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
Opera Corp uses the periodic inventory system. For the current month, the beginning inventory consisted of 7,200 units that cost
Kryger [21]

Answer:

$159,057

Explanation:

The computation of cost of goods sold is shown below:-

Total cost of goods available for sale = (7,200 × $10) + (4,000 × $13) + (12,000 × $13.50)

= $72,000 + $52,000 + $162,000

= $286,000

Total units = 7,200 + 4,000 + 12,000

= 23,200

Average cost per unit = Total cost of goods available for sale ÷ Total units

= $286,000 ÷ 23,200

= $12.33

So,

Cost of Goods sold = Sold units during the month × Average cost per unit

= 12,900 × $12.33

= $159,057

Therefore for computing the cost of goods sold for the month we simply applied the above formula.

3 0
3 years ago
Nipurna is a high school guidance counselor. Nipurna is well liked by the staff and students whom she supervises. She recognizes
Mnenie [13.5K]

Answer:

It would appear that she develops a participatory leadership or management.

Explanation:

"Theory Y managers have an optimistic, positive opinion of their people, and they use a decentralized, participative management style. This encourages a more collaborative, trust-based  relationship between managers and their team members.

People have greater responsibility, and managers encourage them to develop their skills and suggest improvements. Appraisals are regular but, unlike in Theory X [authoritative] organizations, they are used to encourage open communication rather than control staff."

Reference: Mind Tools Content Team. “Theory X and Theory Y: Understanding People's Motivations.” Team Management Training from MindTools.com, 2019.

3 0
3 years ago
Widget Inc. manufactures widgets. The company has the capacity to produce​ 100,000 widgets per​ year, but it currently produces
gayaneshka [121]

Answer:

$62,100

Explanation:

Given that,

Sales price per unit = $ 40

Variable costs per​ unit:

Manufacturing = $ 23

Marketing and administrative = $ 8

Total fixed​ costs:

Manufacturing = $ 76,000  

Marketing and administrative = $24,000

Total incremental costs:

= Variable manufacturing + Variable marketing and administrative

= (6,900 × $23) + (6,900 × $8)

= $158,700 + $55,200

= $213,900

Incremental income:

= Incremental revenue - Total incremental costs

= (6,900 × $40) - $213,900

= $276,000 - $213,900

= $62,100

Therefore, the operating income increases by $62,100.

7 0
3 years ago
Suppose that a firm’s marginal production costs are given by MC = 10 + 4Q. The firm’s production process generates a toxic waste
SCORPION-xisa [38]

Answer:

A) Marginal private cost= 50

B) Total Marginal social cost to society = 70

Explanation:

A) In order to find the marginal private cost we will use the firms production cost formula as it is the private cost that the firm is enduring and is only relevant to the firm's cost and not the society's cost.

In order to find the marginal unit cost of the 10th unit produced will will replace Q in the formula by 10 as it represents quantity.

MC= 10 + 4Q

MC= 10 + 4(10)

MC= 10 +40 = 50

B) In order to find the marginal cost to society we will add the marginal external cost of the 10th unit to its private cost. We already know the marginal private cost is 50 now we need to find the marginal external cost to it to find the total marginal cost.

Marginal external cost = 2Q

Q= 10

Marginal external cost = 2*10 =20

The total Marginal cost to society= 50 + 20= 70

3 0
3 years ago
The ___ show(s) the quantity of a good consumers would be willing and able to purchase at a given time for a range of prices whi
finlep [7]

Answer:

a) demand curve and demand schedule

Explanation:

A demand schedule is actually a table while a demand curve is a graph. Understanding the difference between the two of them is important in answering this question but both show different quantities of goods that consumers are willing to buy at different prices. An important assumption is that other factors affecting the quantity demanded are held constant. In summary, a demand schedule shows this relationship in a tabular form while demand curve shows it in a graphical form.

3 0
3 years ago
Other questions:
  • Dotterel Corporation uses the variable cost concept of product pricing. Below is cost information for the production and sale of
    6·1 answer
  • Product innovation refers to efforts to create designs and applications of technology to develop new products, while __________
    10·1 answer
  • What is the last step in the vehicle starting procedure?
    14·1 answer
  • The most important factor determining whether a research collaboration will be successful is:
    8·2 answers
  • direct materials $34, direct labor $27, variable manufacturing overhead $15, fixed manufacturing overhead $43, variable selling
    11·1 answer
  • Assume that instead, the debtholders had negotiated a covenant based on the maximum amount of investment (so, they set a maximum
    10·1 answer
  • Each day Wal-Mart's integrated supply chain management system is used to ship products from distribution centers to the company'
    5·1 answer
  • Calculating Residual Income East Mullett Manufacturing earned operating income last year as shown in the following income statem
    13·1 answer
  • Annual maintenance cost for a particular section of highway pavement are $3,000.The placement of a new surface would reduce the
    12·1 answer
  • Sheridan Company uses the percentage-of-receivables method for recording bad debt expense. The Accounts Receivable balance is $2
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!