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3 years ago

Below is the simple process model. What development activity would you choose to add first to this process and why?

1 answer:

5 0

In the given Simple Model, I would like to add Requirements Gathering and Analysis after the Problem Statement. Because we know the problem description and we need to derive the requirements using the given data.

<h3>What exactly does "process modeling" mean?</h3>

Business processes or workflows are represented graphically in process modeling. Similar to a flow chart, each stage of the process is broken down so that a complete picture of the tasks involved in it within the context of the business environment is available.

A process model enables business processes to be visualized, helping firms better understand their internal business processes and manage and improve them. This is typically a flexible exercise for ongoing development.

What advantages does process modeling have?

Business processes are given a visual representation through the process modeling method, making it easier for users to analyze them and determine how they might be improved. Process modeling also has additional advantages, such as:

Increased effectiveness
Gain transparency
Ensure best practices
Develop comprehension
Business orchestration.

Learn more about business with the help of the given link:

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Why does Staples participate in Anti-Money Laundering Compliance?

Temka [501]

The main reason why Staples participates in Anti-Money Laundering Compliance is to prevent illegal activity and terrorism

Based on the given question, we can see that money laundering is a federal offense which is punishable by law and is aimed at preventing money fraud whereby large sums of (illegal) money are moved from one place to another, usually to finance other illegal activities.

With this in mind, Staples which is a US Online Store which sells business essentials such as computers, printing services, etc engage in the Anti-Money Laundering Compliance so as to prevent illegal activity and terrorism

Therefore, the correct answer is option B

Read more about money laundering here:

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4 0

3 years ago

Inventory Valuation under Absorption Costing Amiens Company produced 20,000 units during its first year of operations and sold 1

katen-ka-za [31]

Answer:

Required 1

Direct Materials Cost = $4.00

Direct Labor Cost = $5.07

Variable Overhead Cost = $0.78

Fixed Overhead Cost = $2.73

Required 2

Unit Cost = $12.58

Required 3

Units in Ending Inventory = 1,100

Required 4

Cost of ending inventory = $13,838

Explanation:

Unit Cost Calculations :

Direct materials = $ 80,000 ÷ 20,000 units

= $4.00

Direct labor = $101,400 ÷ 20,000 units

= $5.07

Variable overhead = $15,600 ÷ 20,000 units

= $0.78

Fixed overhead = $54,600 ÷ 20,000 units

= $2.73

Unit Cost (Absorption Costing) = All Manufacturing Costs

= $4.00 + $5.07 + $0.78 + $2.73

= $12.58

Units in Ending Inventory = Opening Inventory Units + Production - Sales

= 0 + 20,000 units - 18,900 units

= 1,100

Cost of ending inventory = Unit Cost × Units in Ending Inventory

= $12.58 × 1,100

= $13,838

5 0

3 years ago

Suppose the United States is currently producing 100tons of hamburgers and 45tons of tacos and Mexico is currently producing 20t

katrin2010 [14]

Answer: 50 additional tons of hamburgers

Explanation:

United States opportunity costs:

Hamburger opportunity cost = 45/100 = 0.45 tons of tacos

Taco opportunity cost = 100/45 = 2.22 tones of hamburgers

Mexico opportunity cost:

Hamburger opportunity cost = 25/20 = 1.25 tons of tacos

Taco opportunity cost = 20/25 = 0.8 tones of hamburgers

US should specialize in Hamburger production because they have a lower opportunity cost.

If both countries combined production of hamburgers then the total would be:

= 100 + 20

= 120 tons of hamburgers

There is missing information on this question which is the US production of hamburgers when it produces 0 tacos. We shall assume that number to be 170 tons of hamburgers.

The total additional tons produced would be:

= US tons when producing only hamburgers - Combined hamburger production

= 170 - 120

= 50 additional tons of hamburgers

3 0

3 years ago

Flower Depot, Inc. sells a single product for $10. Variable costs are $4 per unit and fixed costs total $120,000 at a volume lev

Amiraneli [1.4K]

Answer:

Break-even point (dollars)= $600,000

Explanation:

Giving the following information:

Selling price per unit= $10

Variable costs per unit= $4

Fixed costs= $120,000

Desired profit= $240,000

To determine the sales level to achieve the desired profit, we need to use the break-even point in dollars formula:

Break-even point (dollars)= (fixed costs + desired profit) / contribution margin ratio

Break-even point (dollars)= (120,000 + 240,000) / [(10 -4)/10]

Break-even point (dollars)= 360,000/ 0.6

Break-even point (dollars)= $600,000

8 0

4 years ago

Which compounding periods will yield the lowest effective annual rate given a stated future value at year 5 and an annual percen

emmainna [20.7K]

Answer:

Annual

Explanation:

The ANNUAL compounding periods will yield the lowest effective annual rate given a stated future value at year 5 and an annual percentage rate of 10 percent

4 0

3 years ago