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tangare [24]
3 years ago
8

The supply chain area that is responsible for determining what to buy, how much to buy, and how to manage the suppliers is known

as _____.
Business
1 answer:
trapecia [35]3 years ago
8 0

Answer:

Procurement

Explanation:

The supply chain area that is primarily concerned with what to buy, how much to buy, and how to manage suppliers for optimum service delivery is known as procurement.

<u>The supply chain generally refers to the processes and resources involved in the supply of products or services to the final consumers.  It includes procurement, planning, and logistics.</u>

<em>The procurement has to the with the purchase of materials. It includes the quantity of materials to buy and at what price as well as how to manage relationships with suppliers for the benefit of the firm.  Planning has to do with synchronizing the supply of material with production in relation to the demand for the final product while logistic has to do with optimizing the delivery process to minimize cost and time. </em>

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Sarah, the controller of a large beverage supplier, supervises two employees. Her boss, Vladimir, instructs her to increase the
DerKrebs [107]

Answer:

a) Sarah failed to evaluate a potential ethical issue

Explanation:

A financial fraud refers to misrepresentation of financial data by inflating or reducing a figure amount with the motive to deceive the users of the financial statements and thereby depict better financial position and state of affairs.

The above concept is also referred to as window dressing of accounts.

In the given case, the purpose behind increasing the value of inventory and creation of miscellaneous expense account is to depict fake financial picture. With an increase in the inventory balance, the profits would be inflated. Crediting miscellaneous expenses again would reduce expenses balances and further inflate the profits.

Thus, Sarah failed to evaluate a potential ethical issue when she blindly directed her staff to incorporate such changes.

5 0
3 years ago
Tom and George form T and G Corporation. Tom transfers machinery worth $100,000 with a basis to Tom of $40,000, while George tra
borishaifa [10]

Answer:

The answer is D.

George has a basis of $30,000 in the shares of T & G Corporation.

Explanation:

George has a basis of $30000 in the shares of T&G corporation

I.e (20000+10000) = 30000

5 0
3 years ago
The risk-free rate, average returns, standard deviations, and betas for three funds and the S&amp;P 500 are given below. Fund Av
Ainat [17]

Answer:

Portfolio A is preferred.

Explanation:

Given the following sorted data from the question:

Fund        Avg         Std Dev         Beta

A                17.5%        26.5%         1.35

B                 12.5%       23.5%          1.10

C                 13.5%       20.5%          1.15

S&P 500     10%          15%               1

rf                  4.0%

To determine the preferred portfolio, the Treynor measure for each portfolio is estimated as follows:

Treynor measure = (Avg - rf rate) / beta

Therefore, we have:

Treynor measure of Portfolio A = (17.5% - 4.0%) / 1.35 = 10.00%

Treynor measure of Portfolio B = (12.5% - 4.0%) / 1.10 = 7.73%

Treynor measure of Porfolio C = (13.5% - 4.0%) / 1.15 = 8.26%

Since the 10% Treynor measure of Portfolio A is the highest, Portfolio A is preferred.

3 0
4 years ago
Peter offers his manager some suggestions for a new holiday display. His manager shrugs his shoulders and tells Peter that the d
Sunny_sXe [5.5K]

Answer:

Equity Theory.

Explanation:

As Peter offers his manager some suggestions for a new holiday display. His manager shrugs his shoulders and tells Peter that the display is all set. Then Sarah approaches the manager with an idea for the display, and the manager tells her that it’s a great idea. Equity theory is the model of motivation that explains how Peter is striving for fairness and justice. Equity theory explains that employees should be treated equally and fairly in order to keep them motivated at the workplace. If employees started feeling that they not being treated fairly then they will dissatisfied and demotivated at the workplace which will definitely reduces their work productivity. Human beings are motivated when they are treated fairly and equally.

6 0
3 years ago
Total stockholders' equity represents :
Ganezh [65]

Answer:

c. a claim against a portion of the total assets of an enterprise.

Explanation:

The statement of stockholder's equity comprises common stock, preferred stock, and retained earnings.  

The ending balance of retained earning = Beginning balance of retained earnings + net income - dividend paid

And, the ending balance of the common stock = Beginning balance of common stock + issued shares  

In this the accounting equation is used which is shown below:  

Total assets = Total liabilities + stockholder equity  

The debit and credit side of the balance sheet should always be equal and balanced. So, its claims against the portion of the total assets

5 0
3 years ago
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