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3 years ago

The purpose of a screening interview is to make the final decision about which applicants to hire.

1 answer:

8 0

Sreening interviews are normally the first stage of the interview process. This is never used in the final decision making process. The screening interview plays a major part in narrowing down applicants in the very beginning

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Inflating your expenses for a company-sponsored conference that discredits the profession is a violation of what ethical standa

serg [7]

Answer:

B) Integrity

Explanation:

There are various ethical standards which are described below:

A) Credibility: This ethical standard deals with the communication of the correct information of the statement of financial position to all stakeholders of the business organization.

B) Integrity: This ethical standard stated that the chartered accountant should be honest and not biased for his personal gain. If he/she is biased, then he/she violates his/her profession.

C) Competence: The person is capable to do the particular task or not will check by his competence

D) Confidentiality: The financial information should not be disclosed out to third parties. The person should maintain confidentiality.

So as per the given scenario, the most appropriate option is B. Integrity

4 0

3 years ago

Jobs, Inc. has recently started the manufacture of Tri-Robo, a three-wheeled robot that can scan a home for fires and gas leaks

Tems11 [23]

Answer:

case 1: when $405,000 fixed overhead cost can be avoided

make buy net income

direct material

994700 0 994700

direct labor 832300 0 832300

variable overhead 101500 0 101500

fixed overhead 600000 195000 405000

purchase price 0 2314200 (2314200)

total 2528500 2509200 19300

YES,jobs should accept the offer because it results in saving of $19300

CASE 2: when no fixed overhead can be avoided

make buy net income

direct material 994700 0 994700

direct labour 832300 0 832300

variable overhead 101500 0 101500

fixed overhead 600000 600000 0

opportunity cost 375000 0 375000

purchase price 0 2314200 (2314200)

total cost 2903500 2914200 (10700)

NO, jobs shold not accept the offer because it results in loss of $10700

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3 years ago

George manages inventory for a company. The company has been struggling to reduce production costs in all departments for severa

Liula [17]

Answer:

The Just-in-time( JIT) inventory management

Explanation:

The Just-in-time( JIT) inventory management approach seeks to increase efficiency in the stock management process. JIT achieves efficiency by reducing the cost of holding stocks and eliminating wastage associated with keeping a high volume of inventory. Under JIT, materials are ordered when they are required for production. The business does hold stocks or will have minimal quantities in the stores.

George can adopt the just-in-time system in his place of work. His cost of holding stock will reduce as materials will be purchased to meet the current production requirements. Market demand determine production. It means there will be no storage of a high volume of finished goods, which ties up a lot of capital.

7 0

3 years ago

A buyer and a seller agreed to a home sale. it was not written, but the parties shook hands to cement the deal. the buyer paid a

ryzh [129]

Answer: oral or verbal contract

A buyer and a seller who agreed to a home sale who just shook hands and without a written document went thru an oral contract or verbal agreement. There must be an offer and an acceptance to make this oral contract valid.

4 0

3 years ago

Read 2 more answers

Indiana Co. began a construction project in 2021 with a contract price of $162 million to be received when the project is comple

barxatty [35]

Answer:

D) Recognized $8.91 million loss on the project in 2022.

Explanation:

The computation is shown below:

For Year 2021:

Percentage of work completed in the year 2021 is

= $40 ÷ ($40 + $84)× 100

= $40 ÷ $124 × 100

= 32.26%

Profit on the contract is

= Contract price - Already incurred cost - Expected cost

= $162 - $40 - $84

= $38

Profit to be recognized in the year 2016 is

= profit × percentage of completion

= $38 × 32.26%

= $12.256

For Year 2022:

Percentage of work completed in the year 2017 is

= ($40 + $65) ÷ ($40 + $65 + $52)

= $105 ÷ $157 × 100

= 66.88%

Profit on the contract is

= Contract price - Already incurred cost - Expected cost

= $162 - $40 - $65 - $52

= $5

Profit that should be recognized till the year 2017 is

= profit × percentage of completion

= $5 × 66.88%

= $3.344

Profit to be recognized in the year 2017 is

= $3.344 - $12.256

= 8.91 million loss

7 0

3 years ago