Answer: Step 1(Consequentialist framework)
Explanation: Ethics is a system of accepted rules or sets of moral acts that guides how people in an organization or a community exist or interact,Ethics has also been called Moral phylosophy. Ethics has been classified into three different frameworks which includes Consequentialist Framework( a framework where the output or result can be traced to the input,like the case with the question)
The Duty Framework( where the person involved has to think about the duty involved and its Ethical obligation in a given time) and the Virtue Framework(this Framework believe we acquire virtue the different moral acts we do or practice).
Answer:
Product cost= $1248
Period Cost= $312
Explanation:
Giving the following information:
The insurance coverage premium for the three years is $4,680.
Eighty percent of the premium applies to manufacturing operations and twenty percent applies to selling and administrative activities.
Total period:
Product cost= 0.80*4680= $3744
Period Cost= 0.20*4680= $936
For the first year:
Product cost= $3744/3= $1248
Period Cost= $936/3= $312
The options were
a. product involvement
b. situational involvement
c. shopping involvement
d. enduring involvement
The answer is
b. situational involvement
Here linda is taking her time or is more involved in the activity she is performing cause this is a special occasion for her which could also be described as special situation. She doesn't care much about shopping , Pen etc which eliminates other options.
Answer: C. As reporting for an integral part of an annual period.
Explanation:
Interim Financial reporting should be treated as an important and complete part of the annual financial statement. It should follow all the generally accepted accounting principles. More reason for that is tax rates used in interim report is the same that is used in the annual financial statement as well (due to the estimate taken in the interim report). Many of the firms consider the interim financial reporting as an integral part of the annual report.
Answer: A. a downward-sloping labor demand curve.
Explanation:
The labor demand curve is plotted with the quantity of labor demanded vs the real wages paid to labor. In a firm that is producing in a market with a diminishing marginal product of labor, the demand curve will be downward sloping to reflect that the more labor that a company has, the less it pays them.
This is because the extra labor is bringing in less additional revenue and so will need to be paid accordingly to reflect that as more labor is hired, the output decreases.
