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
valentinak56 [21]
3 years ago
13

Daisy Inc., a manufacturing company, is planning to invest in newequipment. Thomas, the cost accounting manager, was in favor as

theinvestment had seemed profitable by his calculations. Later, he realizedthat some of the assumptions made were impractical and made theinvestment not as profitable as he had thought. He refrained fromdisclosing this information to management. In this scenario, which of thefollowing ethical behavior principles was violated by Thomas?
A. Objectivity
B. Independence
C. Confidentiality
D. Credibility
Business
1 answer:
NeX [460]3 years ago
7 0

Answer:

The correct answer is D. Credibility.

Explanation:

Thomas violated the credibility of his studies, because he omitted the error which caused a false expected result.

Credibility is that characteristic of certain things that make them credible, we talk about situations, verses or estimates of a certain presence. When we say that we observe the credibility of something we are making a measurement of what is credible and not facing a series of examples in order to make a comparison in this regard.

You might be interested in
Jason, a police officer, strongly believes in justice and does not accept bribes from others. According to Kohlberg's stages of
Fantom [35]

Answer:

postconventional level of moral development

Explanation:

Kohlberg's postconventional level of moral development says people now realise that some soceital laws are unjust and needs to change. They realise that people can disobey soceital norms based on their personal principles.

Principles could include human rights, justice, freedom of speech among others.

In this instance Jason has a strong sense of justice and this makes him not to collect bribes.

6 0
3 years ago
To conduct an experiment, a movie theater increased movie ticket prices from $9 to $10 and measured the change in ticket sales.
marusya05 [52]

Answer:

RELATIVELY INELASTIC

more elastic

less

Explanation:

Price elasticity of demand measures the responsiveness of quantity demanded to changes in price of the good.

Price elasticity of demand = percentage change in quantity demanded / percentage change in price  

If the absolute value of price elasticity is greater than one, it means demand is elastic. Elastic demand means that quantity demanded is sensitive to price changes.  

Demand is inelastic if a small change in price has little or no effect on quantity demanded. The absolute value of elasticity would be less than one

Demand is unit elastic if a small change in price has an equal and proportionate effect on quantity demanded

If demand is relatively inelastic and price increases, there would be little or no change in the quantity demanded and as a result, total revenue would increase

If demand were elastic and prices were increased, quantity demanded would fall more than the increase in price. As a result, total revenue would fall

In the long run, people have more time to search for suitable alternatives. Thus, demand tends to be more elastic in the long run

If the long run, price is increased, the total quantity demanded would fall and revenue would fall

5 0
2 years ago
Assume that sales are predicted to be $4,000, the expected contribution margin is $1,720, and a net loss of $280 is anticipated.
Alexeev081 [22]

Answer:

e)  $4,651

Explanation:

The break-even point is the level of activity that a company must operate to have its total cost equal to its total revenue. At this level of activity, the business makes a zero profit, as the total contribution is exactly the same as the total fixed cost.

It is important for the business to have an idea of the number of customers or units of product to sell inorder for it to cover its total fixed cost. This is the information the break-point analysis seeks to provide.

Working it out

Break-point in sales = Total General fixed cost/ Contribution margin ratio

Contribution margin ratio (CMR): Contribution is sales less variable costs. And the contribution margin ratio is the proportion of sales that is earned as contribution. The higher the better.

CMR = contribution/sales

Fixed cost = Contribution + net loss

We can now apply all these relationships to the question given:

Fixed cost = 1720 + 280

                 = 4,000

Contribution margin ratio = 1720/400 = 43%

Break-even sales ($) = 4000/0.43

                                        = $4,651

3 0
3 years ago
If the economy were encountering a severe recession, proper monetary and fiscal policies would call for:
Alexxx [7]
For purchasing government securities, diminishing the save proportion, lessening the markdown rate, and a budgetary deficiency. The Economic recession is a time of general monetary decrease and is normally joined by a drop in the share trading system, an expansion in joblessness, and a decrease in the lodging market. For the most part, a retreat is less extreme than a wretchedness.
4 0
3 years ago
During which phase of dmaic (define, measure, analyze, improve, control) is the sole purpose to demonstrate, with fact and data,
lawyer [7]
DMAIC is an acronym for Define, Measure, Analyze, Improve and Control. It is a procedure intended to enhance and keep up business forms. The period of which the sole intention is to show with actuality and information that your answers take care of your concern is "move forward." 
It alludes to an information driven change cycle utilized for enhancing, streamlining and settling business procedures and outlines. The DMAIC change cycle is the center device used to drive Six Sigma ventures.
7 0
3 years ago
Other questions:
  • The transaction price excludes discounts, volume rebates, coupons and free products, or services.
    5·1 answer
  • Hype Mobile Phones wants to learn how consumers decide which mobile phones to purchase, so it places researchers in mobile phone
    14·1 answer
  • The storm lasted as long as it takes rice to cook” is an example of
    6·2 answers
  • Boone Products had the following unit costs:Direct materials $24Direct labor 10Variable overhead 8Fixed factory (allocated) 18A
    13·1 answer
  • Vegan delite stock is valued at $68.60 a share. the company pays a constant annual dividend of $2.40 per share. what is the tota
    11·1 answer
  • Investment X offers to pay you $4,200 per year for eight years, whereas Investment Y offers to pay you $6,100 per year for five
    7·1 answer
  • Could you help with the question, please?
    14·1 answer
  • Trade promotions are sales promotion activities that are targeted for manufacturers, wholesalers, and retailers.
    14·1 answer
  • Sheffield Corp. bought a machine on January 1, 2011 for $814000. The machine had an expected life of 20 years and was expected t
    6·1 answer
  • What enables a oligopoly to form within a market
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!