Analyze the given scenario for potential ethical concerns.
Susan has just begun a new job. The office's computers are automatically set to inform employees when the computer anti-virus software is due to be updated. This web-security technology is vital to keeping business documents safe. However, Susan does not pay attention to the alerts that pop up on her computer, which results in the anti-virus software expiring.
Susan regularly gets distracted from her assignments and begins perusing websites for personal interests rather than for her assignment. Unfortunately, one day a computer virus infects her computer from one of these websites; she quickly begins to notice problems. When she realizes what has happened, Susan is worried and uncertain. She waits until the end of the day to inform her manager of this incident. Because of her negligence, it's possible that this virus infect her company's confidential data. In her company's workplace rules and regulations, she was told explicitly to stay away from questionable websites due to the sensitive nature of the information on her computer.
1. In this scenario, what is the importance of anti-virus software and other similar virus protection programs?
2. What steps could Susan have taken to help prevent this incident from occurring?
3. Besides the importance of network security, what other ethical issue does this scenario illustrate?
4. What data privacy or legal issues could result from employees' use of the Internet on their company's server?
5. Besides avoiding unfamiliar websites, what other measures can be taken to ensure a virus doesn't infect your company's computer network?
Match the drawbacks of the scientific management theory to their respective outcomes in the workplace.
rigidity
lack of autonomy
mechanical nature
lack of feedback
Answer:
Explanation:
Plato Users
Production methods are standardized with no opportunity for individual initiative is known as lack of autonomy.
What are Production methods?A production process is a way to use economic resources, such as labor, expensive machinery, or land, to create goods and services for customers.
The manufacturing process typically addresses how to effectively and productively produce goods for sale so that clients can receive them fast without compromising the product's quality.
Depending on their manufacturing objectives, production volumes, and technology tools or software systems, organizations can use a wide range of production methods.
Making broad-based production decisions that have an impact on the productivity levels of product development and sales is a crucial component of the job of a manufacturing manager. Choosing the best production method frequently depends on the kind of technology you have access to.
For instance, without the right technology to track, categorize, or manufacture these products appropriately, you might not be able to adhere to a clear mass production structure if you receive a lot of orders for the same product.
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A portfolio is invested 14 percent in Stock G, 55 percent in Stock J, and 31 percent in Stock K. The expected returns on these stocks are 8 percent, 14 percent, and 19 percent, respectively. What is the portfolio's expected return
Answer: 14.71%
Explanation:
The portfolio expected return is a weighted average of the individual returns on the stocks.
= (14% * 8%) + (55% * 14%) + (31% * 19%)
= 14.71%
New York City is the most-visited city in the world.
A. True
B. False
Answer:
A. True
Explanation:
New York is the most popular city in the US and home to the world-famous statue of liberty. New York city has attractive tourist destination sites and offers wonderful shopping experiences. In 2019, the city welcomed over 13.5 million visitors from outside the US.
New York is the most sought tourist destination. It is also the most visited city in the world.
So far the most-visited city's in the world are, 1st= New York City (66.6million), 2nd= London (30million) and 3rd= Bangkok (22.7million).
paid rent of Rs.25000 by cheque. make journal entry
Answer:
see below
Explanation:
Rent is an expense to the business. An increase in expenses is debited.
rent was paid by cheque. The transaction will reduce money held at the bank( asset) by Rs. 25,000. A reduction in assets is credited.
The journal entry will be
Rent A/c Dr. Rs. 25,000
Bank A/c Cr. Rs. 25,000
Assume the following information: Percent Complete Milling Department Units Materials Conversion Beginning work in process inventory 300 45 % 30 % Units started into production during March 5,900 Units completed during March and transferred to the next department 5,800 100 % 100 % Ending work in process inventory 400 40 % 45 % Using the weighted-average method, what is the equivalent units of production for materials
Answer:
Equivalent units of production for materials = 5960
Explanation:
Given:
Units transferred out = 5800
Units in ending inventory = 400
%age of completion for conversion = 40%
To calculate the equivalent units of production by using the formula:
Equivalent units of production for materials = units transferred out + ( units in ending inventory × %age of completion for conversion)
= 5800 + ( 400 × 40/100)
= 5800 + ( 400 × 0.4)
= 5800 + 160
= 5960
2. Which of the following groups of users would primarily be interested in a company's annual
published financial statements?
A. Shareholders and suppliers
B. Management and employees
C. Shareholders and providers of finance
D General public, environmental pressure groups
Answer:
C. Shareholders and providers of finance
Explanation:
A company's financial report communicates the financial health of a business. It indicates whether a business is profitable and can meet its financial obligations.
