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Wewaii [24]
3 years ago
13

Herbert, a finance analyst at a company, is asked to deliver a presentation to all employees of the company on the procedure inv

olved in filing tax returns. He ensures to keep the language simple and does not use any financial jargon during the presentation. Instead, he uses commonly known terms to convey the message. Which of the following communication guidelines is Herbert following in the given scenario?
A. Avoid bias
B. Analyze one's audience
C. Avoid the use of slang
D. Be concise
Business
2 answers:
Papessa [141]3 years ago
7 0

Answer:

The correct option is D, be concise

Explanation:

Being concise means that the presenter is being asked to achieve two opposing objectives of using few words as much as possible as well as being comprehensive enough such that the audience understand the topic appropriately.

Conciseness in actual terms, is required because the audience are not trained finance professionals and would not be able to comprehend professional terminologies.

xenn [34]3 years ago
7 0

Answer:

B. Analyze one's audience

Explanation:

Analyzing one's audience involves adapting to one's audience before speaking. That is, identifying and adapting the speech to the audience level of interests, understanding and belief. In this case, the speakers' effectiveness in communicating with the audience is improved and the speech becomes audience-centered. In the scenario presented, Herbert, the finance analyst had to analyze the audience and kept the language simple rather than filling the audience with financial jargon which may put them off track.

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Answer:

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Explanation:

7 0
3 years ago
Brainard Corporation's budgeted sales for the upcoming quarter are $400,000. Its supporting budgets and schedules show a beginni
Paul [167]

Answer:

Brainard Corporation

1. The company's budgeted gross profit for the upcoming quarter is $225,000.

2. The company's budgeted income before taxes for the upcoming quarter is $70,000.

3. The company's budgeted income taxes for the upcoming quarter are $28,000.

4. The company's budgeted net income for the upcoming quarter is $42,000.

Explanation:

a) Data and Calculations:

Budgeted Income Statement for the quarter:

Budgeted sales                                       $400,000

Cost of goods sold:

Beginning inventory                $15,000

Cost of goods manufactured  185,000

Cost of goods available       $200,000

less Ending inventory               25,000    175,000

Gross profit                                            $225,000

Selling and administrative    $148,000

Interest expense                        7,000    155,000

Income before tax                                   $70,000

Income taxes (40%)                                   28,000

Net income                                              $42,000

3 0
3 years ago
The funded status of Hilton Paneling Inc.'s defined benefit pension plan and the balances in prior service cost and the net gain
krok68 [10]

Answer:

1. Actual return on Plat assets

= Ending plan assets - beginning assets - employer contribution + retirees payment

= 2,591 - 2,400 - 245 + 270

= $216,000

2. Gain(loss) on plan assets

= Actual return - expected return

= 216,000 - (10% * 2,400,000-beginning assets)

= ($24,000) loss

3. Service cost

= Ending Projected benefit obligation - Beginning Projected benefit obligation - Interest cost + Retiree benefits

= 2,501 - 2,300 - (7% * 2,300) + 264

= $304,000

4. Pension expense

= Interest cost + expected return + Amortization of prior service cost + amortization of net gain + Service cost

= Interest cost + expected return + (beginning prior service cost - ending prior cost) + (Beginning net gain - ending net gain - loss on plan asset)  + Service cost

= (7% * 2,300)  + 240 + (325 - 300) + (330 - 300 - 24) + 304

= $736,000

5. Average remaining service life of active employees

= (Beginning Net gain - expected return) / Amortization of net gain

= (330 - 300) / (330 - 300 - 24)

= 5 years

4 0
3 years ago
Bottum Corporation, a manufacturing Corporation, has provided data concerning its operations for May. The beginning balance in t
ankoles [38]

Answer:

b) $54,500

Explanation:

Beginning balance of raw material = $27,500

Ending balance was = $51,000

Purchases = $78,000

Direct cost of raw material is the net of the addition of the opening balance of raw materials and purchases less the closing balance. The manufacturing overhead cost is a mix of all the indirect cost incurred during production.

As such, the manufacturing overhead cost of $118,500 consisting of $3,500 consisted of raw materials would not be considered in determining the direct raw material cost.

Direct cost of raw material = $27,500 + $78,000 - $51,000

= $54,500

6 0
3 years ago
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olganol [36]
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4 0
3 years ago
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