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3 years ago

What are some of the challenges that could arise from setting up a file management system on a computer?

1 answer:

4 0

Setting up a file mgmt system on a computer could simply involve placing files in appropriate folders to separate different categories of files like say photos of different subject matter. A challenge might be deciding what files to put where as some of them may have affinities for another topic as well so clear criteria would have to be made as to the content of each folder. Also, like say a folder with invoices it would have to be decided if the invoices would be shown for the whole history of invoices or separated into years.

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MC Qu. 113 Kayak Company uses a job order costing... Kayak Company uses a job order costing system and allocates its overhead on

lbvjy [14]

Answer:

$0.19 per direct labor hour

Explanation:

It is important to keep in mind the following :

Overhead application rate = Budgeted Overheads ÷ Budgeted Activity

also,

Applied Overheads = Overhead application rate x Actual Activity

Using the formula :

Applied Overheads = Overhead application rate x Actual Activity

hence,

Overhead application rate = Applied Overheads ÷ Actual Activity

therefore,

Overhead application rate = $6,500 ÷ $35,000

= $0.185 or $0.19 per direct labor hour

8 0

3 years ago

Chris owns 70 percent of ABC Corporation. ABC Corporation had acquired land known as Parcel A in 1984 for $68,000 and held Parce

Paraphin [41]

Answer:

ABC

Realized Gain (loss) = ($300)

Recognized Gain (loss) = $0

Chris

Realized Gain (loss) = $8,000

Recognized Gain (loss) = $5,000

Explanation:

Seeing as Chris owns 70% of ABC Corp which is more than 50%, that would make them related parties. As they are related, certain Transaction must be treated differently.

In this scenario for instance, ABC sold Land to Chris, for this reason, they are not allowed to recognize any losses that occur from the sale.

ABC sold the land for $65,000 with a basis of $68,000.

= 65,000 - 68,000

= -$3,000

They REALIZED a loss of -$3,000. However they are not allowed to recognize this loss so the RECOGNIZED cost will be $0.

Chris then sells the land to an unrelated party for $73,000.

Chris's REALIZED GAIN is,

= 73,000 - 65,000 (the new basis)

= $8,000

However, because Chris is related to ABC Corp, he can deduct the original loss from his Realized gain.

= 8,000 - 3,000

= $5,000

Chris's RECOGNIZED gain is therefore $5,000.

4 0

3 years ago

Discuss why two people with similar abilities may have very different expectancies for performing at a high level.

inessss [21]

Answer:

Because they're two different people

Explanation:

The main and major reason why, is the obvious one. The first reason that comes to the mind.

Because they are two different people. Different people have different goals, hopes and aspirations. And even those that share them go through different paths while carrying them out. The minds of the two individuals are not the same, and despite the fact that they have similar abilities, they might not necessarily get the job done on time because of other commitments either of them have. Even if they both have none, there's always a distinguishing factor, and that will always trump, thus making them have different expectancies for performing at a high level.

4 0

3 years ago

when reviewing their accounts, the yanos company discovered that in the previous year there had been improper treatment of tax l

natka813 [3]

The Yanos Company found that the prior year's tax liabilities had been handled incorrectly after reviewing their books. They'll now have to make accounting adjustments. An example of modifications brought on by an error is this.

A person who is able to adjust to changes in their physical, occupational, and social environment is said to be in a state of adjustment. Adjustment, then, is the behavioral process of balancing opposing demands or needs that are hampered by environmental challenges. Both people and animals regularly adapt to their surroundings. For instance, they eat to sate their hunger when it is triggered by their physiological state, which allows them to respond to the hunger stimuli. An failure to respond normally to a need or stress in the environment is a sign of adjustment disorder.

To have a life of high quality, adjustment must be successful. People who have trouble adjusting are more prone to experience clinical anxiety.

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7 0

1 year ago

Identify which of the following statements are true for the corporate form of organization. (You may select more than one answer

Likurg_2 [28]

Answer:

a) Ownership rights cannot be easily transferred. - True

b) Ownership rights cannot be easily transferred. - False

c) Owners have unlimited liability for corporate debts. - False

d) Capital is more easily accumulated than with most other forms of organization. - True

e) Corporate income that is distributed to shareholders is usually taxed twice. - True

f) It is a separate legal entity. It has a limited life. - False

g) Owners are not agents of the corporation. - True

Explanation:

A corporation is an organization established by the issuance (and purchase) of shares. It is identified as a separate legal entity from the owners and the liabilities of the owners is limited to the amount invested (in form of shares or stock). Ownership rights can easily be transferred through various means. One of such means is the sale of shares or stock in the secondary market.

The company pays company income tax on income earned while the shareholders (owners) also paid tax on dividend income. It has an unlimited life and is expected to continue to perpetuity.

The board of directors, managers of the company are the agents of the corporation acting on behalf of the owners.

5 0

3 years ago