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sashaice [31]
3 years ago
14

Offshore Oil Exploration Partners (OOEP) has entered into a cooperative strategy with Malay Petroleum. The resulting documents a

re long, formal, and detailed. They specify detailed responsibilities of each partner and include methods of monitoring accounting and technical procedures. OOEP and Malay Petroleum are using the ________ management approach.
a. cost minimization
b. trust but verify
c. opportunity maximization
d. pragmatic realism
Business
1 answer:
Paul [167]3 years ago
6 0

OOEP and Malay Petroleum are using the cost minimization management approach.

Explanation:

Cost minimization is a technique used in pharmaco economics to evaluate care prices, whether the therapeutic efficacy of different therapies is demonstrably comparable.

The investigator undertaking the research needs to appeal to the medical equivalence and should have done so before prices are that.

Costs management is a primary concept used by manufacturers to evaluate the lowest cost production ratio of labor and capital.

In other words, what will be the most efficient way of providing goods and services although maintaining the optimal quality level.

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Jimmy Company’s cash balance at the end of the month was $8,500. After comparing the company’s records with the monthly bank sta
Elodia [21]

Answer:

The answer is C) $7,970.

Explanation:

We have 04 reconciling items as below:

- Outstanding checks $800: this amount was already recorded in the Cash account of the company once the check was written; thus, the Cash ending balance has already reflected this amount.

- Deposits in transit $700: this amount was already recorded in the Cash or Cash-equivalent account of the company once the deposit was made; thus, the Cash ending balance has already reflected this amount.

- Bank service charge $30: fees paid to banking activities and are deducted without informing to the company. Thus, this deduction in cash is not reflected in the Cash account.

-  NSF check $500: this was recorded as the increase in Cash account by the company once the check was written by the person/entity to the company. However, the writer's account balance was not sufficient to honor this check amount to the company; thus Cash Account at the end of the period should reduced by $500. Instead, this $500 may be recorded in Account Receivable account.

Thus, the adjusted cash balance = 8,500 - 30 - 500 = $7,970.

7 0
3 years ago
En donde se va a desempeñar esa profecion de "medico" ​
IrinaK [193]
El trabajo de un médico se llevará a cabo en un hospital o consultorio médico
5 0
3 years ago
A chain of video stores sells three different brands of DVD players. Of its DVD player sales, 50% are brand 1 (the least expensi
slava [35]

Answer: 60.98%

Explanation:

Probability that it is a brand 1 DVD player that needs repair work = Probability of brand 1 DVD needing repairs / Probability that a DVD player will need fixing while under warranty

Probability of brand 1 DVD needing repairs = Brand 1 sales percentage * Percentage of brand 1 needed repair

= 50% * 25%

= 12.5%

Probability that a DVD player will need fixing while under warranty = (50%* 25%) + (30% * 20%) + (20% * 10%)

= 20.5%

Probability that it is a brand 1 DVD player that needs repair work = 12.5% / 20.5%

= 60.98%

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3 years ago
A market for existing financial securities that are currently traded between investors is called the __________ market. secondar
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A secondary market, is the correct answer

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3 years ago
Acme Corporation, a closely-held corporation, co-mingles corporate money with shareholder money. If Acme Corporation fails to pa
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Hola buenas noches bueno en mi país ya es de noche
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