Shareholders are the owners of a business. They are interested in the financial reports to know if their venture is making profits. Shareholders expect to earn dividends from the business. Only a profitable business is able to declare dividends. Financial reports guide shareholders in making decisions regarding the future of the business.
Lenders provide debt capital to a business. If the company is profitable, then lenders are happy because their payments are assured. Lenders rely on financial reports in deciding whether to extend or deny credit to businesses.
Many economists believe there is a conflict between the economic goals of growth and equity. Do you agree or disagree? Provide your reasons.
Answer:
There should be no conflict between economic growth and equity. Some conflicts may arise, since generally economic growth benefits the richest more than the rest of the population, but government policies can offset this situation, and the living proof are Scandinavian countries.
The theory that leads to conflict is the trickle down effect (supply side economics) since it advocates for allowing rich people to get so rich that they will eventually realize that the only that they can get richer is by distributing some of their wealth. That never happens.
Supply side economics, and all other variations of classical economics, monetarism and neo-classicism are great in theory, but they have never worked in real life.
Create a flow chart that shows the hierarchy of the US Banking Systems.
Answer:
NOOB
Explanation:
Partial ownership of a firm that is considered to be the strongest and financially sound is done through what method
Answer:
The answer is: Buying blue-chip stocks
Explanation:
A firm considered a business enterprise, often involves a partnership of two or more individuals doing business for profit-making as a way of selling shares of the company to individuals in the form of stock which can directly make stakeholders a partial owner of the business depending on the percentage bought. Partial ownership of a firm gives the individual some degree of contributions the individual can make towards decision making.
The correct answer is buying blue-chip stocks. Blue-chip stocks which are considered a secure stock investments because of the stability that investors get are companies that have done so much overtime in ensuring with each profit turn, investors get paid their dividends.
United Airlines and Continental Airlines decided to merge, in part because the companies had little overlap in their domestic routes and hubs. This is an example of
Answer: Synergy
Explanation:
Synergy simply refers to an interaction or a cooperation that exists between two or more organizations, in order to have a greater combined effort which is vital for the achievement of organization goals.
When there is a combined effort of the organizations, the achievement of success would be possible. Therefore, United Airlines and Continental Airlines merging because the companies had little overlap in their domestic routes and hubs is an example of synergy.
A g drought ravaged crops across the United States during the summer of 2012. What is the likely impact of this drought on the price of corn
Answer: Increase
Explanation:
The price of corn will increase sharply due to the relative scarcity of corn in the market.
Graphically depicted, the Supply curve will shift to the left due to reduction in supply of corn brought upon by the drought. It will then intersect with the demand curve to bring about a new equilibrium price with a higher price.
Do you think both of these companies were above minimum efficient scale? If so, what does that suggest about whether and where they would reap savings from the merger?
Answer: The two companies were above minimum efficient scale considering that both companies belong to the top in their industry
Explanation:
The two companies were above minimum efficient scale considering that both companies belong to the top in their industry. Had the merger been allowed, the combined resources would have resulted to a very strong competitive position
the work in process inventory account of a manufacturing company shows a balance of $2,400. from this information, it appears that the compnay is suing a predetermined overhead rate, as a percentageof direct labor costs, of: g
Answer: 125%
Explanation:
Here's the complete question:
The Work in Process inventory account of a manufacturing company shows a balance of $2,400 at the end of an accounting period. The job cost sheets of the two uncompleted jobsshow charges of $400 and $200 for direct materials, and charges of $300 and $500 for direct labor. From this information, it appears that the company is using a predetermined overhead rate, as a percentage of direct labor costs, of:
A. 80%
B. 125%
C. 300%
D. 240%
First, we have to calculate the overhead cost of the incomplete jobs. This would be:
Ending Work in process balance = $2,400
Less: Direct materials cost of uncompleted Jobs = $600
Less: Direct labor cost of uncompleted Jobs = $800
Therefore, Overhead cost of Uncompleted Jobs = $1,000
Then, the predetermined overhead rate would be calculated as:
= Overhead cost / Direct labor cost of the uncompleted Jobs
= $1000 / $800
= 1.25
= 125% of direct labor cost
an annual bond selld for $865 with par value $1,000 and coupoin rate 8% what is bond yeild to maturity for 10 years
Answer:
1.4484 %
Explanation:
The formula for Yield to Maturity =
[C + (FP - MP) /n]/FP + MP/2
Where
C = Coupon rate = 8% = 0.08
MP = Market value or price = $865
FP = Face or Par value = $1000
n = number of years = 10
Yield to Maturity =[ 0.08 +(1000 - 865) /10]/ 1000 + 865/2
Yield to Maturity = 1.4484 %
proud family inc., produces a variety of products. the average cost of one widget using ABC costing is closets to
Answer:
b. $156.59
Explanation:
Note: The full question is attached as picture below
As the company is under traditional costing system and the allocation base is machine hours.
