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1 year ago

mandated reporting laws for child abuse and neglect are the same for public and private organizations

1 answer:

4 0

Both governmental and private entities must report child abuse and neglect in accordance with the law. Failure to report suspected abuse by a mandatory reporter might result in up to 6 months in jail and/or a $1,000 fine.

Mandatory reporting refers to the Reporting Party's duty to file reports on behalf of the Client, who serves as its counterparty, in accordance with the Mandatory Reporting Provisions.

Mandatory reporting is the legal requirement for certain kinds of persons to notify the appropriate authorities when they suspect child abuse or neglect.

Mandatory reporting is intended to safeguard kids from child abuse and neglect as a matter of public policy. A society without a mandated reporting system, according to Mathews and Bross (2008), will be much less able to safeguard children and support families since many instances of child abuse and neglect will go unreported.

Learn more about mandated reporting here

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The purchasing agent of an organization acquired some raw materials at a bargain price, even though she knew that their quality

pshichka [43]

Answer:

So a favorable material price variance might be more than offset by an adverse usage variance

Explanation:

Material price variance

A material price variance occurs where materials are purchased at a price either lower or higher than the standard price. A favourable variance is recorded where the actual total cost of materials of a given quantity is lower that the standard cost. While an adverse variance implies the opposite

Material usage variance

A material usage variance occurs when the standard quantity required to active a particular level of production is higher or lower than than the actual actual quantity used. A favorable variance would mean than less quantity of materials were used than the standard to achieve a given output level. And an adverse variance would mean the opposite

Relationship between Usage variance and Price variance

Where savings are made from purchase of cheap and inferior quality materials these might lead to an adverse usage variance by a greater value .This is so because workers might need to use a larger quantity ( more than the standard required) of a low-quality materials to achieve production.

So a favourable material price variance might be more than offset by an adverse usage variance

5 0

4 years ago

Read 2 more answers

If the nominal exchange rate between the US dollar and the Canadian dollar is C $ 0.89 to the US dollar, how many dollars is req

Olin [163]

Answer:

1) 2.8 USD

2)There are several methods:

1) Modifying Reserve Requirements

2) Changing Short-Term Interest Rates

3) Conducting Open Market Operations

Explanation:

I) First of all, the nominal exchange rate describes how much foreign currency can be exchanged for a unit of domestic currency, but the real exchange rate indicates how much the goods and services in the domestic country can be exchanged for the goods and services in a foreign country.

If 1USD=0.89CAD, then 1 CAD=1/0.89=1.12USD

Then 2.5 CAD = 2.5*1.12= 2.8 USD so we will need 2.8 USD to get 2.5 CAD.

II) As we know, the movement of the money supply is the responsibility of the monetary policy activities by central banks. There are several methods:

1) Modifying Reserve Requirements: means that it is possible to influence by modifying the reserve requirements to increase or decrease the money supply. More deeply, this modification refers to the amount of funds banks have to keep against deposits in bank accounts. By lowering the reserve requirements, banks are able to loan more money, which grow the overall supply of money in the economy. Conversely, by increasing the banks' reserve requirements, it will be possible to decrease the size of the money supply.

2) Changing Short-Term Interest Rates: means that it is possible to change the interest rates in short terms to alter the money supply. It’s all about the changing the discount rates. By lowering the rates, it is possible increase the money supply and boost economic activity.

3) Conducting Open Market Operations: means that it is possible to increase or decrease the money supply conducting open market operations, which affects the funds rate. So the authority who deals with the monetary policy buys and sells government securities in the open market. If the authority wants to increase the money supply, it will purchase government bonds as a result this supplies the securities dealers who sell the bonds with cash, increasing the overall money supply. However, if the authority wants to decrease the money supply, it will send bonds from its account, thus taking in cash and removing money from the economic system as a result, adjusting the funds rate is a heavily anticipated economic event.

3 0

4 years ago

Find the final amount of money in an account if $ 8 , 000 is deposited at 5 % interest compounded semi-annually and the money is

Vika [28.1K]

Answer: $12477.27

Explanation:

The formula to find the compound amount after t years (compounded semiannually) :-

$A=P(1+\dfrac{r}{2})^{2t}$

Given : Principal amount : P = $ 8,000

Rate of interest : $r=0.05$

Time : 9 years

Now, $A=8000(1+\dfrac{0.05}{2})^{2\times9}$

$A=8000(1+0.025)^{18}=12477.2697417\approx\$12477.27$

The final amount in the account will be $12477.27

5 0

3 years ago

Which of the following jobs typically requires an associate’s degree?

nikdorinn [45]

Fashion merchandising

6 0

3 years ago

The first known application of marketing research to a business marketing/advertising problem was conducted by:

ehidna [41]

Answer:

An advertising agency.

Explanation:

N. W. Ayer & Son was a Philadelphia advertising agency that was formed in 1869 and was the first advertising agency that created various notable slogans and founded by the Francis W.A, and they worked in groups knows as the creative teams.

7 0

3 years ago