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Softa [21]
2 years ago
7

career cluster consisting of six pathways: management; business financial management and accounting; human resources; business a

nalysis; marketing; administration and information support
Business
1 answer:
Nata [24]2 years ago
5 0

The six career tracks that make up the business management and administration career cluster are general management, business information management, human resources management, operations management, accounting, and administrative support.

<h3>What is business management and Business administration?</h3>

Business administration, which is sometimes focused on certain industries, concentrations, or job titles within a corporation, is the study of business as it relates to operations and leadership. Students can prepare for a range of jobs within a company by earning a degree in business administration, which provides leadership and analytical skills essential to the current corporate world. Concentrations on a particular industry or job, such human resource management or healthcare, are available for some business administration degrees.

Business management is the process of setting up and overseeing a company's resources, such as its employees, finances, and information. The core function of business management is to oversee both small- and big-project teams.

To know more about business administration and management visit:

brainly.com/question/15249057

#SPJ4

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Suppose ABC Bank offers to lend you $1,000 at a nominal rate of 8%, compounded monthly. The loan (principal plus interest) must
Alchen [17]

Answer:

The difference in the effective annual rates charged by the two banks is:

0.7%.

Explanation:

a) Data and Calculations:

ABC Bank lending = $1,000

Rate of interest = 8% compounded monthly

Effective monthly rate of interest = 8%/12 = 0.667

FV (Future Value) $1,083.00

PV (Present Value) $1,000.00

N (Number of Periods) 12.000

I/Y (Interest Rate) 0.667%

PMT (Periodic Payment) $0.00

Starting Investment $1,000.00

Total Principal $1,000.00

Total Interest $83.00

Effective annual interest rate = $83/$1,000 * 100 = 8.3%

Bank XYZ lending = $1,000

Rate of interest = 9% annually

FV (Future Value) $1,090.00

PV (Present Value) $1,000.00

N (Number of Periods) 1.000

I/Y (Interest Rate) 9.000%

PMT (Periodic Payment) $0.00

Starting Investment $1,000.00

Total Principal $1,000.00

Total Interest $90.00

Effective annual interest = 9%

Difference in rates = 9% - 8.3% = 0.7%

b) Bank XYZ charges more interest by 0.7% thank ABC Bank.

7 0
3 years ago
On January 1, 2021, G Corporation agreed to grant all its employees two weeks paid vacation each year, with the stipulation that
Julli [10]

Answer: $20,000

Explanation: This question deals with Compensated Absence.

A compensated absence refers to paid holidays and other paid time off. According to accounting principles, expenses are recognized in the same period they are incurred. When it comes to compensated absences that are deferred to a later year (or period), the amount must be recorded as a liability in the year they are incurred.

Because of this, $40,000 (an average of $800 per week for a total of 500 vacation weeks) will be charged to 2021 expense as a liability.

The amount of salaries expense related to 2022 compensated absence is the average 5% pay rise in 2022.

The amount is therefore 5% X $800 X  500 weeks = $20,000

6 0
3 years ago
An apparel manufacturing plant has estimated the variable cost to be $3.30 per unit. Fixed costs are $1,800,000 per year. Forty
erica [24]

Answer:

$15.30

Explanation:

Given that,

Fixed costs = $1,800,000 per year

Variable cost = $3.30 per unit

40% of its business is with one preferred customer.

Total units sold in a year = 150,000

Unit cost per item:

= (Fixed cost ÷ Total units sold) + Variable cost per unit

= ($1,800,000 ÷ 150,000) + $3.30

= $12 + $3.30

= $15.30

Therefore, the unit cost per item is $15.30.

4 0
3 years ago
If jjones withdraws 50000 from her personal account and deposits cash into a business account how to know 2hich accts to put in
Lina20 [59]

Answer:

The actions to write in the ledger are two.

Explanation:

When Jones withdraws from his personal account he is making a debit action, which indicates that this asset is decreasing and when that money is deposited to a commercial account he is making a credit action, which indicates that this asset is growing.

3 0
3 years ago
The following totals for the month of April were taken from the payroll register of Magnum Company. Salaries $12,000 Social Secu
Novosadov [1.4K]

Answer:

d. credit to Salaries Payable for $8,600

Explanation:

<em>The journal entry would be as follows.</em>

Magnum Company

Payroll Journal

Particulars                            Debit                    Credit

Salaries                       $12,000  Debit

Federal Income taxes withheld                       2,500 Credit

Social Security & Medicare taxes withheld      900 Credit

Salaries Payable                                               $8,600 Credit

Unemployment taxes are paid by the employer . They are not deducted from the employees' wages . They include both the federal and state taxes.Social Security & Medicare taxes withheld $ 900 include the  Social Security & Medicare taxes  $ 900.

6 0
3 years ago
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