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Dmitry_Shevchenko [17]
3 years ago
12

"Martha owns a chocolate factory where each chocolate treat is made by hand. Her assistant Daniel feels that the rate of product

ion can be dramatically increased if the company switched to an automated assembly line to manufacture the chocolates. When he proposes this idea to Martha, she agrees and begins evaluating different vendors who might provide the equipment to the company. Which of the following roles did Daniel perform in the purchasing process?"a) Deciderb) Initiatorc) Buyerd) Gatekeeper
Business
1 answer:
Daniel [21]3 years ago
5 0

Answer:

b) Initiator

Explanation:

As Martha owns a chocolate factory where each chocolate treat is made by hand. Her assistant Daniel feels that the rate of production can be dramatically increased if the company switched to an automated assembly line to manufacture the chocolates. When he proposes this idea to Martha, she agrees and begins evaluating different vendors who might provide the equipment to the company. Daniel has performed the role of initiator in this purchasing process. In purchasing process, there are many people involved:

Initiator - Influencer - Decider - Buyer - User

Initiator starts the idea, presents the idea of buying something which then is influenced and enhanced by the influencer, and then actual decider decides the buying product and is being bought then and further used by someone. These all persons can be the same person and or either one single person can perform all of these roles but here in this case Daniel has performed the role of initiator as he has given the advise of automation to Martha.

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During a concealment investigation, an investigator fails to recognize that an invoice had been forged. This represents a: a. no
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a. non-sampling risk.

Explanation:

  • A non-sampling risk includes all the audit risk other than the sample risk and is stated as the probability of getting to an incorrect conclusion in the site of having a correct sample. Examples include the  inappropriate audit procedures.
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3 years ago
Twilight Company uses the aging of accounts receivable method to estimate Bad Debt Expense. The balance of each account receivab
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Answer:

a.                          Acct. receivable   % uncollectible   Est. uncollectible

1-30 days old           $63,000                      3%                    $1,890

31-90 days old         $12,000                      14%                   $1,680

> 90 days old           $5,000                       37%                  <u>$1,850</u>

                                                                   Total                   <u>$5,420</u>

b. Date   General journal                                         Debit    Credit

Dec 31    Bad debts expenses                                $5,150

                      Allowance for doubtful accounts                   $5,150

              ($5,420 - $270)

6 0
3 years ago
A. True
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<span>FALSE.  You must carry insurance on motorcycles as well as cars. </span>
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Alternative hypothesis:\mu _{a} > \mu _{b}

t =\frac{6.82-6.25}{\sqrt{\frac{0.64^{2}}{16}} + \sqrt{\frac{0.75^{2}}{10}} }

t = 1.992

<h3>What is null hypothesis?</h3>
  • Conjectures used in statistical tests, which are formal techniques for drawing conclusions or making judgments based on data, include the null hypothesis and the alternative hypothesis.
  • The hypotheses, which are based on a sample of the population, are suppositions regarding a statistical model of the population. The tests are essential components of statistical inference and are frequently used to distinguish between statistical noise and scientific claims when interpreting experimental data in science.
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3 0
2 years ago
Jose and Maria work at a restaurant. Jose can make either 10 pancakes or 4 waffles; Maria can make either 8 pancakes or 2 waffle
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Answer:

The cost of opportunity is 4 pancakes.

Explanation:

The cost of opportunity is by definition the amount of things you don't do or buy, because of choosing doing or buying something else. In this case, Maria can make:

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This means that at every moment, she can choose to make or 8 pancakes or 2 waffles, but not both. If we continue with this logic, in the time she could make 1 waffle, she could have chosen to make 4 pancakes. This is her cost of opportunity.

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3 years ago
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