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4 years ago

Which one of the following best describes a work center?

Business

1 answer:

galina1969 [7]4 years ago

8 0

Answer: (C) A location where value-added work needed to produce a material is carried out.

Explanation:

A work center is the type of location in which the work are carried out for producing various types of materials.

Work center is one of the type organization in which the various types of production activities are get performed.

Work center is also the type of resource which can be used for various types of multiple purpose. It is basically responsible for completing various types of operations within the production line.

Therefore, Option (C) is correct.

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For the fed there must be a _____________ between maintaining banking stability for the nation and allowing individual banks to

bekas [8.4K]

The Fed must establish a balance between maintaining national banking stability and enabling individual banks to make a profit.

<h3>What is Federal Reserve System?</h3>

The central banking system of the United States of America is the Federal Reserve System, generally referred to as the Federal Reserve or just the Fed. The Federal Reserve System is composed of several levels. The Federal Reserve Board, which is comprised of governors selected by the president, oversees it (FRB). Twelve regional Federal Reserve Banks, dispersed across the country's cities, control and supervise independently held commercial banks. Commercial banks with national charters are required to own stock in the local Federal Reserve Bank and have some board member elections.

To know more about Federal Reserve System, visit:

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7 0

1 year ago

Identify each of the following accounts as a component of asset (A), liabilities (L), or equity (E). Account Balance sheet secti

brilliants [131]

Answer:

a. asset (A)

b. liabilities (L)

c. equity (E)

d. asset (A)

e. liabilities (L)

f. equity (E)

g. equity (E)

h. liabilities (L)

Explanation:

A Balance sheet shows the balance of assets, liabilities and equity at the reporting date.

Assets are economic resources controlled by the entity such as equipment and cash.

Liabilities are obligation that arise such as wages payable and tax payable.

Equity is the residue after deducting liabilities from assets. it represents the owners contribution through equity and retained income.

6 0

3 years ago

What are some ways to manage a stakeholder relationship closely? Give examples of how you might manage relationships differently

Ludmilka [50]

Managing a relationship closely usually involves more time and communications. You might meet with the stakeholder more often or communicate in other ways. There are many ways to work with unique personalities. Some people need a lot of attention and small talk, while others prefer a more direct approach, for example.

4 0

3 years ago

The outstanding capital stock of Novak Corporation consists of 1,800 shares of $100 par value, 7% preferred, and 5,100 shares of

Alborosie

Solution :

Preferred Common

Non cumulative and non Participative 12,600 67,400

Cumulative and non participative 37800 42200

Cumulative and participative 47876 32124

Current Stock Out Standing

Common stock at the rate 50 5100 shares 255000

Preferred stock 7% at the rate 100 1800 shares 180000

Cumulative the annual dividend on the preferred stock

Preferred stock dividend (180000 x 7%) 12600

Dividend Arrears to preferred stock (12600 x 2) 25200

Non cumulative and non participative

Preferred Common Total

Current year 12600 12600

Arrears 0 0

Common stock 67400 67400

Total dividend 12600 67400 80000

Cumulative and non participative

Preferred Common Total

Current year 12600 12600

Arrears 25200 25200

Common stock 42200 42200

Total dividend 37800 42200 80000

Cumulative and participative

Preferred Common Total

Current year 12600 12600

Arrears 25200 25200

Common stock (255000 x 7%) 17850 17850

Balance dividend pro data 10076 14274 24350

Total dividend 47876 32124 80000

Working notes :

Amount for the participation = 80000-(12600+25200+17850) = 24350

Rate of participation = $\frac{24350}{(255000+180000)}$ = 5.5977%

Participating dividend:

Preferred stock = 18000 x 5.5977% = 10076

Common stock = 255000 x 5.5977% = 14274

Total participating dividend = 24350

7 0

3 years ago

LO 2.2Which of the following are prime costs?

sesenic [268]

Answer:

OPTION D: Direct Labor and Direct Material

Explanation:

Prime cost of a product is defined as the direct costs of producing a product including direct material costs and direct labor costs. Any other manufacturing overheads, indirect expenses and indirect materials/labor cost are not included in the calculation of PRIME COSTS .

Prime Cost = Direct Material Cost + Direct Labor Cost

Therefore, OPTION D: direct Labor and direct materials is the correct definition of prime costs.

4 0

3 years ago