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shepuryov [24]
3 years ago
10

The process of benchmarking against an organization’s established norm, which may be based on best practice, state or national s

tandards, or some combination of these thresholds, helps the organization determine whether its processes fall within the acceptable standard deviations of the norm. When items fall outside the norm this signals that _____.
A PI project may be appropriate
The organization must contact their accrediting organization immediately to report this
The organization is on target
The organization should benchmark against hospitals that are located at a greater distance
Business
1 answer:
Alex3 years ago
8 0

Answer:

The correct answer is A.  a PI project may be appropiate.

Explanation:

Benchmarking is a continuous and systematic process that makes a comparative evaluation of products or services in organizations that show best practices in a given area, with the aim of transferring knowledge of best practices and their application.

Benchmarking should not be confused with espionage or competition, so the concepts of best practices and area of interest should be very clear. In this sense, for the organization it becomes an appropriate process, since it allows you to know to what extent it may be convenient to consider the actions against the established norm.

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cestrela7 [59]

Answer:

Explanation:

The journal entry is shown below:

(a) Factory Labor/Expenses A/c Dr $103,800

        To Factory wages payable               $91,000

         To Employer payroll taxes payable $7,700

         To Fringe benefits payable              $5,100

(Being labor expenses are recorded)

(b) Direct labor A/c Dr   $87192 ($103,800 × 84%)

    Indirect labor A/c Dr $16,608 ($103,800 × 16%)

          To Factory Labor                     $103,800

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3 years ago
Two friends, rachel and joey, enjoy baking bread and making apple pies. rachel takes two hours to bake 1 loaf of bread and one h
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6 0
4 years ago
Knowledge Check 01 The difference between absorption costing net operating income and variable costing net operating income can
fgiga [73]

Answer:

Fixed overhead costs

Variable and fixed cost distinctions

less than absorption costing net operating income

Explanation:

Fixed overhead costs are costs that do not change with change in the volume of production activity. Rent of the production facility is an example of fixed overhead cost.

Variable costs are costs that change with change in the volume of production activity. Tax is an example of variable cost.

between absorption costing net operating income and variable costing net operating income can be explained by the way these two methods account for <u>Fixed overhead costs</u>. all overhead costs fixed overhead costs selling and administrative expenses variable overhead costs Knowledge Check 02 Absorption costing income statements ignore <u>Variable and fixed cost distinctions</u>. direct materials and direct labor costs direct and indirect cost distinctions product and period cost distinctions variable and fixed cost distinctions Knowledge Check 03 When the number of units produced is greater than the number of units sold, variable costing net operating income will be <u>less than absorption costing net operating income</u>. the same as absorption costing net operating income greater than absorption costing net operating income less than absorption costing net operating income

4 0
3 years ago
An online medicaladvice company just completed an IPO with an investment bank on a firm-commitment basis. The firm issued 5 mill
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Answer:

The total proceeds from the common-stock sale amounts to $139,500,000

Explanation:

The aggregate proceeds from the sale of common stock is computed as:

Total proceeds from sale of common stock = Number of shares issued × Offer Price per share

where

Number of shares issued is 5 million that is 5,000,000

Offer Price per share is $27.90

By putting the values in the above formula:

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= $139,500,000

3 0
3 years ago
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