Answer
B. Cover Letter
Explanation
It is a single-page introductory document prepared for the recruiting agent which gives a glimpse of the potential candidate to the recruiter. It gives an highlight of the candidate’s overall strengths and the potentials that present him/her to the position as a great fit for the company. The cover letter typically helps the candidate to stand out from the rest of the recruits and aims at engaging the employer before going through the resume of the candidate.
Answer:
(a) INDICATOR OF FRAUD
Explanation:
The reason is that the supervisor has an outside business setup related to the department's setup which gives rise to a conflict of interest.
Answer:
$4,100 Unfavorable
Explanation:
Data provided as per the question
Budgeted fixed overhead cost = $51,000
Actual fixed overhead cost = $55,100
The computation of the fixed manufacturing overhead budget variance is given below:-
Budget variance = Budgeted fixed overhead cost - Actual fixed overhead cost
= $51,000 - $55,100
= $4,100 Unfavorable
In the given question the right answer is not available. So, the right answer is $4,100 unfavorable.
Answer:
company's acid-test ratio is 1.63. Option e
Explanation:
Acid test ratio is similar to current ratio. However, current assets difficult to liquidate such as inventory are usually not included in the total current asset computation
Given,
Cash = $ 42,250
Short-term investments = 60,000
Accounts receivable, net = 79,500
Merchandise inventory = 115,000
Prepaid expenses = 9,700
Accounts payable = 111,400
Acid test = (42250 + 60000 + 79500 + 9700)/111400
= 181750/111400
= 1.63
Option e.
Answer:
Answer is option a, i.e. trade-offs and connections may differ in short run and the long run.
Explanation:
Keynes' law in economics and Say's law in economics are contradictory in their perspective. Where Keynes' law says that it is the demand that creates the supply, on the other hand, Say's law states that its the supply that tends to create the demand. But, we cannot neglect any of the above facts as demand and supply cant operate independently. So, on combining the two laws, we happen to take both the given laws into account. Also, it is found that Keynes' law is more appropriate and accurate for the short-run whereas, Say's law is for the long run. This thus creates trade-offs and connections that differ in the short-run and long-run by affecting the three important goals of macroeconomics, i.e. higher standard of living, low inflation, and low unemployment.
