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3 years ago

Vertical accountability refers to the ability of _________.

Business

1 answer:

Wewaii [24]3 years ago

4 0

Answer:

Vertical accountability refers to the ability of

a. individuals and groups to hold state institutions accountable

Explanation:

When discussing accountability in governance, there are different types which include vertical accountability and horizontal accountability.

Vertical accountability refers to the ability of individuals and groups to hold state institutions accountable and horizontal accountability refers to the ability of the legislature to hold the executive accountable.

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Maximizing the efficiency of the manufacturing or product development process to minimize costs is referred to as _________.

nydimaria [60]

Answer:

Operation excellence

Explanation:

This concept demonstrates the steady improvement in the product cycles with the support of product cycles, teamwork skills, leadership, problem-solving, decision making, etc. through which an organization's goals and objectives could be effectively and efficiently achieved.

The motive of every organization is to sell the products of the company as per the customer expectations so that it can gain the competitive advantage in the market place by minimizing the cost to the greater extent but at the same time, the company should maintain the quality of the product

6 0

3 years ago

Sheffield Corp. has beginning work in process inventory of $148000 and total manufacturing costs of $677000. If cost of goods ma

Lostsunrise [7]

Answer:

The cost of the ending work in process inventory is $135,000

Explanation:

The cost of goods manufactured is the cost of all the units manufactured. It includes all the direct costs and overheads of the goods manufactured at the end of a period.

Use the following formula to calculate the cost of the ending work in process inventory

Cost of Goods Manufactured = Total Manufacturing cost + Begininning Work in process - Ending work in process

Where

Cost of goods manufactured = $690,000

Total manufacturing costs = $677,000

Beginning work in process inventory = $148,000

Placing values in the formula

$690,000 = $677,000 + $148,000 - Ending work in process

$690,000 = $825,000 - Ending work in process

Ending work in process = $825,000 - $690,000

Ending work in process = $135,000

3 0

3 years ago

Fill in the missing amounts.

aleksandrvk [35]

Solution

Yoste Company Noone Company

Sales revenue($100,000 + $5,000) $90,000 $105,000

Sales returns and allowances ($6,000) ($5,000)

Net sales $84,000 $100,000

Cost of goods sold($100,000 - $40,000) ($58,000) ($60,000)

Gross profit($84,000 - $58,000) $26,000 $40,000

Operating expenses($40,000 - $17,000) ($14,380) ($23,000)

Net income($26,000 - $14,380) $11,620 $17,000

Net Income divide by Net Sales = Profit Margin Ratio
Gross Profit divide by Net Sales = Gross Profit Rate

Yoste Company :

Profit Margin Ratio = $11,620 divide by $84,000 = 13.83%

Gross Profit Rate = $26,000 divide by $84,000 = 30.95%

Noone Company:

Profit Margin Ratio = $17,000 divide by $100,000 = 17%

Gross Profit Rate = $40,000 divide by $100,000 = 40%

6 0

3 years ago

Culture is a system of values and norms shared among a group of people and that when taken together constitute a design for livi

Bas_tet [7]

Answer:

a. True

Explanation:

The above is true because culture constitute a way of life of people who share common value. Culture refers to the beliefs, values and norms among group of people. For instance, in some culture, the male when greeting lay flat on the ground, while the female knee; these actions symbolizes respect for the people whom they are greeting.

Examples of cultural beliefs includes but not limited to tradition beliefs, religion beliefs, social standards etc.

4 0

4 years ago

Payroll deductions are the same for all employees.

butalik [34]

Answer:

no it depends the age and how good u are at your job.

Explanation:

6 0

3 years ago