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3 years ago

The primary purpose of an ethics audit is to ____.

Business

1 answer:

il63 [147K]3 years ago

4 0

Answer:

c. evaluate a company's ethical culture

Explanation:

Ethics auditing is used to systematically evaluate an organization's effectiveness when it comes to performance ethics and programs. This will determine both the internal and external impacts of ethical performance. It also helps in identifying the problems and risks in outgoing activities. This way the company can take necessary measures to correct, adjust or eliminate any ethical concerns that may arise.

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Fill in the blanks to complete the sentence. A manufacturing company has budgeted production at 5,000 units for May and 4,400 un

GarryVolchara [31]

Answer:

Direct material purchases in May = 21,670× $10= $216,700

Explanation:

Material purchase budget is determined by adding the closing inventory of material to the material usage budget less the opening inventory.

Material budgets for May will be prepared as follows:

Materials needed for May production = 5,500 × 3 = 16,500

Materials needed for June production = 4,400× 3= 13,200

Closing inventory of raw material in May =60% × June requirement = 60% × 13,200 =7,920

Material purchase budget for February = Usage budget + closing inventory - opening inventory

= 16,500 + 7,920- 2,750=21,670

Direct material purchases in May = 21,670× $10= $216,700

3 0

2 years ago

Which lists the Business, Management, and Administration careers in order from highest level of education typically required to

Rama09 [41]

Answer:

Operations Research Analyst, Accountant, Data Entry Clerk, Intern

Explanation:

Most employers insist that operations research analysts have a master's degree. In practice, one needs a minimum of a bachelor's degree to become an operation research analyst. Most accountants attend college have a bachelor's degree, although it's not mandatory.

Interns are mostly college students. Since they have not graduated, they should have the least educational qualification, followed by clerks.

5 0

2 years ago

Read 2 more answers

If Jeff's wage rate rises, he decides to work more hours. From this, we can infer that____________.

marshall27 [118]

Answer:

If Jeff's wage rate rises, he decides to work more hours. From this, we can infer that for Jeff, the substitution effect is greater than the income effect - option C.

Explanation:

The substitution effect is stronger than the income effect in a case whereby the supply of labor increases as the wage rate increases .

On the other hand, when the supply of labor decreases as the wage rate increases, then the income effect is stronger than the substitution effect.

With regards to the scenario given in the question - with an increase in the wage rate, Jeff has decided to work more hours.

Thus, in the given case, it can be inferred that for Jeff, the substitution effect is greater than the income effect.

Therefore, the correct answer is option C.

3 0

3 years ago

According to the quantity equation, the price level would change less than proportionately with a rise in the money supply if th

mylen [45]

Answer:

The correct answer is b. either a rise in output or a fall in the rate at which money changes hands.

Explanation:

The quantitative theory of money is an economic theory that aims to explain the causes of inflation, that is, the variations in prices and the value of money in a country.

To explain inflation, the quantitative theory of money relates the money supply to the general price level. The money supply is the amount of money that exists in the economy. It can be estimated since it is the central banks that control the liquidity of the economy.

6 0

2 years ago

Your company has sales of this year and cost of goods sold of . You forecast sales to increase to next year. Using the percent o

Trava [24]

Complete question :

Your company has sales of $101,500 this year and cost of goods sold of $66,300. You forecast sales to increase to $118,900 next year. Using the percent of sales method, forecast next year's cost of goods sold. The Tax Cuts and Jobs Act of 2017 temporarily allows 100% bonus depreciation (effectively expensing capital expenditures). However, we will still include depreciation forecasting in this chapter and in these problems in anticipation of the return of standard depreciation practices during your career The forecasted cost of goods sold (COGS) is $ ___________ (Round to the nearest dollar.)

Answer:

$77,666

Explanation:

Given the following :

Sales for the year = $101,500

Cost of goods sold =$66,300

Forecasted increase in sales for next year = $118,900

Forecasted cost of goods sold for next year =?

Percentage cost of goods sold for this year:

Cost of goods sold / sales for this year

$66300/$101500

= 0.6532019

Forecasted cost of goods sold for next year:

(Forecasted increase in next year's sale * % cost of goods sold for this year)

= 118,900 * 0.6532019

= $77665.714

= $77666 ( nearest dollar)

6 0

3 years ago