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2 years ago

John d. rockefeller stands out among nineteenth-century business leaders because of his?

1 answer:

5 0

John d. Rockefeller stands out among nineteenth-century business leaders because of his innovative organization called vertical integration.

<h3>What is vertical integration?</h3>

Vertical integration is a procedure that entails acquiring corporate operations in order to produce the same thing.

When a business chooses vertical integration, they typically have control over some phases of product production and delivery.
Vertical integration can also be defined as the union of businesses engaged in the same line of work but at various stages of production or distribution.
For instance, because it involves many phases in its business, Amazon might be classified as one of the organizations with vertical integration.
In addition to acting as a platform for buyers and sellers, Amazon also has its own distribution network and sells some of its own goods and services.

To learn more about vertical integration, visit:

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Niles believes that the reports are true and does not intend to deceive Prime Business, but does not check the reports before ce

Archy [21]

The complete question is:

Niles, an accountant, certifies several audit reports on Optimal Operational Processes, Inc., Nile's client, knowing that the company intends to use the reports to borrow money from Prime Business Lending Company to buy new equipment. Niles believes that the reports are true and does not intend to deceive Prime Business, but does not check the reports before certifying them. Can Niles be held liable to Prime Business?

Answer:

Yes can be held liable

Explanation:

An accountant that certifies audits of a company is expected.to do his due diligence. In this scenario Niles believed that the reports are true without checking them.

This is an act of negligence on Nile's part and he can be held liable for damages resulting from the oversight.

The certified audit report is not only being used by Prime business but other third parties like investors and other stakeholders. Any of these can hold Mike's liable for any misleading information in the audit reports

6 0

3 years ago

Sleep master, inc. manufactures bedding sets. the budgeted production is for 57,000 comforters in 2013. each comforter requires

pentagon [3]

Answer:

Total Material cost = $507,000

Explanation:

Material budget shows the total budgeted material cost for a specific period.

Sleep master, inc.

Direct Material Budget

December 31, 2013

Budgeted production units 57,000

yards required per comforter × 6

Materials needed for production = 342,000 yards

Add: Ending Material Inventory = 27,000 yards

Total Material units required = 369,000 yards

Less: Beginning Materials = (31,000) yards

Material used = 338,000 yards

Cost per yard × $1.50

Total Material cost = $507,000

5 0

3 years ago

Assuming a 21 percent marginal tax rate, compute the after-tax cost of the following business expenses: $5,800 premium on busine

geniusboy [140]

Answer:

a) $4,582 b) $1,400 c) $3,900 d) $52,000 e) $7,160

Explanation:

The assumption is that the marginal tax rate is 21%

Therefore,

a) Calculate the after tax cost on $5,800 premium on business property and casualty insurance

First, it should be noted that the insurance premium on business property and casualty is tax deductible therefore, the calculation is as follows

$5,800 - ($5,800 x 0.21)

= $5,800 - $1,218

= $4,582

b) $1,400 fine paid for business entertainment

The fine paid on business entertainment is not tax deductible hence the after tax cost remains $1,400

c) $3,900 premium on key-person life insurance

Life insurance premium is not tax deductible, therefore the after tax cost remains $3,900

d) $52,000 political contribution

This political contribution is also not tax deductible, the after tax cost remains $52,000

e) $8,000 client meals

The congress has only allowed a deduction of 50% of most business meals

Therefore

$8,000 - ($4000 x 0.21)

$8,000- 840

=$7,160

6 0

3 years ago

Dane works as a sales representative for the Better Butter Company. He is about to meet with his manager to review his progress

serious [3.7K]

Answer:

Management by objectives(MBO).

Explanation:

Management by objectives is a management model whose aim is to improve the performance of an organization by directing eack worker on things that should be done in the workplace. It helps the employees to understand their various duties and roles in the organization as it clearly defines the responsibility of each worker.

Management by objectives ensure proper communication between each and every one of the employees in the organization thereby leading to commited and inspired workers who are willing to work together for the success and growth of the company.

3 0

3 years ago

Read 2 more answers

When you call your computer manufacturer for technical support, you aren't surprised by the lilting accents of the technicians b

Natasha_Volkova [10]

You will often receive a technician with a different accent at a call center because the practice called diversity. It is commonplace for all or most companies to exercise what is called equal employment opportunities. Through operating call centers in other countries, companies are not only creating a diverse environment, they are enabling people and consumers who may speak different languages to be able to communicate with technicians of different cultural backgrounds.

6 0

3 years ago