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Elan Coil [88]
3 years ago
6

In the Reaching Beyond our Borders box titled, "Ethical Culture Clash", the story proves that a large multi-national company suc

h as Motorola can ask its employees, and should expect them to follow the same ethical standards they would practice if living and working within the U.S. borders. A) True B) False
Business
1 answer:
kap26 [50]3 years ago
8 0

Answer:

False

Explanation:

Ethical standards are are set of guiding principles that an organisation communicates to its employees as the expected way to do things.

In reaching beyond our borders it is not true that ethical standards of of its employees must be the same as for workers in the United States.

For example an employee living abroad does not spend his whole housing allowance on getting a place to stay as expected in the United States, but puts it to use on other endeavours.

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Vivian goes to an auction and sees a rare antique lamp that is an identical match to one she already has. At the proper time she
BigorU [14]

Answer:

B

Explanation:

Any auction is either “with reserve” or “without reserve.” And the answer how an auctioneer handles higher bids rests with the type of auction being conducted.

In a with reserve auction, the auctioneer may refuse a higher bid (reserve the right to refuse …) where in a without reserve auction, any higher bid must be accepted.

Said another way, in a with reserve auction, the auctioneer is not bound to sell to the highest bidder. In essence, the next higher increment represents the minimum bid.

4 0
3 years ago
Aryanna invests $30,000 today into an investment that earns 5% annually, but interest is compounded continuously. What is the fu
yawa3891 [41]

Answer:

Future Value =$62,367.85

Explanation:

<em>The rate of return earned on the investment can be worked out using the Future value of a lump sum formula. The future value of a lump sum is the amount lump would amount to if interest is earned and compounded at a certain interest rate. </em>

The formula is FV = PV × (1+r)^(n)

PV = Present Value- 30,000

FV - Future Value, - ?

n- number of years- 15

r- interest rate - 5%

Future Value = 30,000× 1.05^15 =62,367.85

Future Value =$62,367.85

3 0
3 years ago
Production and sales estimates for May for Cardinal Co. are as follows: Estimated inventory (units), May 1 19,500 Desired invent
maxonik [38]

Answer:

21,000 units

Explanation:

The number of units expected to sold in May is the combination of  expected sales volumes in Territory W,Territory X and Territory Y.

In other words,total sales volume is the addition of all segments' sales volume.

Territory W has expected sales of 6,000 units

Territory X has expected sales of 7,000 units

Territory Y has expected sales of 8 000 units

Total units expected to be sold=6,000+7,000+8,000

                                                   =21,000 units

The expected production could be computed as expected sales volume +desired ending inventory minus desired opening inventory

4 0
3 years ago
Robert Wilkins has prepared the following list of statements about process cost accounting. Identify each statement as true or f
Alex17521 [72]

Answer:

Identification of True or False Statements:

1. Process cost systems are used to apply costs to similar products that are mass-produced in a continuous fashion.

A. True

2. A process cost system is used when each finished unit is indistinguishable from another.

A. True

3. Companies that produce soft drinks, movies, and computer chips would all use process cost accounting.

A. True

4. In a process cost system, costs are tracked by individual jobs.select between

False

5.Job order costing and process costing track different manufacturing cost elements.

B. False

6. Both job order costing and process costing account for direct materials, direct labor, and manufacturing overhead.

A. True

7. Costs flow through the accounts in the same basic way for both job order costing and process costing.

A. True

8. In a process cost system, only one work in process account is used.

A. True

9. In a process cost system, costs are summarized in a job cost sheet.

B. False

10. In a process cost system, the unit cost is total manufacturing costs for the period divided by the equivalent units produced during the period.

A. True

Explanation:

A process costing system is a method of collecting and assigning manufacturing costs to the units produced.  It is used by companies that produce similar or identical units of product in batches employing a consistent process. The unit cost is arrived at by averaging units produced to the total cost of the process.

5 0
3 years ago
Which of the following should be the primary goal pursued by the financial manager of a firm?a. Maximize net income (profits).b.
Neporo4naja [7]

Answer:

E. Maximize the market value of the firm's stock

Explanation:

7 0
3 years ago
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