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amid [387]
3 years ago
9

When Sebastian wrote the contract with BP for over two billion dollar s, he included targets for performance that had to be met

before payment would be released. Sebastian was trying to avoid ____ bias
Business
1 answer:
Alexeev081 [22]3 years ago
7 0

Answer:

Escalation of commitment

Explanation:

Escalation of commitment is the situation where an individual invest the resources into a course of action which is failing. Resources could be time, energy and money which an individual continue to invest into an investment as the individual  do not want to be inconsistent.

So, in this situation, before releasing the payment, he ensures that the targets should be met for the performance. He is avoiding the situation of escalation of commitment bias.

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Which of the following is likely to happen if the Fed buys Treasury securities from banks?a. interest rate rises; investment fal
gayaneshka [121]

Answer: c. interest rate falls; investment rises

Explanation:

The Fed buying treasury securities from banks is an expansionary policy when the government wants to increase the money in circulation and increase economic growth.

When the Fed buys Treasury securities from banks, this will lead to availability of funds as prices will be pushed higher and there will be a reduction in the interest rate.

Since there is reduction in interest rate, investment will increase as investors will borrow from banks.

5 0
3 years ago
Which section in a CAR Residential Purchase Agreement shows who will pay the county transfer fee, HOA related fees, private tran
natka813 [3]

Answer:

Other Costs

Explanation:

8 0
3 years ago
Management career skills include managing _____.
Svetllana [295]

Answer:

the correct answer is finances

3 0
3 years ago
Parsons Corporation uses a predetermined overhead rate based on direct labor-hours to apply manufacturing overhead to jobs. Last
Ierofanga [76]

Answer:

Actual direct labor hours= 32,750 hours

Explanation:

Giving the following information:

Actual overhead= $250,000 in actual manufacturing overhead cost. Overapplied overhead= $12,000 for the year.

The predetermined overhead rate was $8.00 per direct labor-hour

We need to reverse engineer the manufacturing overhead application process for the period.

Under/over applied overhead= real overhead - allocated overhead

If overhead was overapplied, the real overhead was lower than applied.

-12,000= 250,000 - allocated overhead

allocated overhead= $262,000

Now, we can determine the actual direct labor hours for the period:

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base

262,000= 8*Actual amount of allocation base

Actual direct labor hours= 32,750 hours

7 0
3 years ago
A registered publicly traded issuer has 10,000,000 shares outstanding. If a wealthy investor buys 6,000,000 shares and intends t
Harrizon [31]

Answer:

the investor must file a 13D report with the SEC.

Explanation:

Any investor that holds more than 5% of the outstanding stocks of a publicly traded corporation must file a 13D report. The investor is classified as a beneficial owner by the Securities and Exchange Commission (SEC) since their influence and voting power in the corporation are very large. It must be filed within 10 days of the transaction that resulted in more than 5% in the corporation.

4 0
3 years ago
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