Northern Mariana Islands.

A flexible and clear program allowing states to send personnel, supplies and resources to help in response and rehabilitation in other states provides assistance in Governor-declared emergencies or disaster areas.

8 0

3 years ago

What elements of the marketplace in which megatech operates led the firm to believe that project management would improve its op

Mariana [72]

International competitors suddenly appear in greater numbers as a result of the mentioned changes in trade agreements, Megatech now needs to contend with more and new competitors.

<h3>In terms of the marketplace there are three primary types of companies?</h3>

There are three main categories of businesses in the market

international businesses, multinational businesses, and transnational businesses.

International businesses only import and export; they do not have any investments abroad.

Although multinational corporations have offices or facilities in several different nations, each one operates independently, basically as a separate legal entity.

Organizationally, multinational corporations are far more complex. It is a commercial enterprise that runs big facilities, conducts business internationally, and does not identify with any particular nation as its national home. A multinational company's ability to maintain a higher level of responsiveness to the local market is one of its key advantages.

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3 0

2 years ago

On January 1, 2017, Sheridan Company had a balance of $417,000 of goodwill on its balance sheet that resulted from the purchase

Thepotemich [5.8K]

Answer:

patent 301,350 debit

cash 301,350 credit

franchise 633,600 debit

cash 633,600 credit

development expense 189,000 debit

cash 189,000 credit

year-end adjustment:

amortization expense 50,225 debit

patent 50,225 credit

amortization expense 31,680‬ debit

patent 31,680‬ credit

Explanation:

The patent and franchise will be activate as there is a certain possibility to produce positive cashflow in the future.

They will be adjusted at year-end for amortization:

301,350 / 6 = 50,225 amortization on patent

633,600 / 10 = 63,360 amortization on franchise

As it was concede on July 1st then, we will do half-year

63,360 / 2 = 31,680‬

The development cost will be treated as expense as there is no precise information that can determined the development cost which yield a positive outcome.

8 0

3 years ago

Flannery Company, a manufacturer of small appliances, had the following activities, allocated costs, and allocation bases:

VashaNatasha [74]

Answer:

Cost per letter for the correspondence activity= $ 8.75

Explanation:

Flannery Company

Given

Activities Allocated Costs Allocation Base

Account inquiry (hours)$ 77, 000 2,600 hours

Account billing (lines) $ 38, 000 19,000 lines

Account verification (accounts) $ 20,000 30,000 accounts

Correspondence (letters) $ 14,000 1, 600 letters

Activities Northeast Office Midwest Office

Account inquiry (hours) 100 hours 200 hours

Account billing (lines) 10,000 lines 9,000 lines

Account verification (accounts) 1 ,000 accounts 650 accounts

Correspondence (letters) 50 letters 110 letters

Calculations

Cost per letter for the correspondence activity= Total Correspondence/ Total No of letters

Cost per letter for the correspondence activity= 14000/1600= 8.75

Cost per letter for the correspondence activity= $ 8.75

We divide the activity cost with the corresponding cost driver to get the cost per unit of activity.

4 0

3 years ago