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igomit [66]
1 year ago
14

jacob, ceo of ai corporation, believes that his company must use its power responsibly in society or risk losing it. jacob is ut

ilizing which rationale for valuing social responsibility? group of answer choices
Business
1 answer:
crimeas [40]1 year ago
4 0

Jacob, CEO of a corporation, believes that his company must use its power responsibly in society or risk losing it. Jacob is utilizing an Ethical rationale for valuing social responsibility. Thus the correct answer is C.

<h3>What is Ethical responsibility?</h3>

The capacity to understand, evaluate, and behave in conformity with a variety of moral teachings and norms within a certain industry or situation is known as ethical responsibility.

The ethical responsibility aims to deal with those concerns and challenges relating to business people's devotion to their companies and to their clients. In this case, Jacob the CEO is also doing the same.

Therefore, option C is appropriate.

Learn more about responsibility, here:

brainly.com/question/14690011

#SPJ4

"Your question is incomplete, probably the complete question/missing part is:"

Jacob, CEO of AI Corporation, believes that his company must use its power responsibly in society or risk losing it. Jacob is utilizing which rationale for valuing social responsibility?

A. Pragmatic

B. Regulatory

C. Ethical

D. Philanthropic

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Employees earn vacation pay at the rate of one day per month. During the month of July, 28 employees qualify for one vacation da
Stells [14]

Answer:

$2884

Explanation:

Given that:

  • 28 employees qualify for one vacation day each
  • Average daily wage is $103 per day

So he amount of vacation benefit expense to be recorded for the month of July:

= number of employees * average daily wage

= 28*$103  

= $2884

7 0
2 years ago
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_____________ is by far the most popular target for american franchisors seeking to establish franchises in other countries.
Ostrovityanka [42]
Canada is by tar the most popular target for american franchisors seeking to establish franchises in other countries. Canada is a great market for franchisors because it's close/easy to travel to. They have a large market and are similar to the U.S. with their expansion and growth as an economy. 
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3 years ago
Requirement 3. Explain the accuracy of the product costs calculated using the simple costing system and the ABC system. How migh
Novay_Z [31]

Answer:

Explanation:

DIFFERENCES BETWEEN ACTIVITY-BASED (ABC) AND SIMPLE COSTING SYSTEMS

The major differences relate to the two-stage allocation process. In the first stage, simple costing system allocates indirect costs to cost centers (normally departments), whereas activity-based systems allocate indirect costs to cost centres based o activities rather than departments. Since there are more activities than departments a distinguishing feature is that activity-based system will have a greater number of costs centres in the first stage of the allocation process. in the second stage, simple costing system uses a limited number of different types of second stage volume based and non-volume-based cause-and-effect second stage drivers.

SIMPLE COSTING SYSTEM CAN PROVIDE MISLEADING INFORMATION FOR DECISION MAKING DECISIONS

The system tends to rely on arbitrary allocations of indirect costs, they rely on volume-based allocations. If volume-based allocation is used, high volume products are likely to be assigned with greater proportion of indirect cost than they have consumed, whereas low volume products will be assigned will be assigned a lower proportion. in these circumstances simple costing system will over cost high volume products and under costs low volume products. In contrast ABC system recognize that many indirect costs vary in proportion to changes to changes other than production volume.by identifying the cost drivers that cause the costs to change and assigning cost to cost objects on the basis of cost driver usage, costs can be more accurately traced . it is believed the cause-and effect relationship provides a superior way of determining relevant costs.

FOUR STAGES INVOLVED IN DESIGNING ABC

• identify the major activities that take place in an organisation

• Create a cost centre/cost pool for each activity

• Determine the cost driver for each major activity

• Trace the cost of activity to the product according to a products demand (using cost drivers as a measure of demand) for activities

ABC COST HIERARCHY

ABC cost hierarchy classifies activities along a cost hierarchy consisting of unit-level, batch-level, product sustaining, and facility-sustaining product. Unit level activities are performed each time a unit other product or service is produced. Examples include direct labour costs. Batch level activities are performed each time a batch is produced. Examples include setting up a machine or processing a purchase order. product sustaining activities are performed to enable the production and sale of individual product. Examples include the technical support provided for individual products and the resources required for performing product enhancement. Facility sustaining activities are performed to support the facility’s process. They include general administrative staff.

ABC PROFITABILITY ANALYSIS HIERARCHY

Categorizes costs according to their variability at different hierarchical levels to report different hierarchical contribution level. At the final level,  

Facility or business-sustaining costs are deducted from the sum of product contributions to derive a profit at a business level unit.  

The aim is to assign all organizational expenses to a hierarchical or organizational level where cause-and-effect cost assignment can be established so that arbitrary apportionments are non-existent.

5 0
2 years ago
What should you expect to get from your insurance company in exchange for your premium?
Sergeu [11.5K]

Answer:

see below

Explanation:

Premiums are the regular payments the insured pays to the insurance company for insurance coverage. By paying premiums, the insurance company agrees to compensate the insured for any financial loss resulting from the risk covered by the insurance contract.

Premiums are the cost of insurance.  The customer pays premiums while the insurances undertake the risk stated in the policy documents. Should the customer suffer damages, injuries, or financial loss, the insurance companies compensate the customer as per the terms stated in the insurance contract.

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2 years ago
Question 6 of 10
Fiesta28 [93]

Answer: A

Explanation: Apex

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