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katen-ka-za [31]
3 years ago
5

A client asks his accountant to ignore a mistake which overstated the accounts receivable account. The accountant decides that t

he accounts receivable account has to be corrected to state the correct amount based on the current accounting rules. Which stage of Kohlberg' Stages of Moral Development is the accounting reasoning?
Business
1 answer:
seropon [69]3 years ago
3 0

Answer:

Stage 4

Explanation:

Kohlberg's stages of moral development postulates that the individual undergoes continous moral development over the span of his life. He focused on the thinking process of an individual in deciding if an action is right or wrong.

There are 6 stages of moral development. In stage now the person fears punishment, in stage two thinking is in terms of possible reward or punishment, stage three involves acting in the interest of others, stage four emphasise upholding the law, social values and authority.

Stage five upholds right of a society, and stage six involves individual values.

In this case the accountant insists on recording the corrected entry according to accounting rules. He is in stage four of moral development.

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2. Below are mixed SWOT factors of KFC case study. Fill the chart to Identify each SWOT factor. (2points each)
Ludmilka [50]

Answer:

Strengths :

1. With over 15,000 establishments in 120 countries, KFC is an internationally recognized venue.

2. Alongside KFC, Taco Bell and Pizza Hut also share the same corporate owner brands. Brands have the influence, power, and resources to improve KFC as a restaurant.

3.  KFC became popular thanks to its good chicken

Weaknesses :

                                                             

1. Serving high-fat foods; considering how health-conscious the public is these days, greasy chicken is not going to cut it anymore.

2. KFC follows a franchise management system, meaning each one is individually managed. It is not uncommon for one KFC to have high reviews while another, just down the street, is collecting bad press.

Opportunities :

1. By maintaining the same price point with new menu options, KFC is positioned to enter a new market without sacrificing the beloved chicken-focused meals

2.      KFC is in the prime spot to dive into the vegetarian market. Adding new vegetarian options will improve the relationship between KFC and health-conscious and vegetarian consumers

3. Introduce new products fish and deals menu that will attract more customers.

Threats :

1. Increasing numbers of competitors.

2. Raw material prices are rising.

3 0
2 years ago
A company produces products at 2 plants each of which have a capacity of producing 75 units. 50 units of each product must be sh
zalisa [80]

Answer:

the answer is 6

Explanation:

In this case we would need to have a combination of each plant with each customer. So the variable would be in this way (3C X 2P)

              Customer1            Customer2           Customer3

Plant1      P1C1                      P1C2                     P1C3

Plant2     P2C1                     P2C2                    P2C3

Once you have this you can calculate the best combination to minimize the cost of shipping

7 0
3 years ago
4. Explain examples of both professional and unprofessional communication.
lara31 [8.8K]

Answer:

Professional Communication: The term professional communication refers to the different forms of speaking, listening, gestures and writing to and fro in the workplace. It can be either in person or through emails or any other electronic communication.

Example: Listening carefully while someone is giving speech. Mobile on silent mode while in meeting.

Unprofessional Communication: The term unprofessional communication refers to the different forms of speaking, listening, writing and gestures in a casual manner which seems to be rude and not up to the mark.

Example: Verbally interrupting is an unprofessional method of not listening. Mobile phone rang in a meeting.


4 0
2 years ago
​Isabellas, Inc., a local convenience​ store, sells soft drinks. It sells two large drinks for every small drink. A large drink
rjkz [21]

Answer:

Weighted average contribution margin= $1.85

Explanation:

Giving the following information:

It sells two large drinks for every small drink. A large drink sells for $3.00 with a variable cost of $ 0.60. A small drink sells for $ 1.25 with a variable cost of $ 0.50.

To calculate the weighted average contribution margin, we need to use the following formula:

Weighted average contribution margin= (weighted average selling price - weighted average unitary variable cost)

Sales proportion:

Large drink= 0.67

Small drink= 0.33

Weighted average contribution margin= (0.67*3 + 0.33*1.25) - (0.67*0.6 + 0.33*0.5)

Weighted average contribution margin= 2.4225 - 0.567

Weighted average contribution margin= $1.85

4 0
3 years ago
Match the association type with the person that best fits the description: opportunistic association a. your favorite teacher b.
wariber [46]

I believe the answer is: d. the man you met while walking your dog

Opportunistic association refers to an association that is formed that you met by small chance when you are doing your daily activities. Meeting that specific man when walking your dog could only occurs in small chance if you both somehow decided to pass the roads at the same time.

8 0
3 years ago
Read 2 more answers
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