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3 years ago

In terms of per capita government spending, texas __________.

1 answer:

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In term of per capita government spending, Texas was ranked forty-eight in 2010, it is always generally ranked among the last five states in the United States of America. This happens because, Texas is a low tax low service state and the most important revenue source for the state is tax.

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A cost incurred in the past that is not relevant to any current decision is classified as a(n): incremental cost. opportunity co

melamori03 [73]

Answer:

sunk cost.

Explanation:

Sunk cost can be defined as a cost or an amount of money that has been spent on something in the past and as such cannot be recovered. Thus, because a sunk cost has been incurred by an individual or organization it can't be recovered and as such it is irrelevant in the decision-making process such as investments, projects etc.

Basically, sunk costs are referred to as fixed costs.

Sunk costs are the opposite of relevant costs because they can't be changed or recovered, as they've been spent or contracted in the past already. Hence, relevant cost are relevant for decision-making purposes but not sunk costs.

Hence, a cost incurred in the past that is not relevant to any current decision is classified as a sunk cost.

For example, ABC investors decide to acquire land and develop residential houses at a location X. This decision is informed on the fact that the government had recently enacted a policy that led to an increase in demand for residential properties in that location. 6 months into construction of the residential houses, the government reviews and rescinds the policy. This leads to a sharp decline in property values in location X. ABC investors had already incurred 10 million dollars in the project. The 10 million dollars is considered sunk cost.

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3 years ago

It has been said that incentive plans work only for a relatively short time. Do you agree or disagree with this statement? Why o

VashaNatasha [74]

<span>The correct answer is that it depends on the specifics of the incentive plan. A general incentive plan that is not linked directly to productivity will typically become old news to staff within a few years. What was once an incentive will become familiar and may be viewed as an entitlement as staff start looking for the eternal "what's next?". An incentive directly linked to some kind of productivity (e.g. hours worked) will have a far longer shelf life (though this will, of course, vary by employee). In this scenario the ongoing incentive remains year over year (e.g. the hours of overtime worked in the previous year will have no bearing on the current year so if you want a similar result you will need to maintain your effort whereas if you want a better result you will have to increase your effort). All incentive plans, however, are subject to the rules of diminishing marginal utility to the employees and will diminish over time as the employee either becomes comfortable at a certain productivity level or becomes disenchanted by other factors. In summation: an incentive plan, if designed properly, can work for a relatively long period of years though results may vary by employee as everyone is motivated by different things (though providing an alternative incentive to money may somewhat mitigate this additional potential problem).</span>

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3 years ago

Imagine that you are a consultant, and have been hired by Rosewell's board of directors to examine decision making within the fi

poizon [28]

Explanation:

Executive Information System (EIS) is a specialised form of decision making support system designed to give management level employees background information on topics both internal and external to the company. Using this information, they are then guided by the governance policies and standard operating procedures of the company in the decisions they need to make, considering environmental factors, availability of resources and time constraints. The Information Systems models contain routine and special statistical, financial, and other quantitative analysis.

According to Computer Business Research, “the focus on Executive Information Systems is on easy to use user interfaces and graphical displays. The benefits of this is that they offer strong reports and drill down capabilities. Executive Information Systems are important because they help top-level executives analyze, compare and highlight trends in important areas so they can monitor performance and identify opportunities and problems. Over recent years however, the popularity of Executive Information Systems has decreased due to Business Intelligence, analytic(s), and digital dashboards.”

Steps followed in implementing EIS

1. Undertake research – the consultant has to find out what is applicable to the company specifically, looking at the company size, its resources, and other factors that affect information systems.

2. Compare and benchmark with best practices globally, regionally and locally.

3. Procure and/or Install the EIS.

4. Check if it is operating effectively. Also train the end users on how to make efficient use of the information system.

5. Keep monitoring and evaluating the system

N.B: Questions are required to give a more precise answer

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3 years ago

When command is transferred, then all personnel involved in the incident should be told.

olga nikolaevna [1]

Based on the principle of formality, the correct answer goes:

The effective time and date of the transfertransfertransfertransfer

<h3>Command of transfer</h3>

When command is transferred, then all personnel with a need to know should be told: The effective time and date of the transfer.

In conclusion, we can conclude that the correct answer is as informing about effective time and date.

Learn more about transferring officer here: brainly.com/question/10721205

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3 years ago

On November 1, Alan Company signed a 120-day, 10% note payable, with a face value of $45,000. Alan made the appropriate year-end

shepuryov [24]

Answer:

Debit Notes Payable $45,000; debit Interest Payable $750; debit Interest Expense $750; credit Cash $46,500

Explanation:

The journal entry is given below:

Notes payable $45,000

Interest payable ($45,000 × 10% × 60 ÷ 360) $750

Interest expense ($45,000 × 10% × 60 ÷ 360) $750

To Cash $46,500

(Being payment of notes payable is recorded)

here note payable, interest payable, interest expense is debited as it increased the expenses and decreased the liabilities while on the other hand the cash is credited as it decreased the assets

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3 years ago