Answer:
b)Horizontal diversification
Explanation:
Horizontal diversification is defined as the process by which a business starts providing a product that is unrelated to its previous products supplied.
However the market is a similar one.
In the given scenario Marble Cakes, Inc. has set up business in three other states with additional menu options of cupcakes, donuts, and coffees to generate new customers.
The new set of products are completely different from the one initially supplied, but sales is in similar market as before.
Birthrate is the number of births while deaerate is the number of deaths
Answer:
The first option is correct
Explanation:
So as to have a justifiable reason to issue a management report on internal control, based on Section 404(a) from the Sarbanes-Oxley Act of 2002, the following responsibilities are required from the Management:
• Create and maintain adequate internal control over financial reporting for the company
• Provide criteria for evaluators to assess the effectiveness of the company’s internal control over financial reporting
• Assess the effectiveness of the company’s internal control over financial reporting based on management’s evaluation of it, at year-end (i.e., a point-in-time assessment), including disclosure of any material weakness in the company’s internal control over financial reporting identified by management.
Therefore, to have a justifiable reason to issue a management report on internal control under Section 404(a) of the Sarbanes-Oxley Act of 2002, management must do everything, except "Establishing a system of internal controls containing no material weakness" as this was not stated under Section 404(a) of the Sarbanes-Oxley Act of 2002.
Hence first option is correct.
Answer:
a. 0.223
Explanation:
Calculation for the Probability that after one employee arrives, the next one will arrive at least 3 minutes
Since no one comes in 3 minutes,hence:
3minutes/60 =1/20 hours
Thus, the Probability will be calculated as:
Probability=e^20/30
Probability=0.223
Therefore the Probability that after one employee arrives, the next one will arrive at least 3 minutes will be 0.223
Answer:
62,400 units
Explanation:
The computation of the equivalent units for conversion cost is shown below:
= Started and completed units × completion percentage + closing inventory units × completion percentage
where,
Started and completed units is
= 65,000 units - 6,500 units
= 58,500 units
So the equivalent units is
= 58,500 units × 100 + 6,500 units × 60%
= 58,500 units + 3,900 units
= 62,400 units
The 3/5 finished means 60% is finished
