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lesya692 [45]
3 years ago
13

You are working as a manager of a financial planning office where you require your employees to have a presence on social media.

One of your financial advisors posts to his Twitter account that he needs $500 to pay his rent for the month. Would you punish him? Why or why not ?
Business
1 answer:
Kitty [74]3 years ago
7 0

Answer:

Yes

Explanation:

In the context, it is given that I am working as a manager in a financial planning office. One of my employees posted in the twitter that he need $ 500 to pay for his house rent for the month.

I would call the employee and would ask him to remove the post from the social media account as it might hamper the business of our company and sends a negative signal to the customers about the efficiency of the employees.

If the employees of the financial planning office cannot plan his spending and savings, then how the customers will have faith that our office will help them plan their money. It will have a negative effect to our reputation of the company and so I will ask him to remove it form the social media account and prevent anybody from doing this in the future.

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A metal fabricator produces connecting rods with an outer diameter that has a 1 ± .01 inch specification. A machine operator tak
Morgarella [4.7K]

Answer:

A) 1.111

B) 0.889

Explanation:

given data :

outer diameter of connecting rods = 1 ± 0.01 inch

sample mean outer diameter = 1.002 inches

standard deviation = 0.003 inches

A) Calculating the Cp of the process

mean = 1.002

Standard deviation = 0.003

LSL = 1 - 0.01 = 0.99

USL = 1 + 0.01 = 1.01

Cp = \frac{USL - LSL}{6 * STANDARD DEVIATION} =  \frac{1.01-0.99}{6*0.003} = 1.111

B) calculate Cpk

mean = 1.002, LSL = 0.99, USL = 1.01 , deviation = 0.003

Cpk = min[\frac{mean-LSL}{3* deviation} , \frac{USL- mean}{3*deviation} ]

       = min [(0.012/0.009) , (0.008/0.009) ]

       = min [ 1.333, 0.889 ]

hence Cpk = 0.889

3 0
2 years ago
Below are transactions for Wolverine Company during 2021.
Leona [35]

Answer:

Wolverine Company

Journal Adjusting Entries:

a) Debit Deferred Revenue $1,050

Credit Rent Received $1,050

To adjust rent received for December.

b) Debit Insurance Expense $5,460

Credit Prepaid Insurance $5,460

To adjust insurance expense for the year.

c) Debit Wages & Salaries $1,100

Credit Wages & Salaries Payable $1,100

To accrue salaries for the month of December.

d) Debit Interest on Loan Account $110

Credit Interest on Loan Payable $110

To accrue interest on loan for the year.

e) Debit Supplies Expense $2,000

Credit Supplies Account $2,000

To record supplies used during the year.

Explanation:

a) Adjusting entries are end of an account period's journal entries used to accrue income or expenses that occurred but are not accurately recorded or because they do not involve actual cash flows.  Adjusting entries ensure that the accrual concept and the matching principle of generally accepted accounting principles are complied with.

b) Journal entries record transactions that occur on a daily basis or at the end of the accounting period.  They show the accounts to be credited or debited in the Ledger.

7 0
2 years ago
Suppose that firm a dislikes hiring black accountants, while firm b is happy to hire them. so ted ends up working at firm b rath
egoroff_w [7]
<span>Regardless of the firm, most companies will do at least a bi-annual audit if not quarterly. In this case Ted would do the same amount of audits for either company, two to four depending on the companies frequency.</span>
6 0
3 years ago
A seller received a rental payment of $100 in advance. At closing, the seller has "earned" only $32 of this rent. What should ap
allsm [11]

Answer:

$68 appears as the amount unearned but received (or still paid in advance) in the closing statement

Explanation:

Amount received in advance = $100

Amount earned = $32

Amount (in advance at closing) is the difference between the amount originally paid in advance and the amount earned

Amount (in advance at closing) = $100 - $32

                                                    = $68

The amount that will appear in the closing statement as rental payment still in advance is $68.

3 0
2 years ago
Lancelot Manufacturing is a small textile manufacturer using machinehours as the single indirectcost rate to allocate manufactur
zhenek [66]

Answer:

$3,927

Explanation:

For the computation of bid price first we need to follow some steps which is shown below:-

Manufacturing overhead rate = Overhead cost ÷ Machine hours

= 45,000 ÷ 100,000

= $0.45

Total manufacturing cost charged to the school

= 2,000 + 400 + (900 × 0.45)

= $2,805

Markup cost = $2,805 × 0.4

= $1,122

Bid price of job = Total manufacturing cost charged to school + Markup cost

= $2,805 + $1,122

= $3,927

7 0
3 years ago
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