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Sever21 [200]
2 years ago
14

When employers use diplomas and degrees to determine who is eligible for jobs, even through the diploma or degree may be relevan

t to the actual work, it becomes a ________ society.
Business
1 answer:
iVinArrow [24]2 years ago
7 0

When employers use diplomas and degrees to determine who is eligible for jobs, even though the diploma or degree may be relevant to the actual work, it becomes a Credential Society.

<h3>What is a diploma?</h3>
  • A diploma is a record given by a school attesting that the holder has graduated after completing their academic programs.
  • Historically, it has also been used to refer to a diplomatic charter or formal document.
  • A testamur, which is Latin for "we testify" or "certify," may also be used to refer to the diploma this term is frequently used in Australia to refer to the document certifying the award of a degree.
  • Alternatively, this document may be referred to as parchment, a degree certificate, or a certificate of graduation.
<h3>What are degrees?</h3>
  • A qualification given to students upon successful completion of a course of study in higher education, typically at a college or university, is known as an academic degree.
  • These institutions frequently provide a variety of degrees, typically including bachelor's, master's, and doctoral degrees, frequently in addition to other academic certificates and professional degrees.
  • The bachelor's degree is the most popular undergraduate degree, while in some nations there are lower level higher education credentials that are also labeled degrees.

Learn more about diploma here:

brainly.com/question/18875360

#SPJ4

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7 0
3 years ago
Assuming the average person works 50 weeks per year, median earnings of a college graduate are $56,850 per year compared to $33,
Drupady [299]

Answer:

a. over 100,000

b. is more than 8 times

Explanation:

a.

Cost of four-year bachelor degree = Actual cost + opportunity cost

And

Actual cost = amount spent

opportunity cost = amount lost in not doing job just after high school  

So ,

opportunity cost would be the 4 year salary of a high school graduate.

∴

Opportunity cost = 4 * yearly income of high school graduate

                             = $ 4 * 33900

                             = $ 135,600

Actual cost = 4 * yearly cost to attend college

                    = $ 4 * 25,290

                    = $ 101,160

As,

Total cost =  Actual cost + opportunity cost

                 = $ 101,160 + 135,600

                = $ 236,760

b.

Lifetime gain in pursuing bachelor degree over high school = life time earning of bachelor - lifetime earning of high school graduate

= 2,444,500 - 1,593,300 = 851,200 $

Hence,

the expenses of obtaining a bachelor degree is worth it because the increase in lifeime earning exceeds cost. [ cost = 236,760 $ , gain = 851,200 $ ]

So,

The expense of obtaining a bachelor's degree worth it because the increase in lifetime earnings is more than 8 times the cost

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Exsplain gross premium
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The gross premium is the total premium paid by the policy owner, and generally consists of the net premium plus the expense of operation minus interest

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4 years ago
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Today is the most important function of the federal reserve system is
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Answer:

D

Explanation:

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Atkinson Construction assembles residential houses. It uses a job-costing system with two direct-cost categories (direct materia
Amiraneli [1.4K]

Answer:

Explanation:

Normal costing Actual costing

Assembly support cost $8,800,000 $8,400,000

Direct labor hours 220,000 200,000

Indirect Cost Rate $40 per DLH $42 per DLH

2.

Normal Costing Laguna Model Mission Model

Construction period Feb-June 2017 May-0ct 2017

Direct material costs $106,550 $127,450

Direct labor costs $ 36,250 $41,130

Direct labor-hours 970 1,000

Assmebly support cost $38,800

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Total job cost $181,600 $208,580

Actual Costing Laguna Model Mission Model

Construction period Feb-June 2017 May-0ct 2017

Direct material costs $106,550 $127,450

Direct labor costs $ 36,250 $41,130

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Total job cost $183,540 $210,580

Companies now do prefer normal costing than the actual costing, reasons are that the overhead rates are been known from the beginning of the year which is important for giving price estimates and checking the profitability of jobs.

5 0
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