Answer:
The answer is 17.67 years.
Explanation:
Present value is $2,500
Future value of the money to be double of the present value. This means the future value will be $5,000($2,500 x 2)
Interest rate is 4%
Number of years or periods to reach this $5,000 is unknown. So we are looking for this.
To compute this number of periods, lets use Financial calculator.
I/Y = 4; PV= -2,500; FV= 5,000; CPT N= 17.67 years.
Therefore, the number of years to accumulate to $5,000 is 17.67 years
I think it's freelance but I could be completely wrong
Answer:
use a combination of tests measuring both cognitive abilities and non-cognitive traits such as emotional intelligence and personality
Explanation:
In the given scenario many of the applicants Fran perceives as having good emotional intelligence and agreeable personalities (a plus for a fitness studio), do not score well on the cognitive ability test.
Since she wants people that have non-cognitive traits such as emotional intelligence and personality, and also good cognitive abilities.
She will need to use a combination of tests measuring both cognitive abilities and non-cognitive.
Answer:
Knowledge Check 01 Which of the following is deducted from the total selling and administrative expense budget to determine the cash disbursements for selling and administrative expense budget?
Depreciation expense is a non cash charge since there is no cash outflow associated to it. The same applies for amortization expense, asset impairments, stock based compensation and asset depletion (similar to depreciation but used by extracting companies like mines and oil companies).
Knowledge Check 02 A company determines that the number of units sold is the cost driver for its variable selling and administrative expense budget. The product of its variable selling and administrative rate and budgeted unit sales will be ________.
- total budgeted variable selling and administrative expenses
Since we are dealing with budgets, any calculation is also a budget or forecast. We are calculating here the total budgeted variable selling and administrative expense since we are multiplying the predetermined variable S&A per unit x budgeted units.
Answer:
D) Finance/Administration
Explanation:
The major functions of the finance/administration section of the ICS are:
- Monitors costs related to the incident.
- Provides accounting, procurement, time recording, and cost analyses.
For example, paying for any expenses including food, gasoline, materials, etc.
The other sections are:
- Incident Command (incident commander)
- Operations section
- Planning section
- Logistics section
The head of an ICS section is called a chief, and each section is divided into divisions which are lead by a supervisor. Depending on the size of the incident, the section can be divided into groups, branches, task forces, strike teams and may even include single resources.
