1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
son4ous [18]
3 years ago
7

All of the following are appropriate benchmarks for a state or local government to use as a basis for comparing performance exce

pt Federal agencies' financial information for a comparable time period. Socioeconomic and demographic trends of governments of similar types and size available from U.S. Census Bureau. A government's own operating results and financial position from prior years. International City/County Management Association's Financial Trend Monitoring System results for governments of similar types and size.
Business
1 answer:
r-ruslan [8.4K]3 years ago
8 0

Answer:

Federal agencies' financial information for a comparable time period.

Explanation:

Benchmarking can be regarded as management accounting innovation, which is been utilized in both the private and the public sectors for performance measurement as management. There are alot of success reported by public sector accounting researchers with the use of benchmarking, however there is

charged problems that still exist in implementing as well as using this management technique. The appropriate benchmarks for a state or local government to use as a basis for comparing performance are;

✓Socioeconomic and demographic trends of governments of similar types and size available from U.S. Census Bureau.

✓ A government's own operating results and financial position from prior years.

✓ International City/County Management Association's Financial Trend Monitoring System results for governments of similar types and size.

You might be interested in
What is necessary for someone to even get the oppurtunity to accumulate 10,000 hours of practice at something?
GenaCL600 [577]

Answer:

<em>10 hours per week in 20 years, 20 hours per week in 10 years or 40 hours per week in 5 years.</em>

Explanation:

According to the author Malcolm Gladwel, with his book “Outliers. The success story ”, says that to achieve excellence, you must have an accumulation of 10,000 hours of practice, this means 10 hours per week in 20 years, 20 hours per week in 10 years or 40 hours per week in 5 years.

The author analyzes the importance of culture, family, friends, ancestors and other determining factors in the success of his projects.

Gladwell cites Mozart's example, recognized as a great genius. A composer began at age 7 and it is true that we know that some good pieces were written at the time of his adolescence. But the great symphonies were written after the age of 21, when he had already accumulated more than 10,000 hours of practice, in compositions and interpretations.

From this idea of ​​10,000 hours of practice, a level of knowledge acquired is possible based on a scale of magnitude of 10 hours, in an approximate way:

With 1 hour: We can know the basics.

With 10 hours: We have a broader notion of the basics.

With 100 hours: A medium level is acquired.

With 1,000 hours: It advances to be a specialist.

With 10,000 hours: One can master complications in that skill.

4 0
3 years ago
Consider the following binomial experiment: a study in a certain community showed that 6% of the people suffer from insomnia. if
Oxana [17]
To determine the standard deviation of the number of people who suffer from insomnia, you need to use the following formula:
= sqr of npq

= √10,200 people in the community x 0.6 people who suffer from insomnia x 0.91 = ?
= √10,200 x 0.6 x 0.91 = <span>√55.143 = 7.43 

= 7.43</span>
6 0
3 years ago
7. DuPont Identity. X Corp. has net income of $20 million, Sales of $100 million, asset turnover of .6, and debt-equity ratio of
goldfiish [28.3K]

Answer:

Explanation:

Net Income = 20m

Sales = 100m

Debt-equity ration = 40%

Asset turnover = 0.60

A)

Profit Margin = Net Income / Sales  = $20 million / $100 million  = 20%

Equity Multiplier = 1 + Debt-Equity Ratio  = 1 + 0.40  = 1.40

Return on Equity = Profit Margin * Asset Turnover * Equity Multiplier               = 20% * 0.60 * 1.40  = 16.80%

B)

Debt-equity ratio = 60%

Equity Multiplier = 1 + Debt-Equity Ratio  = 1 + 0.60  = 1.60

Return on Equity = Profit Margin * Asset Turnover * Equity Multiplier  = 20% * 0.60 * 1.60 = 19.20%

As calculations provide, if debt-equity ratio increases to 60%, Return on equity will increase by 2.40% (19.20% - 16.80%)

7 0
3 years ago
A. How much would you pay for a Treasury bill that matures in 182 days and pays $10,000 if you require a 1.8% discount rate?
Sonja [21]

Answer: $9909

Explanation:

Let the amount that will be paid be represented by y. The question can now be solved as:

(10000 - y)/10000 × 360/182 = 0.018

(10000-y)/10000 = 0.018 × 182/360

(10000 - y)/10000 = 0.0091

10000-y = 0.0091 × 10000

10000 - y = 91

y = 10000 - 91

y = $9909

4 0
3 years ago
Preparing a Cost of Goods Sold Budget
Art [367]

Answer:

Direct Materials      $    14*20,000            = $ 28000

Direct Labor            $  14*1.9* 20,000       = $ 532,000

Variable Overhead  $ 14*1.9*1.2*20,000  = $ 638400

Fixed Overhead $ 14*1.9*1.8*20,000  =  $957600

Total Manufacturing Cost $                = 2156000

Less: Ending Inventory $   107.8*730 = 78649

Cost of Goods Sold                      $2077306

Working:

Total Manufacturing Cost $  per unit      = 2156000/ 20,000= 107.8 $

Ending Inventory $   107.8*730 = 78649

4 0
3 years ago
Other questions:
  • How did trickle-down economics claim to increase government tax revenues?
    7·1 answer
  • To ensure efficient, clear, communication, the national incident management system characteristics recommend the use of:
    8·2 answers
  • On December 31, 2019, Marigold Inc. borrowed $3,600,000 at 13% payable annually to finance the construction of a new building. I
    9·1 answer
  • How have airplanes changed the way the world does business? Check all that apply. by making long trips less expensive by making
    15·2 answers
  • Please and thank you
    13·2 answers
  • Maria is a spare parts manager with Torque Engines Industries. She collects the sales data for different engine parts and integr
    8·1 answer
  • 1. Consider the purchase of a can of soda at a convenience store. Describe the various stages in the supply chain and the differ
    13·1 answer
  • What is the annual opportunity cost of a checking account that requires a $300 minimum balance to avoid service charges? Assume
    13·1 answer
  • Tactical managers are often referred to as _____ managers
    12·1 answer
  • What are two inputs to the solution vision?
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!