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77julia77 [94]
3 years ago
15

Business managers are often overly confident of their own hiring ability because they are more likely to monitor the successes o

f people they hired than the achievements of those they rejected. This illustrates that overconfidence may be facilitated by?
Business
1 answer:
dmitriy555 [2]3 years ago
4 0

Answer:

Confirmation bias

Explanation:

The reason is that the business managers who always see the one side of the story are biased because they don't see what the person whom they rejected was doing with its life and capabilities that he developed that might be the best resouce for the company. This consecutive result which forms a perception that the person is right is often called confirmation biasness.

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icang [17]

Answer: 1.3 million

because i know

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3 years ago
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Predetermined Factory Overhead Rate Exotic Engine Shop uses a job order cost system to determine the cost of performing engine r
Law Incorporation [45]

Answer:

7.7 per direct labor hour

Explanation:

Number of direct labor hours = 700,000 / 25

Number of direct labor hours = 28,000 labor hours

Overhead cost = Shop and repair equipment depreciation + Shop supervisor salaries + Shop property taxes + Shop supplies

Overhead cost = 46,100 + 128,300 + 23,300  + 17,900

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Predetermined overhead rate = Overhead cost/Direct labor hours

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3 years ago
Corona Co. is expecting to receive 100,000 British pounds in one year. Corona expects the spot rate of British pound to be $1.49
Grace [21]

Answer:

Explanation:

1st strategy : Selling pound forward

The spot rate of the pound is quoted at $1.51.

The one-year forward rate exhibits a 2.65% premium.

The one-year forward rate = 1.51 ( 1+ 0.0265)

= $ 1.55

Dollars received = 100000 * 1.55 = $155000

2nd strategy : Buying put option

The strike price of put = $1.54

premium on option is $.03

Amount received per option = $ 1.54 - $ 0.03 =$1.51

Total Dollars received = 100000* 1.51 = $ 151000

the best possible hedging strategy is Selling pound forward and receiving $155000

7 0
3 years ago
Software Solutions was hired by Jones Company on December 1 to install and updated software. The total entire amount of $1,800 i
Talja [164]

Answer:

Software solutions was hired to install and update software.

When job was completed,

Total revenue paid by Jones company = $1,800

As of December 31,

software installation completed = 1/2

Service revenue = 0.5 × $1,800

                            = $900

Therefore, the adjusted journal entry for the revenue is as follows:

On 31st December,

Accounts receivable A/c      Dr. $900

To Service revenue                               $900

(To record revenue earned)

8 0
3 years ago
Delta Diamonds uses a periodic inventory system. The company had five one-carat diamonds available for sale this year: one was p
Eddi Din [679]

Answer: $2650

Explanation:

Using the specific identification method, its ending inventory (after the December 24 sale) will be:

Units for sale = 5 units

Units sold = 1

It should be noted that the unit that was sold was the one that was bought on July 9th.

Ending units will now be:

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= $800 + $1800 + $950 - $900

= $3550 - $900

= $2650

6 0
3 years ago
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