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Firdavs [7]
3 years ago
7

Entry field with correct answerQuality of information that permits users to identify similarities in and differences between two

sets of economic phenomena.Having information available to users before it loses its capacity to influence decisions.Information about an economic phenomenon that has value as an input to the processes used by capital providers to form their own expectations about the future.Information that is capable of making a difference in the decisions of users in their capacity as capital providers.Absence of bias intended to attain a predetermined result or to induce a particular behavior.Quality of information that assures users that information represents the economic phenomena that it purports to represent.The extent to which information is accurate in representing the economic substance of a transaction.Includes all the information that is necessary for a faithful representation of the economic phenomena that it purports to represent.Quality of information that allows users to comprehend its meaningThe annual reports of Best Buy Co. are audited by certified public accountants.
Business
1 answer:
Ivanshal [37]3 years ago
3 0

Answer:

1. Comparability: Quality of information that permits users to identify similarities in and differences between two sets of economic phenomena.

2. Timeliness: Having information available to users before it loses its capacity to influence decisions.

3. Predictive Value: Information about an economic phenomenon that has value as an input to the processes used by capital providers to form their own expectations about the future.

4. Relevance: Information that is capable of making a difference in the decisions of users in their capacity as capital providers.

5. Neutrality: Absence of bias intended to attain a predetermined result or to induce a particular behavior.

6. Faithful Representation: Quality of information that assures users that information represents the economic phenomena that it purports to represent.

7. Free From Error: The extent to which information is accurate in representing the economic substance of a transaction.

8. Completeness: Includes all the information that is necessary for a faithful representation of the economic phenomena that it purports to represent.

9. Understandability: Quality of information that allows users to comprehend its meaning.

10. Verifiability: The annual reports of Best Buy Co. are audited by certified public accountants.

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A land title search office has a staff of three, each working eight hours per day (for a total payroll cost of $480/day) and ove
miv72 [106K]
<span>Well, your costs per title have decreased from: $780/7 = $111.43 to: $1080/12 = $90 That represents a decrease in costs of almost 20%. Then. taking the change in titles processed per dollar of cost (the reciprocals of previous calculations), means that total productivity has increased by around 23.8%. Are you calculating labor productivity as including overhead? Because then the answer is 23.8%.</span>
4 0
3 years ago
Read 2 more answers
Paradise Corporation budgets on an annual basis for its fiscal year. The following beginning and ending inventory levels (in uni
Ksivusya [100]

Answer:

A) 500,000 units

Explanation:

Calculation to determine what the number of units it would have to manufacture during the year would be:

Using this formula

Units produced= Finished goods Ending inventory+Units sold-Finished goods Beginning inventory

Let plug in the formula

Units produced = 60,000 + 510,000 − 70,000

Units produced = 500,000 units

Therefore the number of units it would have to manufacture during the year would be:500,000 units

6 0
3 years ago
Management of Mittel Rhein AG of Köln, Germany, would like to reduce the amount of time between when a customer places an order
Delicious77 [7]

Answer:

1. The throughput time is 9 days

2. The MCE is 0.30

3. 70% of the throughput time was spent on non-value added activities.

4. The delivery cycle time is 23 days

5. The New MCE is 67.5%

Explanation:

1. To calculate the throughput time we would have to use to make the following calculation:

throughput time=process time+inspection time+movie time+queue time

throughput time=2.7+0.3+1+5

throughput time=9 days

2. To calculate the MCE we would have to use to make the following calculation:

MCE=value added time/throughput time

MCE=2.7/9=0.30

3. MCE is 30% which means that out of the total throughput time, time spent on value added activities was 30%. Thus it means that 70% of the throughput time was spent on non-value added activities.

4. To calculate the delivery cycle time we would have to use to make the following calculation:

delivery cycle time=wait time+throughput time

delivery cycle time=14+9=23 days

5. To calculate the new MCE we would have to use to make the following calculation:

New MCE=value added time/throughput time

New MCE=2.7/4

New MCE=67.5%

3 0
3 years ago
3.A lockbox plan is most beneficial to firms that a. have widely dispersed manufacturing facilities. b. have a large marketable
kramer

Answer:

D) have customers who operate in many different parts of the country.

Explanation:

A lockbox is basically a bank mailing address where a company's clients can send their payments to. It is similar to mailbox that receives letters, only that this one receives checks and cash. The bank is in charge of opening the lockbox and depositing the cash and checks to the company's account, and reporting the information.

7 0
3 years ago
Read 2 more answers
Omaha Beef Co. purchased a delivery truck for $50,000. The residual value at the end of an estimated eight-year service life is
kati45 [8]

Answer:

2500

Explanation:

First depreciate for 6 years using regular method: (Cost - Salvage Value)/Initial Useful life

(50,000-10,000)/8 = 5000 <- this is annual depreciation

For 6 years, $30,000 accumulated depreciation

Now to calculate change in useful life, you do (Cost - Accumulated Depreciation - Salvage Value)/Remaining Useful life

Remaining Useful life = 10-6 = 4

(50,000-30,000-10,000)/4 = 2500

8 0
3 years ago
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