1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
MrRissso [65]
3 years ago
11

Which of the following statements is true of the social responsibilities of a business? Multiple Choice Legal responsibilities a

re often subsumed under the idea of corporate citizenship, reflecting the notion of voluntarily giving back to society. A firm’s ethical responsibilities go beyond its legal responsibilities. Shareholders mandatorily require a firm to perform its ethical and philanthropic responsibilities. Ethical responsibilities are the foundational building block of a firm’s social responsibility.
Business
1 answer:
ElenaW [278]3 years ago
5 0

Answer:

A firm’s ethical responsibilities go beyond its legal responsibilities.

Explanation:

You might be interested in
An incomplete cost of goods manufactured schedule is presented below. Complete the cost of goods manufactured schedule for Vaugh
polet [3.4K]

Answer:

Beginning Raw material Inventory = Direct materials used - Raw Materials purchases + Ending raw materials inventory

= 188,420 - 159,120 + 22,610

= $‭51,910‬

Total cost of work in process = Cost of goods manufactured + Work in process (12/31)

= 544,240 + 83,230

= $627,470

Total Manufacturing costs = Total cost of work in process - Work in process (1/1)

= 627,470  - 220,940

= $406,530

Direct labor = Total Manufacturing costs - Total overhead - Direct materials used

= 406,530 - 139,320 - 188,420

= $78,790

3 0
3 years ago
Upton Manufacturing Corporation has a traditional costing system in which it applies manufacturing overhead to its products usin
Nataliya [291]

Answer:

$67.80.

Explanation:

                                                 Long                       Short

Direct materials per unit          $ 14.70                   $ 48.50

For 60,000 units                   882,000

Direct labor per unit                 $ 17.30                   $ 50.90

For 60,000 units                   1038000

Direct labor-hours per unit       0.70                           2.10

Estimated Overhead          1796,077                  1690,343

Total Costs                         3716077

Unit Cost = Total Costs/ No of units = $    3716077/ 60,000= $ 61.93=$ 62

Working

Direct labor support  Cost for Long= ( $ 2,034,020 / 63,000 )* 42,000   =

$ 1356,013

Setting up machines Cost for Long(434,400 /  2,940 )*1190=  $175,829

Part administration Cost for Long =( 1,018,000 / 3,660)* 950= $ 264,235

                                                 Long           Short

Direct materials per unit          $ 14.70     $ 48.50

Direct labor per unit                 $ 17.30      $ 50.90

Direct labor-hours per unit       0.70             2.10

Annual production                 60,000           10,000

Estimated total manufacturing overhead  $3,486,420

Estimated total direct labor-hours  63,000

Activities                             Activity                Estimated            

                                            Measures        Overhead Cost

Direct labor support              (DLHs)            $ 2,034,020

Setting up machines             (setups)                434,400

Part administration             (part types)             1,018,000

Total                                                                  $ 3,486,420

Expected Activity             Long           Short          Total DLHs

                                       42,000         21,000            63,000

Setups                              1,190             1,750             2,940

Part types                         950             2,710               3,660

The unit product cost of product Long under the company's traditional costing system is closest to:

3 0
3 years ago
Michael (single) purchased his home on July 1, 2009. He lived in the home as his principal residence until July 1, 2017 when he
Nadya [2.5K]

Answer:

correct option is C. $250,000

Explanation:

given data

sold the home and gain = $300,000

to find out

amount of the gain allowed to exclude from gross income

solution

we know that Michael owned the property for the 10 years

so here Michael is not allowed to exclude the gain = 10 % that is $30,000

and The maximum gain exclusion permitted =  $250000

so here Michael will recognize $50,000 because amount exceed $250,000 for a single taxpayer and exclusion of gain on sales of property tax payer need to own and occupy the property as principle residence for the  2 out of 5 year immediately preceding the sales

so here correct option is C. $250,000

5 0
3 years ago
A recession within a nation will _________ imports directly, but the impact on the national economy is negative.
katen-ka-za [31]

A recession within a nation will <u>reduce</u> imports directly, but the impact on the national economy is negative.

Monetary policy. monetary policy consists of the steps the central bank of a nation can take in order to regulate the nation's money supply. For example, a central bank might reduce interest rates during a recession in order to make loans more readily available to other banks and thus stimulate economic recovery.

During a recession, the economic struggles, people lose work, companies make fewer sales, and the country's overall economic output decline. The point at which the financial system officially falls right into a recession relies upon an expansion of things.

Monetary policy can offset a downturn due to the fact that decreased interest rates reduce consumers' cost of borrowing to shop for large-ticket objects such as cars or homes. For firms, the economic policy also can reduce the value of an investment.

Learn more about Monetary policy here brainly.com/question/13926715

#SPJ4

4 0
2 years ago
What is generally TRUE about earning an income?
Daniel [21]
I think it could possibly be d?
5 0
2 years ago
Read 2 more answers
Other questions:
  • Of 58 bank customers depositing a check, 15 received some cash back. (a) Construct a 90 percent confidence interval for the prop
    15·1 answer
  • First National Bank charges 13.7 percent compounded monthly on its business loans. First United Bank charges 14 percent compound
    7·1 answer
  • Hannah allowed her friend Carol to borrow her laptop computer for a week during Thanksgiving Break. During that time Carol, with
    10·1 answer
  • Computing cash flows from financing LO P3 Additional short-term borrowings $ 20,000 Purchase of short-term investments 5,000 Cas
    10·1 answer
  • On-Time Delivery Company acquired an adjacent lot to construct a new warehouse, paying $27,000 and giving a short-term note for
    6·1 answer
  • Which economic system leaves production decisions completely up to the producers? 1. mixed economy 2. command economy 3. planned
    11·1 answer
  • M2-28. Computing and Comparing Income and Cash Flow MeasuresPenno Corporation recorded service revenues of $200,000 in 2020, of
    10·1 answer
  • What is the importance of the Define Phase in terms of its placement in the DMAIC method?
    5·1 answer
  • If Karla spent $200 on Wednesday to have the windows in her building washed, recorded the
    7·1 answer
  • What is the primary cause of failure for strategic initiatives?
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!