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umka21 [38]
3 years ago
14

Eric is admitted to a hospital to undergo a surgery for hernia. he is unable to discern the expertise of his surgeon before the

surgery nor evaluate the quality of the service after the surgery. in this case, the expertise of eric's surgeon is an example of a(n) _____.
Business
2 answers:
Margaret [11]3 years ago
6 0

The answer to the blank space is credence attribute. Credence attribute refers to how a good or service cannot be evaluated by consumers even after using it – even though the consumers feels the perceived value.

In the example of the question, Eric clearly doesn’t quite understand the expertise of the surgeon and is unable to evaluate it but nevertheless he benefits from it through his hernia surgery.

zysi [14]3 years ago
5 0

Answer:

Credence attribute

Explanation:

Credence attribute refers to situations in which a customer cannot personally evaluate the quality or expertise of a particular person who provides a good or service prior to obtaining it. This means that a person cannot see with his own eyes, before purchase or consumption, whether a person is adequate for the job that he is required to do or the good he is required to produce. Therefore, the customer has to believe in his reputation or his claims of expertise. This is the case with Eric, who is unable to discern whether his surgeon is good or not at what he does.

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Carla is upset about a recent action taken by a top manager at her company that was against the interest of the employees in the
jolli1 [7]

Answer:

A. Cross- Functional Group

Explanation:

A Cross Functional team/group or simply referred to as CFT represents a team that comprise of persons drawn from different areas, departments and functions within an organisation. For instance members of a CFT can be from sales, human resource, marketing and accounting among others.

Members of a CFT are usually personnels from the lower cadres in an organisation and their coming together can be good for making decisions, deliberating on issues bothering the company and they can even be put together by top management as a working group to achieve certain goals.

A unique advantage for Carla to set up a Cross-functional group is inherent in the fact that employees of the lower levels of management that are affected by the action would cut across several units and departments and brining personnel together from this various departments will help to develop solutions to the problem at hand.

6 0
3 years ago
An accounting firm has five offices in five separate cities. Employees need to transmit data between the different offices, and
Airida [17]

An accounting firm has five offices in five separate cities. Employees need to transmit data between the different offices, and it is crucial that none of the data is altered during transmission. This e commerce concern is known as D<u>ata  Confidentiality</u>

<u></u>

Explanation:

  • Data confidentiality is about protecting data against unintentional, unlawful, or unauthorized access, disclosure, or theft.
  • Confidentiality has to do with the privacy of information, including authorizations to view, share, and use it.
  • Confidential Information should not be accessible to an unauthorized person. It should not be intercepted during the transmission.
  • Confidentiality refers to protecting information from being accessed by unauthorized parties.
  • Only the people who are authorized to do so can gain access to sensitive data. Imagine your bank records.
  • A failure of confidentiality, known as a breach, typically cannot be remedied.
6 0
3 years ago
Read 2 more answers
On May 1, 2020, Ayayai Company issued 2,400 $1,000 bonds at 102. Each bond was issued with one detachable stock warrant. Shortly
Neko [114]

Answer:

A. Dr Cash $2,448,000

Dr Discount on bond payable $24,000

Cr Bond payable $2,400,000

Cr Paid in capital stock warrants $72,000

B. May 1

Dr Cash $2,448,000

Dr Discount on bonds payable $24,713

Cr Bonds payable $2,400,000

Cr Paid in capital stock warrants $72,713

Explanation:

a. Preparation of the entry to record the issuance of the bonds and warrants

May 1

Dr Cash $2,448,000

Dr Discount on bond payable $24,000

Cr Bond payable $2,400,000

Cr Paid in capital stock warrants $72,000

(To record the issuance of the bonds and warrants )

Workings:

Cash = (2,400 * 1,000) * 102%

Cash = 2,400,000 * 1.02

Cash = $2,448,000

Discount on bond payable = (2,400 * 1,000) * (1 - 99%)

Discount on bond payable = 2,400,000 * 0.01

Discount on bond payable = $24,000

Bond payable = 2,400 * 1,000

Bond payable = $2,400,000

Paid in capital stock warrants = 2,448,000 + 24,000 - 2,400,000

Paid in capital stock warrants = $72,000

b.Preparation of the entry to record the issuance of the bonds and warrants Assume the same facts as part (a), except that the warrants had a fair value of $30.

May 1

Dr Cash $2,448,000

Dr Discount on bonds payable $24,713

Cr Bonds payable $2,400,000

Cr Paid in capital stock warrants $72,713

(To record the issuance of the bonds and warrants )

Workings:

Fair value of bonds = (2,400 * 1,000) * 98%

Fair value of bonds = 2,400,000 * 0.98

Fair value of bonds = $2,352,000

Fair value of warrants = 2,400 * 30

Fair value of warrants = $72,000

Fair value = $2,352,000 + 72,000

Fair value = $2,424,000

Allocated to bonds=$2,352,000/$2,424,000*$2,448,000

Allocated to bonds=$2,375,287

Allocated to warrants=$72,000/$2,424,000*$2,448,000

Allocated to warrants=$72,713

Cash = 2,400 * 1,000 * 102%

Cash = 2,400,000 * 1.02

Cash = $2,448,000

Discount on bonds payable = 2,400,000 - $2,375,287

Discount on bonds payable = $24,713

6 0
3 years ago
If their gross income exceeds $600,
nataly862011 [7]

If Estates are required to file income tax returns if their gross income exceeds $600 and all corporations must file regardless of income. This is called <u> Tax filing requirements.</u>

<u />

<h3>What is Tax filing requirements?</h3>

Tax filing requirements can be defined as the requirement a person or a tax payer  is expected to meet or abide by while filing for tax return.

Tax payer must always check tax filing requirement in order to know whether they meet the requirement before filling for a tax return.

Therefore  this is called <u> Tax filing requirements.</u>

The complete question is:

Estates are required to file income tax returns if their gross income exceeds $600. All corporations must file regardless of income.

Learn more about Tax filing requirements here:brainly.com/question/14748046

#SPJ1

7 0
2 years ago
Marmol Corporation uses the allowance method for bad debts. During year 1, Marmol charged $30,000 to bad debt expense, and wrote
4vir4ik [10]

Answer: Option (d)

Explanation:

Under this case the write off will be as follow:

                                                                      Debit         Credit

Allowance for doubtful accounts                25,200  

Accounts receivables                                                     25,200

Here, in this case the Allowance for the doubtful accounts and Accounts receivables are further decreased as the outcome of the transaction made. Thus, there will be no further effect on working capital. Therefore the $30,000 that is bad debt would then be stated as the credit to allowance account. This will then decrease the working capital by $30,000.

4 0
4 years ago
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