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3 years ago

Although the budget is strained, PQR Inc. refuses to cut the training budget because ______________.

Business

1 answer:

9966 [12]3 years ago

8 0

Answer:

The correct option is B. Although the budget is strained, PQR Inc. refuses to cut the training budget because when employees keep their professional knowledge current, they are more likely to be innovative.

Explanation:

It was best for PQR Inc. to not cut the training budget because properly trained staff can be very economical for the company. When a budget is planned for the training of the employees and the workers are trained time to time with new techniques then it leads to better performance by the employees. It would also increase the self-esteem of the workers as they would recognize the importance of a task and will come up with new ideas to perform the tasks in a much better way.

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Gabi Gram started The Gram Co., a new business that began operations on May 1. The Gram Co. completed the following transactions

shusha [124]

Answer:

1. Asset and capital will increase

2. Current asset decrease

3. Asset and liability increase

4. Asset decrease

5. Asset increase

6. Asset increase

7. Asset decrease, expense increase

8. Asset increase

9. Asset increase

10. Asset decrease, liability decrease

11. Liability increased

12. Asset decrease

13. Asset decrease

14. Capital decrease

Explanation:

<u>Income Statement for the month of May:</u>

Sales Revenue $11,100

Less: Operating Expenses:

Cleaning service $750

Salary expense $750

Advertising expense $80

Salaries expense $750

Telephone bill $300

Utilities expense $280

Net Profit $8,190

4 0

3 years ago

Kostelnik Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on machine-hours

Rainbow [258]

Answer:

The correct answer is C: $944

Explanation:

Giving the following information:

Single plantwide predetermined overhead rate based on machine-hours. Total fixed manufacturing overhead cost of $237,000, variable manufacturing overhead of $3.90 per machine-hour, and 30,000 machine-hours.

First, we need to determine the manufacturing overhead rate:

Estimated manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base= (237000/30000)+3.9= $11.8 per machine hour.

Now, we can calculate the allocated overhead:

allocated overhead= Estimated manufacturing overhead rate* actual amount of allocation base= 11.8*80= $944

6 0

3 years ago

Which one of the following is not an institutional requirement for markets to operate smoothly? Group of answer choices A equal

givi [52]

Answer:

A equal balance of economic power among buyers and sellers.

Explanation:

For a market to operate smoothly the operational requirement required include:

1. Social Institutions of trust

2. Money as a medium of exchange

3. Individualist institutions related to private and decision making.

When a market is operating smoothly it means that the financial safety net and settlement system works efficiently. Traders can operate seamlessly without delays in payments.

The option that is not a requirement for smooth operation of the market is - equal balance of economic power among buyers and sellers.

7 0

3 years ago

For the year ending August 31, Solstice Medical Co. mistakenly omitted adjusting entries for (1) depreciation of $8,400, (2) fee

MrMuchimi

Answer:

Solstice Medical Co.

For the year ended August 31:

Effects of Omissions on (a) revenues (b) expenses (c) net income

(1) depreciation of $8,400 ($8,400)

(2) fees earned not billed $64,400 64,400

(3) accrued wages of $10,600 (10,600)

Net effect +$64,400 +$19,000 +$45,400

Explanation:

a) Data and Analysis of Omitted Adjusting Entries:

(1) depreciation of $8,400: increase expenses and reduce net income

(2) fees earned that were not billed of $64,400: increase revenue and net income

(3) accrued wages of $10,600: increase expenses and reduce net income

8 0

3 years ago

The ______ act is a federal law that was passed in response to corporate accounting scandals involving prominent corporations,

dedylja [7]

Sarbanes - Oxley

Good luck! (:

5 0

3 years ago

Although the budget is​ strained, PQR Inc. refuses to cut the training budget because​ ______________.

Although the budget is strained, PQR Inc. refuses to cut the training budget because ______________.