The ethics trap that is faced here would be contemplating to accept the reallocation because rejecting it may mean trouble and even lead to a lose of our jobs.
<h3>What is meant by ethical trap?</h3>
This is the term that has to do with the circumstances that may lead an individual to do away with the core values and the principles that they have. The trap here is that I may lose my job or may not have any bonus but accepting is going against the ethics and the values that I may hold special.
What should have been in this situation would have been to come clean in the first place so as to avoid going against ethics and the principles of the profession. The best way to do this would be to go to the head of division and explain the situation at hand to him.
Hence we can say that The ethics trap that is faced here would be contemplating to accept the reallocation because rejecting it may mean trouble and even lead to a lose of our jobs.
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Answer:
C. The actual variable overhead costs were lower than the budgeted costs.
Explanation:
Variable Overhead Cost variance =Budgeted cost - Actual Cost
where this value is positive, this is favorable, where this is negative it is unfavorable.
Actual cost = Actual hours X Actual rate per hour
Budgeted Cost = Budgeted hours for actual level of production X Budgeted rate per hour
Even if actual hours are lower than budgeted it will not lead to favorable overhead as actual rate per hour might be less.
Total variable overhead will only be favorable when net actual variable overhead cost is less than budgeted variable overhead costs.
C. The actual variable overhead costs were lower than the budgeted costs.
Answer:
personalized offerings
Explanation:
Based on the scenario being described it can be said that in this way Amazon was creating value for Andrew through personalized offerings. This term refers to offering products that are tailor picked to fit the needs and wants of the specific customer to whom the product is being offered. Such as the recommendations being made to Andrew which have been chosen to fit the specific likes that Andrew has.
Answer:
B. Interact with customers after they have purchased the product.
Explanation:
It is the duty of the Customer services department to cater to the all customer feedbacks and requirements.
The retention of the customers and attracting new customers depends on the quality of the service provided by the customer handling.
Answer:
- a) _F_ Sold long-term investments for cash.
- b) _(O)_ Received cash payments from customers.
- c) _(O)_ Paid cash for wages and salaries.
- d) _(O)_ Purchased inventories for cash.
- e) (F)_ Paid cash dividends.
- f) _(F)_ Issued common stock for cash.
- g) _(O)_ Received cash interest on a note.
- h) _(O)_ Paid cash interest on outstanding notes.
- i) _(I)_ Received cash from sale of land at a loss.
- j) _(O)_ Paid cash for property taxes on building.
Explanation:
- a) _F_ Sold long-term investments for cash.
- e) (F)_ Paid cash dividends.
- f) _(F)_ Issued common stock for cash.
Financial Decision are those what are needed to planning the new financial needs, it's necessary to decide the various scources in the capital mix of the firm.
- b) _(O)_ Received cash payments from customers.
- c) _(O)_ Paid cash for wages and salaries.
- d) _(O)_ Purchased inventories for cash.
- g) _(O)_ Received cash interest on a note.
- h) _(O)_ Paid cash interest on outstanding notes.
- j) _(O)_ Paid cash for property taxes on building.
The operatives decision are related to the organization of the business, which things buys and how to pay it, the managment of stock, accounts receivables / payables
- i) _(I)_ Received cash from sale of land at a loss.
The Investment decision are related to how managed the assets of the company, it includes the amount of assets and composition, these decision are a cost and in a limited quantity.
