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xenn [34]
3 years ago
13

1) What usually initiates data input into a system? A) The transaction system automatically checks each hour to see if any new d

ata is available for input and processing. B) The performance of some business activity generally serves as the trigger for data input. C) A general ledger program is queried to produce a trial balance at the end of an accounting period. D) Data is only input when a source document is submitted to the accounting department.Answer: BPage Ref: 26Objective: Learning Objective 1Difficulty : EasyAACSB: Analytic
Business
1 answer:
lilavasa [31]3 years ago
7 0

Answer:

B) The performance of some business activity generally serves as the trigger for data input.

Explanation:

The data input is collected based on business activity. The resources it affects and the parties who participates in the transaction

C) A general ledger program is queried to produce a trial balance at the end of an accounting period.

In this instante the ledger is not providing new data it is generating from existing data to produce the trial balance

A) The transaction system automatically checks each hour to see if any new data is available for input and processing.

The system can't check for new bill in the outside world. The persons provide with data not the system itself.

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The concept of economic profit is used for making a decision between your two _______ options. Earning zero economic profit is n
tigry1 [53]

Answer:

The concept of economic profit ....... <u>alternative</u> two options.

If economic profit is positive .......... <u>Current </u>option.

If economic profit is negative............ <u>Other </u> option

Explanation:

Economic Profit is the excess of revenue associated with an option, over its costs (explicit external & implicit opportunity costs).

Example : Revenue - Direct explicit cost of production - opportunity cost (like interest on money invested, salary of job left foregone).

The concept is used to make decision between two<u> alternative</u> options. Given, zero economic profits imply indifference.

Positive Economic Profit implies - one should choose<u> Current </u>option, as it will make <u>Better off </u>, having more benefit than other option

Negative Economic Profit implies - one should choose <u>Other </u> option, as it wil make better off, having more benefit than the former considered option.

8 0
3 years ago
You are the manager of a firm that produces output in two plants. The demand for your firm's product is P = 78 − 15Q, where Q =
Leona [35]

Answer:

correct option is B. 40.5

Explanation:

given data

P = 78 - 15 Q

Q = Q1 + Q2

MC1 = 3Q1

MC2 = 2Q2

to find out

What price should be charged to maximize profits

solution

we get here first total revenue and marginal revenue that is

total revenue TR = P × Q   .......1

total revenue TR = 78Q - 15Q²

and

marginal revenue MR = \frac{change\ in\ TR}{change\ in\ Q}

marginal revenue MR = 78 - 30Q

now we get here

marginal revenue MR = MC1 = MC2

put here value

78 - 30Q1 - 30Q2 = 3 Q1 or 33 Q1 = 78 - 30Q2   ......................................a

78 - 30 Q1 - 30 Q2 = 2 Q2 or Q2 = 78 - 30Q1/32   ................................b

by equation a and b we get here

33 Q1 = 78 - 30 (78 - \frac{30Q1}{32} )

so here Q1 = 1 and

Q2 = 78 -  \frac{30*1}{32}

Q2 = 1.5

so that Q will be

Q = Q1 + Q2

Q = 1 + 1.5

Q = 2.5

now we get value of P that is

P = 78 - 15 Q

P = 78 - 15 (2.5)  

P = 40.5

so charged to maximize profits is 40.5

so correct option is B. 40.5

5 0
3 years ago
A company must repay the bank a single payment of $20,000 cash in 3 years for a loan it entered into. The loan is at 8% interest
Yuki888 [10]

Answer:

Present Value of the loan = $19999.36 rounded off to $20000

Explanation:

The present value of loan will comprise of the present value of the principal amount of loan plus the present value of the interest that the loan will charge for the 3 year time period for which it is outstanding. As the interest payments are fixed and occur after equal intervals of time, they are considered an annuity.

To calculate the present value of the loan, we must discount the interest payments using the present value factor of annuity given in the question as 2.5771 and we must discount the principal to present value using the present value factor given in question as 0.7938.

We will first calculate the annual interest payment on loan.

Annual Interest payment = 20000 * 0.08 = 1600

Present value of the Interest payment - annuity = 1600 * 2.5771

Present value of the Interest payment - annuity = $4123.36

Present value of the Principal loan = 20000 * 0.7938

Present value of the Principal loan = $15876

Present Value of the loan = 15876 + 4123.36

Present Value of the loan = $19999.36 rounded off to $20000

7 0
2 years ago
Define competitivness
jeka57 [31]

Answer:

like if you're in a pie challenge

Explanation:

and you eat the pies reaaaaallll fast bc you wanna win. then you're being competitive

3 0
2 years ago
Read 2 more answers
"____________ is demonstrated by the processes and procedures that an organization uses to meet the law"
castortr0y [4]

the answer is policies

5 0
3 years ago
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