Answer:
A) To be more conservative in planning for an individual's retirement, decrease the individuals life expectancy.==>TRUE
B) A sensitivity analysis helps the advisor determine the single most effective factor in a retirement plan. ==> FALSE
C) A Monte Carlo Analysis uses a random number generator to provide the advisor with an array of possible outcomes utilizing the same fact patter. ==>TRUE
D) The capital preservation model assumes that at retirement the client will have exactly the same account balance as he did at his ideal working age. ==> TRUE
Answer:
Total overhead rate = $34.17 per machine hour
Explanation:
The total overhead rate would the sum of the variable overhead rate and the fixed overhead rate
<em>The pre-determined fixed overhead absorption rate = Estimated fixed overhead /Estimated machine hours </em>
<em>DATA:</em>
<em>Estimated overhead - $256,500.</em>
<em>Estimated machine hours - 10,000 machine hours</em>
The pre-determined fixed overhead absorption rate =
$256,500/ 10,000 machine hours = 25.65 per hour
<em>The pre-determined overhead absorption rate = $25.65 per hour</em>
Total overhead rate = Variable rate + Fixed rate
= $8.52 + $25.65 = $34.17
Total overhead rate = $34.17 per machine hour
Answer:
She was involved in objectionable self-dealing.
Explanation:
Wendy was the president of a business, which made the product she started to make individually at her home, after learning it from the business.
That clearly reflects that the business might have provided the knowledge to Wendy, but using that knowledge in benefit of the self and not of the company, is a unethical act on the part of the individual.
Here Wendy the president of company, rather than promoting the products of the company promoted the products she manufactured individually at her home. This clearly proves that she is self oriented in a negative manner which is a loss for the company.
Her acts are objectionable.
The concept of four absolutes quality where quality is considered as necessity and conformance to standard is propounded by Crosby.
Philip B. Crosby in his theory defined quality as something that must be aligned to fulfill customer's need
