Answer:
a. Incremental analysis.
b. Sunk cost.
c. Relevant information.
d. Opportunity cost.
e. Joint products.
f. Out-of-pocket cost.
g. Split-off point.
Explanation:
a. Incremental analysis: examination of differences between costs to be incurred and revenue to be earned under different courses of action.
b. Sunk cost: a cost incurred in the past that cannot be changed as a result of future actions. Sunk cost can be defined as a cost or an amount of money that has been spent on something in the past and as such cannot be recovered.
c. Relevant information: costs and revenue that are expected to vary, depending on the course of action decided on. Hence, relevant cost are relevant for decision-making purposes but not sunk costs.
d. Opportunity cost: the benefit foregone by not pursuing an alternative course of action. Opportunity cost also known as the alternative forgone, can be defined as the value, profit or benefits given up by an individual or organization in order to choose or acquire something deemed significant at the time.
e. Joint products: products made from common raw materials and shared production processes.
f. Out-of-pocket cost: a cost yet to be incurred that will require future payment and may vary among alternative courses of action.
g. Split-off point: the point at which manufacturing costs are split equally between ending inventory and cost of goods sold. Thus, it give rise to joint products that emerge from the same raw materials and a shared manufacturing process.
I got B, C and D.
Let's go through the process of elimination and my explanation for my answers.
First A, with Stem you don't need to work good with customers because you are doing science, math, technology etc. Working good with customers wouldn't need to be a requirement. B. You will need to know how to work in laboratories, especially if you're going to be in science. Science stem usually has laboratories for scientists to do there discoverys on. C. Technology can be another job for stem careers, they can learn how to code and do other technology stuff. That would be a requirement while working for a Technology career in stem. D. Let's say you were working for a science career, you would need to analyze data to get accurate data stets. It would be a skill needed for that. E. Developing Bridges is something that would not be needed to practice or knowing how to do. Yes, Engineering could be a carrer but it would not just be needing to build a Bridge, you would need much more skill than that. F. <u>I want you to give that one a try,</u> that one is a tricky one. Let's find it out together. So, you need to know how to design products for Engineering, right? But is that one of the main skills for working? Find that one out and let me know <u>what you get. </u>
Answer:
C) tracking clients investment
Explanation:
Person finance involves the management of an individual's or a family's financial aspects, such as budgets, taxation, savings, and investments. A personal finance manager evaluates the financial need of an individual or a family . He or she assist in making decisions that lead to the attainment of short-term and long-term financial goals.
A personal finance manager plays several roles in helping their clients achieve their objectives, some of them include
- Develop realistic financial goals with the clients.
- Make plans on how the client will achieve his or her goals
- Recommending and undertaking investments on behalf of the clients.
- Assist clients in making specific provision for anticipated expenses such as education and retirement.
- Monitor investments on behalf of the client.
Answer:
The correct answer is (e)
Explanation:
The interpersonal process is a key aspect which helps team members to grow and trust each other. It helps to build confidence within the team members. The role of Kevin is to improve confidence and motivate team members, which is an interpersonal process. It is related to individual traits and qualities. The interpersonal process is handling by someone who has relevant experience to encourage and motivate people. It is an essential process before the task, and within the task to achieve necessary results.
Answer:
a. Is JV a variable interest entity (VIE)?
Yes, JV should be considered a variable interest entity. Basically both AutoCo and ElectricCo share JV's board, but ElectricCo didn't have the money to start a company or even be part of a joint venture. ElectricCo's equity is financed by AutoCo, so ElectricCo has basically no no equity at risk. Even the debt acquired by JV is backed by AutoCo, but AutoCo does not control JV on its own.
Basically ElectricCo's contribution is technology, and AutoCo provides everything else, but both control the company with one side (ElectricCo) not having enough money to invest but doing so through financing.
b. Which entity, if any, should consolidate JV?
AutoCo must include JV in its consolidated balance sheet since it owns 60% of the company and the products manufactured by JV are sold under AutoCo's brand.
