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3 years ago

Why should we hire you? Is this a behavioral, situational,&/or job knowledge/worker requirement interview question

Business

1 answer:

Ivenika [448]3 years ago

4 0

Answer:

It's a behavioral and situational question.

Explanation:

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g- Tom and John are excited to purchase a new house. Based on where they live they can find a good house for $800,000. They need

Aleksandr [31]

Answer: 5.9 years

Explanation:

The amount they need to save is the down payment for the house:

= 800,000 * 15%

= $120,000

They are saving a total of:

= 1,050 + 490

= $1,540 per month

Interest is 3.4%/12 as it is monthly.

On excel, insert the details as shown in the attachment.

You should get 70.5 months.

In years this is:

= 70.5/12

= 5.9 years

3 0

3 years ago

20. Otto's Tune-Up Shop follows the revenue recognition principle. Otto services a car on August 31. The customer picks up the v

Allushta [10]

Answer:

Option A-The revenue must be recognized on 31 August.

Explanation:

The accrual concept says that the income must be recognized when they are earned not when the amount is received and expenses when they are incurred not when they are paid.

So according to accrual concept, the entity must deliver its share to recognize sales that is servicing the car. When the entity will service the car then it should recognize the revenue otherwise not. So in accrual basis accounting the date of payment is irrelevant for recognition of revenue and expenses.

4 0

3 years ago

Read 2 more answers

Payday loans could be considered

Molodets [167]

C. subprime lending

Its not something you want to do all of the time

7 0

3 years ago

Assume that ExxonMobil uses a standard cost system for each of its refineries. For the Houston refinery, the monthly fixed overh

maksim [4K]

Answer:

a. Fixed overhead budget variance = Budgeted fixed overhead - Actual fixed overhead

= $8,000,000 - $8,750,000

= $750,000 Unfavorable

b. Predetermined overhead rate per barrel = $8,000,000 / 5,000,000

= $1.60 per barrel

Fixed overhead applied = 5,100,000 * $1.60

= $8,160,000

Fixed overhead volume variance = Fixed overhead applied - Budgeted fixed overhead

= $8,160,000 - $8,000,000

= $160,000 Favorable

c. Fixed overhead budget variance = Budgeted fixed overhead - Actual fixed overhead

Predetermined overhead rate per barrel = Budgeted fixed overhead / Planned outputs

Fixed overhead volume variance = Fixed overhead applied - Budgeted fixed overhead

5 0

3 years ago

A retail company sells products such as agricultural produce and consumer products. The company procures materials from farmers

mojhsa [17]

Answer:

Inbound logistics

Explanation:

Inbound logistics is the process of obtaining raw materials, and other goods and services, to the firm, while outbound logistics is the process of delivering the final goods and services from the firm to the customers.

In this case, the retail company is engaging in inbound logistics because it is procuring the raw materials from local farmers. Once these materials reach the firm, it can transform them into the agricultural produce and consumer produce that it sells.

5 0

3 years ago