Answer:
A report showing an employee's age as a negative number is useless because it lacks Validity.
<h3>
What is Validity?</h3>
- Validity refers to how accurately a method measures what it is intended to measure.
- If research has high validity, that means it produces results that correspond to real properties, characteristics, and variations in the physical or social world.
To learn more about validity, refer
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Answer:
Target costing does not begin with the determination of the cost of the product and then focusing on developing ways to sell the product at a price that will enable the company to achieve its desired profit margin.
The correct answer is B
Explanation:
In target costing, the company does not determine the price because the price is determined by the market. Target costing begins with determining the target profit. Then, the company deducts the target profit from the market price in order to obtain the target cost.
The constant monthly withdrawal amount can be calculated by using PMT function in excel as in =PMT(rate,nper,pv) where rate = 7% = 0.07/12 (Monthly rate), nper = 20 years = 20*12 = 240 months and pv = 300,000
Constant monthly withdrawal amount =PMT(0.07/12,240,300000)
Constant monthly withdrawal amount = $2,325.90
Constant monthly withdrawal amount = $2,326 (Option C)
Answer:
When a company uses the straight line amortization of bond premiums, the total amount of interest expense will be equal to the expense calculated using the effective interest method.
The advantage of using the straight line amortization is that it is a much simpler method. Under this method, the bond's premium is amortized over the life of the bond.
Answer:
It frequently lacks effective communication channels across department.
Explanation:
A functional structure is an organizational structure that is used to coordinate employees on the basis of their various skills. It helps in the categorizing of workers into smaller groups based on their area of specialty.
Advantages of functional structure include:
1) The grouping of workers into their area of specialty makes the work more efficient.
2) The individuals in a group share their various knowledge to make productivity faster.
Diasvantages of functional structure include:
1) There could be a lack of coordination among the workers.
2) Competition may arise between individuals in a group.