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Dima020 [189]
2 years ago
15

Daniel is the vice president of marketing and sales of an insurance company that sells workers' compensation insurance within th

e state of California. Recently, the company has identified problems of cost control in all of its offices. Daniel formed a team composed of the sales managers of all the four regions, along with some staff members from the company's informational technology and administration departments, to study the problem and make recommendations. Which of the following statements about this team is NOT true?
A. functional group
B. virtual team.
C. command group.
D. task force.
Business
1 answer:
Paraphin [41]2 years ago
4 0

Answer:

D. Task force.

Explanation:

Task force are basically created for a specific reason. They come from various department making it a cross-functional team, and they do not report the same manager.

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A company has a factory that is designed so that it is most efficient (average unit cost is minimized) when producing 27,100 uni
neonofarm [45]

Answer: 64.47%

Explanation:

Units produced in October = 17470

Units production in the most efficient way = 27,100

Therefore, the capacity utilization rate in October for the factory will be:

= Units produced in October / Units production in the most efficient way

= 17470 / 27100

= 0.6447

= 64.47%

The capacity utilization rate in October for this factory is 64.47%.

7 0
2 years ago
Materials purchased on account during the month totaled $190,000. Materials requisitioned and placed in production totaled $165,
Tanzania [10]

Answer:

b. Materials 190,000 Accounts Payable 190,000

Explanation:

Materials may either be purchased on credit or by cash, When materials are purchased on credit, such materials are said to have been purchased on accounts.

The entries for cash purchases are ;

Debit Supplies/Inventory account

Credit Cash account

However, when the purchase is done on account, the credit entry goes to the accounts payable and not cash.

8 0
2 years ago
Stellar Corporation had the following activities in 2020.
nexus9112 [7]

Answer:

Net cash provided by financing activities $315,000

Explanation:

The computation of the net cash provided or used by financing activities is shown below:

Issuance of common stock $275,000

Issuance of bonds payable $469,000

Less: Payment of dividends $380,000

Less: Purchase of treasury stock $49,000

Net cash provided by financing activities $315,000

6 0
2 years ago
While asia represents an important source of u.s. imports, few export opportunities exist for u.s. firms to sell goods and servi
Stells [14]
The correct answer is false. It is because it is not true that there are only few exports that exist for U.S. firms to sell goods and their services to asian consumers as they are likely to expand their goods and services all throughout by which few exports doesn't seem to be true.
5 0
3 years ago
Read 2 more answers
An asset used in a four-year project falls in the five-year MACRS class for tax purposes. The asset has an acquisition cost of $
tia_tia [17]

Answer:

After tax salvage value $1,278,852.8‬

Explanation:

MARCS five years class:

after four years we will have depreicate:

0.2 + 0.32 + 0.192 + 0.1152 = 0,8272‬

(Data from the attached MACRS)

tax basis of the asset:

6,170,000 x ( 1 - 0.8272) = 1.066.176‬

We will be taxed for the difference between the basis and the salvage value:

1,370,000 - 1,066,176 = 303,824‬ taxable gain:

303,824 x 30% = 91,147.2

After tax salvage value:

salvage valeu - income tax expense

1,370,000 - 91,147.2 = 1,278,852.8‬

3 0
3 years ago
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