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Arisa [49]
4 years ago
10

Jorge has $300 for work he performed. He expects to spend the money in the next few weeks to buy a new bike. Which type of accou

nt will be best for Jorge?
ACertificate of Deposit (CD)
BMoney Market Account
CSavings Account
DChecking Account
Business
1 answer:
salantis [7]4 years ago
4 0
The correct option is D.
Checking account is appropriate for Jorge in this situation because he plans to remove the money from his account in a few weeks time.
The major difference between saving account and checking account is that, saving account is majorly used to save and accumulate money for a medium or long time goals or for emergencies. The banks can count on the money staying in saving account for some time and a great part of it is not hold on reserve.
But a checking account is an instant access account. Money put in this account are usually hold in reserve by the banks because the owners can decided to withdraw at any time; banks can lend out money from checking accounts, so they make money on the accounts by charging fees.
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Danny, a longtime hotel manager for Hilton, was meeting with Sara, a regional manager, and telling her about his recent decision
sesenic [268]

Answer: rational decision-making model

Explanation:

Rational decision-making model could be seen as when the decision maker has all alternatives on a decision with much information, with time on their hands and resources to evaluate the various choices thats made available before them.

Danny's choice to go against other people decision and using a detailed and different consideration for the employee decribed he used a rational decision making model, he still believed in the individual when others did not, and this affected his decision and didn't allow that of others to influence him.

8 0
3 years ago
Yoko is defining her company's performance evaluation process. Which process requirement would help her organization most effect
Advocard [28]

Answer:

Option E. Ensure that performance standards are not vague.

Explanation:

Option E is correct because if the performance standards are not vague and are realistic then the evaluation will be more fair. It will also not demotivate the employees as they will be accepting what went wrong.

Option A is incorrect because we can use both subjective and objective performance indicators.

Option B is incorrect because ensuring less time to appraise the performance means that the appraiser hasn't acknowledged the full scenario hence the evaluation wasn't fair.

Option C is incorrect because distributive justice must be applied. As it helps in acknowleging what the organization has done wrong with the employees that has resulted in poor performance.

Option D is incorrect because if the performance indicators are not representative of tasks for which the person was accountable then the evaluation is not fair. I will be held accountable for things which I wasn't deligated responsibility. Hence employee must be accountable for the responsibility deligated.

5 0
3 years ago
Hurry please. in order to break even, your minimum selling price must be_______your variable costs.
Rudik [331]
The correct answer isb
3 0
3 years ago
Sheridan Chemicals Company acquires a delivery truck at a cost of $30,200 on January 1, 2022. The truck is expected to have a sa
Anvisha [2.4K]

Answer:

Year 1= $5,480

Year 2= $5,480

Explanation:

Giving the following information:

Sheridan Chemicals Company acquires a delivery truck for $30,200 on January 1, 2022. The truck is expected to have a salvage value of $2,800 at the end of its 5-year useful life.

Under the straight-line method, the depreciation expense is the same in all of the useful life of the truck.

We need to use the following formula:

Annual depreciation= (original cost - salvage value)/estimated life (years)

Annual depreciation= (30,200 - 2,800)/5= $5,480

Year 1= $5,480

Year 2= $5,480

4 0
3 years ago
Pearson Electric Company uses the high-low method to analyze mixed costs. The following information relates to the production da
Simora [160]

Answer: 6520 + 3x

Explanation:

Firstly, we need to calculate the variable cost per hour which will be:

= (Highest activity cost – Lowest activity cost)/(Highest activity hour – Lowest activity hour)

= (9460 - 7300)/(980 - 260)

= 2160 / 720

= 3

We'll also find the fixed cost which will be:

= Fixed cost = Highest activity cost – (Variable cost per hour x Highest activity hour)

= 9460 - ( 3 x 980)

= 9460 - 2940

= 6520

Therefore, the cost function will be:

= 6520 + 3x

8 0
3 years ago
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