Answer:
1. To reduce the company's tax bill, Jack uses total cost to value inventory instead of using product cost as required by law.
- Competence: accounting records must follows applicable laws, regulations and standards, you must IRA and GAAP rules when preparing financial statements and tax reports.
2. Since Emilie works in the accounting department, she is aware that profits are going to fall short of analysts' projections. She tells her aunt to sell stock in the company before the earnings release date.
- Confidentiality: accounting records must b confidential unless you are authorized to disclose them, and you are not authorized to disclose the information to your aunt.
3. Veronica pays a Mexican official a bribe of $50,000 to allow the company to locate a factory in that jurisdiction so that the company can take advantage of the cheaper labor costs. Without the bribe, the factory cannot be located in that location.
- Integrity: you must abstain from performing illegal activities, and bribery is illegal.
4. There is a failure in the company's backup system after a system crash. Month-end reports will be delayed. Kayla, the manager of the division experiencing the system failure, does not report this upcoming delay to anyone since she does not want to be the bearer of bad news.
- Credibility: you must report all relevant and important information regardless of whether that information will make you bad or not.
Answer:
Correct answer is B.
<u>$26.86 per mile</u>
Explanation:
Total estimated cost for travel = 94000
Total miles driven = 3500
Overhead allocation rate = total estimated cost/total miles
= 94000/3500
=26.85714 or 26.86
Answer:
A greater saving will reduce the impact of the multiplier.
Explanation:
A multiplier generally refers to the factor that amplifies or increase the initial change of something else.
In economics, multiplier refers how change in spending or saving results into a larger change in local output and income.
Since addition of marginal propensity to consume (MPC) and marginal propensity to save (MPS) is equal to 1, the formula for calculating a multiplier can be stated as:
Multiplier = 1/(1 - MPC) or 1/MPS
From the question therefore, when MPS = 0.10, we have:
Multiplier = 1/0.10 = 10
When MPS is increases to 0.20, we have:
Multiplier = 1/0.20 = 5
Since 5 is less than 10, a greater saving will therefore reduce the impact of the multiplier.
Answer:
Goals are the tools with which people engage in volitional behavior. Whereas goal pursuit was traditionally assumed to be strongly related to consciousness, recent research and theorizing suggest that goals guide behavior through attention, and this guidance can occur outside of a person's awareness
Explanation:
Answer:
22 days
Explanation:
number of activities : 3 ( A,B,C)
connected via : SS and FF combination. days lag on SS and F = 2
Durations : 5,10 and 3
A and B is connected by SS and there is a 2-day lag on the SS connection, this means that B will start 2 days after A have ended
i.e when T = 0 , B will start : 5 +2 = 7 days and end in 17 days
while B and C is connected by FF and there is also a 2-day lag on the FF connection, this means that C will start after B has ended and end in 2 days
i.e when B ends at 17 days ; C starts = 17 + 2 = 19 DAYS
hence the project will end in 19 + 3 = 22 days ( i.e when C ends )
