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Tems11 [23]
4 years ago
12

A Excite Enterprises, a corporation of amusement parks, uses an accounting firm to handle the payroll and tax functions for the

company. Using the services of another firm in this manner is an example of _________.A. outsourcing.
B. functional reassignment.
C. core competencies.
D. benchmarking.
Business
1 answer:
Amanda [17]4 years ago
7 0

Answer:

The correct answer is A. Outsourcing.

Explanation:

Outsourcing is the process by which a firm identifies a portion of its business process that could be performed more efficiently and / or more effectively by another corporation, which is contracted to develop that portion of business. This frees the first organization to focus on the core function of its business. (The English term outsourcing has been translated into Spanish as outsourcing or outsourcing).

In other words, outsourcing consists of a company hiring a specialized external agency or firm to do something it does not specialize in.

You might be interested in
Choco Chocolata is a cookie company in Juarez, Mexico that produces and sells American-style chocolate chip cookies with extreme
lyudmila [28]

Answer:

(1) The total amount of product costs is $79,430.

(2) The total amount of period costs is $37,300.

Explanation:

Note: There are two requirements in this question as follows:

(1) What is the total amount of product costs?

(2) What is the total amount of period costs?

These two are answered as follows:

(1) What is the total amount of product costs?

Product cost can be described as the expenses that are incurred in order to produce a product. These types of expenses are charged to cost of goods sold and include direct materials, direct labor, factory overhead, and consumable production supplies.

Therefore, the total amount of product costs of Choco Chocolata can be calculated as follows:

Choco Chocolata

Computation of Total Product Costs

<u>Details                                                                     Amount ($)   </u>

Utilities for the bakery                                                  2,100

Paper used in packaging product                                  180

Salaries and wages in the bakery                            23,500

Cookie ingredients                                                    43,500

Bakery labor fringe benefits                                        1,300

Bakery equipment maintenance                                   800

Depreciation of bakery plant and equipment           2,200

Uniforms for bakers                                                        750

Insurance for the bakery                                                900

Boxes, bags, and cups used in the bakery                 1,100

Overtime premiums                                                     2,600

Idle Time                                                                  <u>        500  </u>

Total                                                                          <u>   79,430   </u>

Therefore, the total amount of product costs is $79,430.

(2) What is the total amount of period costs?

Period costs are costs that are related to passage of time but cannot not be charged to the cost of goods sold.

Therefore, the total amount of period costs of Choco Chocolata can be calculated as follows:

Choco Chocolata

Computation of Total Period Costs

<u>Details                                               Amount ($)   </u>

Administrative costs                             2,300

Rent for administration offices            18,500

Advertising                                            3,500

Office Manager's salary                    <u>  13,000  </u>

Total                                                    <u>  37,300   </u>

Therefore, the total amount of period costs is $37,300.

8 0
3 years ago
If you purchase a straddle on euros, this implies that you: A) finance the purchase of a call option by selling a put option in
Elena L [17]

Answer:

The correct answer is E) None of the above.

Explanation:

when you purchase a straddle on euros, this means you simultaneously buy a call option and a put option on the same common stock on euros bearing a similar expiration date, and the same place where the security can be bought and sold. What this means is, you tend to make a profit once the common stock makes a sharp move. Normally, call options give investors the liberty to sell stock expecting a rise in price, while a put option gives the investors want to sell their stock because they predict a fall in price. These two option contracts aim at making investors make profits.

8 0
3 years ago
Financial accounting is utilized by ________ in order to make business decisions:
alex41 [277]

Answer:

a. stockholders and creditors

Explanation:

Financial accounting is utilized by stockholders and creditors in order to make business decisions.

The shareholder use financial accounting reports to determine if the company's performance is as expected and to decide if more money should be invested or funds invested be pulled out (through the sales or transfer of equity).

Creditors use financial accounting to analyze the ability of the company to pay up debts owed to them when due, also to know if to continue to extend credit facilities to the organization.

Production employees rarely use financial accounting, rather, they are more concerned with management accounting considering elements like production cost, material variances, sales budget etc.

Customers are predominantly concerned about the availability of products and the presence of close substitute.

Hence the right option is a.

6 0
4 years ago
What is khat's theory
nika2105 [10]

Kant's theory is a universal ethical principle and they are typically organized around the notion of a categorical imperative.

<h3>What is Kant's theory?</h3>

Kant's theory of ethics can be defined as a universal ethical principle which states that an individual should respect the humanity in others always, and they should always act in accordance with rules that holds for everyone only.

<h3>What are ethics?</h3>

Ethics can be defined as a set of both written and unwritten principles, values or rules of moral conduct that guides and governs human behaviors. It's a reflection that is typically based on identifying what is good or bad, right or wrong and just or unjust with respect to human behaviors.

Read more on ethics here: brainly.com/question/24277955

#SPJ1

Complete Question?

What is Kant's theory?

5 0
2 years ago
Suppose the cost to build the park is $24 per acre and that the residents have agreed to split the cost of building the park equ
Marina CMI [18]

Answer: 2 Acres

Explanation:

All 3 residents of the town have agreed to split the cost of building the park equally. The cost is $24 so equally would be,

= 24/3

= $8

Each of them would have to pay $8.

If the cost per person is $8, how much will each person vote for.

Referring to the table;

Cedric will vote No for all acres because the $8 passes the amount Cedric is willing to pay for any size of Acre.

The majority vote can still be carried if the other 2 vote yes.

Sophia will not vote yes for anything more than 2 acres because Sophia's willingness to pay at $8 is for 2 acres alone.

At 2 acres, Amber's willingness to pay is $18 so Amber will vote yes as well.

Therefore if the majority vote is to be carried then the amount of acres should be 2.

5 0
3 years ago
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