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Vikentia [17]
3 years ago
9

ABC Farm Supplies has adopted policies and procedures designed to eliminate non-discriminatory practices in hiring and promoting

employees who come from previously disadvantaged groups. Which term refers to ABC’s active effort to recruit, hire and promote people from disadvantaged particular groups?
Business
1 answer:
ikadub [295]3 years ago
8 0

Answer:

Affirmative action

Explanation:

This is a term that describes effort or action to recruit disadvantaged groups or groups previously excluded. This is also used to ensure gender balancing in organisations. Some organisations consciously seek to fill up top positions at their board with women. The Beijing conference on women empowerment sought for increased women participation in key decision positions.

ABC effort can be described as an Affirmative action towards recruiting a group that was previously disadvantaged or discriminated upon previously.

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Sept. 1 Established a petty cash fund of $350. 30 The amount of cash in the petty cash fund is now $130. The fund is replenished
elena55 [62]

Answer:

Sept 1

DR PETTY CASH $350.30

CR CASH $350.30

Sept 30

DR POSTAGE EXPENSE $100

DR OFFICE SUPPLIES $116

DR CASH SHORT & OVER $4

CR CASH $220

Explanation: A petty cash is a small amount of money disbursed by an organisation for expenditures. This expenditures are usually day to day expenses such as postages, stationaries, office supplies and so on. From time to time, there may be cash shortages or the cash may be over for various reasons.

6 0
3 years ago
Read 2 more answers
During the year, Octagon produced 8,000 units, used 24,000 direct labor hours, and incurred variable overhead of $120,000. Budge
Naily [24]

Answer:

Variable manufacturing overhead rate variance=  $48,000 unfavorable

Explanation:

Giving the following information:

Actual direct labor= 24,000 direct labor hours

Actual variable overhead of $120,000.

The standard variable overhead rate is $3.00 per direct labor hour.

<u>To calculate the variable overhead spending variance, we need to use the following formula:</u>

Variable manufacturing overhead rate variance= (standard rate - actual rate)* actual quantity

Actual rate= 120,000/24,000= $5

Variable manufacturing overhead rate variance= (3 - 5)*24,000

Variable manufacturing overhead rate variance=  $48,000 unfavorable

6 0
4 years ago
The payback period is the period of time it takes an investment to generate sufficient cash flows to?
Debora [2.8K]

The payback period is the length of time it takes an investment to generate sufficient cash flows to enable the project to produce a positive annual cash flow.

What is the payback period for the cash flows?

The time frame needed for a project's financial inflows to more than equal its initial cash outlay is known as the payback period. This formula is helpful for risk reduction analysis since a project that produces a return quickly is less hazardous than one that produces the same return over a longer time frame.

Does positive cash flow mean profit?

Even though a corporation reports negative net income, it is still feasible for it to have positive cash flow. A corporation is financially sound and successful if its net income is positive. A corporation's increase in liquid assets indicates a positive cash flow if the company has positive cash flow.

Learn more about payback period: brainly.com/question/13978071

#SPJ4

8 0
2 years ago
_____ is the degree to which a company relies on a provider because of the importance of the provider's product to the company a
ra1l [238]

Answer:

Supplier dependence

Explanation:

When an entity finds itself in a situation where it has to rely on a particular supplier or provider of service for its business operations, either as a result of not being able to get an alternative supplier or the importance of the suppliers product to the entity, such is called supplier dependence.

It is very risky for an entity to depend on a particular source for input. This reverse order of an entity depending on the supplier for business strategy instead of the supplier depending on the entity is not a good business practice.

It’s easy for our own strategy to be determined by what our suppliers are doing. If we become too dependent, we risk having our strategy set by our suppliers rather than having them support our strategy. I’ve been thinking a lot here recently about how much suppliers can direct you  

3 0
3 years ago
Which incentives do interest groups engage in to overcome the free rider problem?
Thepotemich [5.8K]
An incentive that interest groups engage in to overcome the free rider problem is packaging a selective incentive, <span>a private good available to members only, with public goods produced by the interest </span>group. This type of packaging is also used by American Association of Retired Persons or ARRP and other interest groups.<span> </span>
7 0
3 years ago
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