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olasank [31]
3 years ago
5

Mr. Blatt: Expert consultants are sought after by management because they help executives make better decisions. That is why the

y are worth the substantial fees they charge.
Ms. Fring: Nonsense. Expert consultants are hired in order to enable executives to avoid responsibility. The more the experts cost, the more they can be blamed when things go wrong.
Which one of the following, if it occurred, would be the strongest evidence favoring Ms. Fring’s position over Mr. Blatt’s position?
(A) A company that is trying to decide whether to move its manufacturing plant hires an expensive expert to conduct a cost/benefit analysis.
(B) Two competing companies faced with very similar problems adopt different solutions, one with the help of a consultant, one without.
(C) A successful firm of expert consultants seeks to increase its volume of business by reducing its fees, but its volume of business drops.
(D) An expert consultant builds up a successful business by charging clients a substantial percentage of the amount an independent assessor judges that the consultant saved the company.
(E) A company follows a consultant’s advice to open two new stores, but both stores are only marginally profitable at first.
Business
1 answer:
Sidana [21]3 years ago
6 0

Answer: C) A successful firm of expert consultants seeks to increase its volume of business by reducing its fees, but its volume of business drops.

Explanation:

Mr. Fringe says that the more expensive a consultant is, the more they can be blamed. This means that the kor expensive a consultant is, the more they will be sought after in order for the company to blame them.

When a successful firm of consultant reduced their prices and became cheaper, less people wanted to hire them. This therefore supports the logic of Mr. Fringe as a lower cost led to the consultants being less sought after.

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Multiple Choice
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3 years ago
g Salmont Corporation uses the FIFO method in its process costing system. The company reported 28,000 equivalent units of produc
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Answer:

25,150 units

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<u>Description                          Units in Process</u>   <u>completion (%)</u>   Equivalent    

                                                                                                     <u>completed (units)                               </u>

The Equivalent Units             28,000                     100              28,000

Subtract:

Opening Work-in- progress    7,500                       60                 4,500

Closing Work in Progress       5,500                        70                3,850

Equivalent Units Started and Completed                                  19,650

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= Eqivalent Units started and completed +  Total Ending Units    

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