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3 years ago

A ________ is a senior manager who oversees the use of IT in the firm.A) CEOB) CFOC) CIOD) CTOE) CKO

Business

1 answer:

Brums [2.3K]3 years ago

8 0

Answer:

The correct answer is letter "C": CIO.

Explanation:

The CIO or Chief Information Officer is the high executive responsible for all the Information Technology (IT) systems of a company at the process level and from the planning point of view. The CIO analyses the benefits the firm can take from new technologies, identifying which ones are of the interest of the company and evaluating its functioning.

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Certain closing costs will be prorated to account for the period of time during which the seller occupied the house. If a transa

tankabanditka [31]

Answer:

Option (a) $372.60

Explanation:

Data provided in the question:

Number of days during which the seller occupied the house = 136 days

Estimated cost for the entire year = $1,000

Now,

The period of time during which the seller occupied the house in years

= Number of days during which the seller occupied the house ÷ Total number of days in a year

= 136 ÷ 365

= 0.37260

Therefore,

The amount that the buyer will be credited = 0.37260 × $1,000

= $372.60

5 0

3 years ago

Richards Corporation uses the FIFO method of process costing. The following information is available for October in its Fabricat

ivann1987 [24]

Answer:

Cost per equivalent unit Materials = $ 2.82

Cost per equivalent unit Conversion = $2.65

Explanation:

Richards Corporation

1) We first calculate the fifo equivalent units .

FIFO Equivalent units can be calculated by the following.

Particulars Units % of Completion Equivalent Units

Mat. Con. Costs Materials C. Costs

Transferred out, 366,000 100 100 366,000 366,000

Ending inventory, 39,000 30 15 11700 5850

Total Weighted Equivalent Units 377,700 371,850

Less

<u> Beginning Inventory: 98,000, 80% 20% 78,400 18000</u>

<u>FIFO Equivalent Units 299,300 353,850 </u>

2) We calculate the total costs

Direct Materials Conversion

Costs in beginning Work in Process -$55,200 $97,700

<u>Costs incurred in October - $844,050 $937,300. </u>

Total Cost $ 899250 1035,000

<u />

<u>3) In FIFO The cost per unit is based only on the current costs and current period unit productions.</u>

Materials = $844050/299300= $2.82

Conversion = 937,300 / 353,850 = 2.6488= $2.65

8 0

3 years ago

Identify some common miscellaneous itemized deductions and identify any limitations that are imposed on the deductibility of the

a_sh-v [17]

Answer:

The answer is below

Explanation:

Itemized deductions is an auditing or accounting terms, that describes the various expenses that are deducted from the adjusted gross income to reduce the taxable income of an individual or the corporations. For example, job search expenses, mileage expenses, charitable expenses, and etc.

Some common miscellaneous itemized deductions are:

1. Job search expenses: these are deductible from Adjusted Gross Income (AGI) such as travel expenses, resume preparation costs, moving costs, etc.

2. Mileage expenses: mileage expenses is allowed by Internal Revenue Services (IRS) to be deducted from Adjusted Gross Income (AGI) for example; payments, repairs, insurance, etc.

3. Charitable expenses: Charitable expenses are also eligible to deduct from Adjusted Gross Income (AGI) e.g. charitable gifts, donations, etc.

Limitations imposed on items which are deductible

Regardless, if it is job search expenses, mileage expenses, or charitable expenses, all are deductible if they are eligible for the deduction, and according to the IRS, the eligibility criteria are that all the expenses must exceed the 2% of AGI (Adjusted gross income).

Cases in which medical expenses are not deductible

Given that an individual or company pay the amount of medical expenses from their pocket, not from the business cost, hence, in this case, medical insurance is not deductible from the AGI.

At the same time, the insurance premium is excluded for the deduction if they exceed from the fixed amount set by the IRS, therefore, the employer-paid insurance funds cannot be deducted.

6 0

3 years ago

Venya and Kari own a flower shop that specializes in custom bouquets. Wanting to expand into selling potted plants, they create

kicyunya [14]

Venya and Kari would be able to produce 50 potted plants on Day 3.

<h3>What is a production possibility?</h3>

This curve is an economic tool that illustrates varying amounts of two products that can be produced when both depend on the same finite resource

Based on the given chart, Venya and Kari would be able to produce 50 potted plants on Day 3.

Read more about production possibility

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7 0

2 years ago

Enrique is giving a presentation to convince his managers that offering yoga classes at work will improve productivity because i

Ilya [14]

Answer:

a) He will ask the audience to stand and do a simple yoga pose.

Explanation:

Base on the scenario been described in the question, we saw the Enrique is given a presentation to convince his managers that offering yoga classes at work will improve productivity because it will help employees clear their minds. The aspects of his presentation that shows he wants to include kinesthetic learners is , he asked the audience to stand up and do a simple yoga pose.

Kinesthetic learning is a learning style in which learning which involves the students doing physical activities, rather than watching demonstrations or listening to lectures.

3 0

3 years ago

Read 2 more answers