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3 years ago

A quality-of-life index measures absolute poverty levels. A. True B. False

Business

1 answer:

Nady [450]3 years ago

5 0

Answer:

B. False

Explanation:

The quality of life index refers to an index that was established by the sociologist whose name is Morris David Morris in the year 1970 that are depend on the basic literacy level, infant mortality, and the life expectancy level

In the given question, it is mentioned that the quality of life index measures the absolute levels of poverty i.e. totally wrong as it measured the things that are stated above

Hence, the given statement is false

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g Question 3 At Springfield, the engraving department is a bottleneck, and the company is considering hiring an extra worker, wh

erastovalidia [21]

Answer:

The net income will increase by $15,340 due to hiring of extra worker.

Explanation:

Salary of extra worker = $55,577

Extra production = 7,700 units

Selling price per unit = $13

Direct material per unit = $2.56

Direct labor per unit = $1.00

Variable overhead per unit = $0.23

Fixed overhead = $3.90. Due to extra production, fixed overhead will not increase.

Particulars Amount

Sales revenue (7,700 * 13) $100,100

Expenses:

Direct material (7,700 * $2.56) -$19,712

Direct labor (7,700 * $1.00) -$7,700

Variable overhead (7,700* 0.23) -$1,771

Salary of extra worker <u>-$55,577 </u>

Net income <u>$15,340</u>

Thus, due to hiring of extra worker net income income will increase by $15,340

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3 years ago

Supply chain management should begin with a focus on _______. a. the producer b. the marketing channel c. the customer d. the se

krek1111 [17]

Answer:

Explanation:

Supply chain management involves managing all the processes involved in converting raw materials to finished goods and distributing such goods or services to satisfy customer needs.

Processes involved in supply chain management include; sourcing for raw materials, manufacturing, packaging, delivery, customer service.

Before any of these processes are carried out however, an organization must first focus on identifying the needs of its customers and then provide products that add value for the customers and satisfy their needs.

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2 years ago

__________ is the function in business that is responsible for acquiring funds for the firm and managing funds within the firm.

Contact [7]

The financial manager must decide how much money is needed and when, how best to use the available funds, and how to get the required financing

<h3>What is financial manager?</h3>

Financial managers are in charge of an organization's financial health. They create financial reports, direct investment activities, and plan for their organization's long-term financial goals.

A financial manager is in charge of maintaining the proper balance of equity and debt. Funding allocation: The next step is to allocate the funds after they have been raised. The best way to allocate funds: the size of the organizations and their ability to grow.

The finance function serves two primary functions: it provides the financial information that other business functions require to function effectively and efficiently. to assist with business planning and decision making

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1 year ago

The individual mechanism that deals with workers' psychological reactions to overtaxing job demands is referred to as?

Mekhanik [1.2K]

The individual mechanism that deals with workers psychological reactions to overtaxing job demands is referred to as stress.

Stress is considered as a defensive mechanism, as it follows the three stages of resistance, alarm, and exhaustion. The psychological stress is usually associated with negative life changes.

So here in this case, the individual mechanism, which is dealing with the workers psychological reactions to overtaxing job demands is considered as stress. As the workers are stressed due to the overtaxing job demands.

Hence, the coping mechanisms are the strategies people often use in the face of stress in order to help manage painful or difficult emotions.

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5 0

1 year ago

The lower of cost or market approach is Blank______ for companies that use Blank______. Multiple choice question. required under

LenaWriter [7]

The lower cost or market approach is (C) required under GAAP for companies that use LIFO or retail inventory.

<h3>What is market approach?</h3>

The market approach is a method of evaluating an asset's worth based on the selling price of comparable assets.
Along with the cost technique and discounted cash-flow analysis, it is one of three main valuation methodologies (DCF).

Companies that use LIFO or retail inventory are obligated by GAAP to use the lower cost or market method.
A realtor, for example, can gather information on comparable real estate sales in close vicinity to a client's property and modify those values to account for differences in land area and building square footage to arrive at a market-based valuation for the targeted property.

Therefore, the lower cost or market approach is (C) required under GAAP for companies that use LIFO or retail inventory.

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The complete question is given below:

The lower cost or market approach is _____ for companies that use _____.

a. optional under GAAP; LIFO or the retail inventory

b. optional under GAAP; any method of inventory valuation

c. required under GAAP; LIFO or the retail inventory

d. required under GAAP; any method of inventory valuation

7 0

1 year ago