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3 years ago

Which of the following is true of scrum?

Business

1 answer:

PSYCHO15rus [73]3 years ago

6 0

Answer:

A: It was developed to overcome the problems that occur when using the Business Process Modeling Notation (BPMN).

Explanation:

Hopefully this helps!

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As the average hourly wage increases from $18 per hour to $20 per hour, the quantity of frozen dinners demanded decreases from 3

horrorfan [7]

Answer:

The income elasticity of demand for frozen dinners is negative when there is an increase of hourly wages. -51%

Explanation:

When the income elasticity is negative it means that the good is inferior so when the income is increased, the demand of the good decrease beacuse its demand change to a better quality good. For instance in this case a fresh meal.

income elasticity % = % change in quantity / % change in income

(((3350-3550)/3550)/((20-18)/18))*100

7 0

4 years ago

Incomplete manufacturing costs, expenses, and selling data for two different cases are as follows.

qwelly [4]

Answer:

Cost of goods manufactured schedule for Case1

Opening Work In Process $1,000

Add Total Manufacturing Costs $16,000

Less Ending Work In Process ($3,000)

Cost of goods manufactured $14,000

Income statement for Case 1

Sales $24,500

Less Sales discounts ($2,500)

Net Sales Revenue $22,000

Less Cost of Goods Sold

Beginning Finished Goods Inventory $3,300

Add Cost of goods manufactured $14,000

Less Ending Finished Goods Inventory ($3,400) ($13,900)

Gross Profit $8,100

Less Operating expenses ($2,500)

Net Income $2,500

Current assets section :

Inventory :

Raw Materials $600

Work In Process $3,000

Finished Goods $3,400

Receivables (net) $15,000

Prepaid Expenses $400

Cash $4,000

Total Current Assets $26,400

Explanation:

Part b

Cost of Goods Manufactured = Opening Work In Process + Total Manufacturing Costs - Ending Work In Process

Part c

Income statement shows the Profit earned during the reporting period

Profit = Gross Profit - Operating expenses

Part d

The current assets section will include assets of a short term nature (not exceeding a period of 12 months). For a manufacturing company, it is important to show each inventory balance in the inventory categories of Raw Materials, Work In Process and Finished Goods among other items.

Note : Current Assets are shown in their order of liquidity in the Balance Sheet as above.

3 0

3 years ago

When issuing stock to obtain long-term funding, dividend payments are:?

grin007 [14]

Not tax-deductable:)

8 0

4 years ago

When the operating activities section of the statement of cash flows is reported using the direct method, the FASB requires:____

alexgriva [62]

Answer:

b. A reconciliation of net income to net cash provided or used by operating activities.

Explanation:

FASB is an acronym for Financial Accounting Standards Board. The financial accounting standards board (FASB) is a private, non-profit organization saddled with the responsibility of establishing and maintaining standard financial accounting and reporting for general guidance of individuals such as investors, issuers and auditors. It was founded in 1972 but began operations fully on the 1st of July, 1973 by replacing the Accounting Principles Board (APB) and American Institute of Certified Public Accountants (AICPA).

When the operating activities section of the statement of cash flows is reported using the direct method, the FASB requires a reconciliation of net income to net cash provided or used by operating activities and it should be stated as part of the statement of cash flows or in the footnotes.

A direct method involves the use of the overall accrual-based income statement and converting them sequentially to the cash-basis.

Some examples of operating activities are cash revenue from the sales of a product, cash paid as an expense for merchandise etc.

4 0

4 years ago

In an outsourcing decision, developing and negotiating the outsourcing contract: is not an area where supply managers believe th

RoseWind [281]

Answer:

The correct answer is is of less strategic importance than identifying opportunities for outsourcing.

Explanation:

Outsourcing consists in the delegation of functions from one company to another that specializes in this task. Among its greatest benefits are cost reduction and access to new technologies, among others, however, if the service provider does not have sufficient capacity to perform this function, it may damage the image of the contracting company. This tool can be used tactically or strategically and can be adapted to the requirements of the company requesting the service, it is implemented at different levels and in areas of the organization that are not essential to gain competitiveness.

7 0

3 years ago