Variable OH per hour = Total variable cost / Total machine hours
Variable OH per hour = 513,600/32,000
Variable OH per hour = $16.05
Average cost of producing one unit of widget = Direct material per hour + Direct labor per hour + Variable OH per hour
= $95.52 + $51.04 + ($16.05*750/1200)
= $95.52 + $51.04 + $10.03
= $156.59
When we compute the mean of a frequency distribution, why do we refer to this as an estimated mean?
Answer:
We call it an estimated mean because it represents the average of the data collected, and we assume that this average (estimated mean) represents the data collected. But this is not necessarily true since the estimated mean is not the same as all the different data collected. Most of the times, when we are working with statistics we do not know or are not even given all the data, we are just given the relevant ratios or indicators.
The Gondwanaland Chairman of Production reported that the new Altair chariots (most modern, horse drawn family chariot) had a PRICE elasticity of 3 and an INCOME elasticity of 2. The supply of these Altair chariots is elastic. Evaluate the following statements and explain why you think they are true, or false.
a. A 20% increase in the price of the Altair chariot will cause the quantity demanded to fall by an astounding 60%.
b. An increase in Gondwanaland consumers' incomes will cause prices to rise, but the total quantity demanded will also increase.
Answer:
a. true
The statement is true because the price elasticity is 3 .
Price elasticity = percentage change in quantity demanded / percentage change in price
= 60% / 20% = 3
This corresponds with the price elasticity given. Demand is elastic so a rise in price would lead to a greater change in quantity demanded
b. false
Income elasticity measures the relationship between income and quantity demanded. The income elasticity for luxury goods is usually greater than 1. If income of Gondwanaland consumers' increases, the quantity demanded increases. Prices are not affected
Explanation:
Price elasticity of demand measures the responsiveness of quantity demanded to changes in price of the good.
Price elasticity of demand = percentage change in quantity demanded / percentage change in price
If the absolute value of price elasticity is greater than one, it means demand is elastic. Elastic demand means that quantity demanded is sensitive to price changes.
Demand is inelastic if a small change in price has little or no effect on quantity demanded. The absolute value of elasticity would be less than one
Demand is unit elastic if a small change in price has an equal and proportionate effect on quantity demanded.
Income elasticity of demand measures the responsiveness of quantity demanded to changes in income.
The following citation is for a page on a Web site. Identify the error in the citation.
GROCERY STORE PROBLEM: A local grocery store faces demand for one of its items at a constant rate of 20,000 boxes per year. It costs them $5 to process an order and $0.50 per box per year to carry the item in stock. The stock is received three working days after an order is placed. Assume 250 working days in a year and no backordering. What is the demand during lead time assuming that there is no variability
Answer: 240
Explanation:
The following information can be gotten from the question:
Annual demand (D)= 20000
Daily demand (d) = 20000 / 250 = 80
Ordering cost (S) = 5
Holding cost (H) = 0.5
Lead time (L)= 3 days
The demand during lead time would be gotten by multiplying the daily demand by the lead time. This would be:
= 3 × 80
= 240
Question # 5
Multiple Choice
Which of the following is described as a limit on the quantity of a good produced abroad that can be imported?
- import tax
- quota
- trade surplus
- tariff
ANSWER IS QUOTA!!!
I think the answer will be
- QUOTAssume the following information: Milling Department Materials Conversion Total Cost of beginning work in process inventory $ 10,000 $ 15,000 $ 25,000 Costs added during the period 291,600 390,500 682,100 Total cost $ 301,600 $ 405,500 $ 707,100 Assume the equivalent units of production for materials and conversion, when using the weighted-average method, are 5,200 units and 5,000 units, respectively. If the equivalent units in ending work in process inventory for materials and conversion are 400 units and 200 units, respectively, then what is the total cost of ending work in process for the Milling Department
Answer:
the total cost of ending work in process is $39,420
Explanation:
The computation of the total cost of ending work in process is shown below:
Equivalent cost per unit
Material = $301,600 ÷ 5,200 units = $58 per unit
Conversion = $405,500 ÷ 5,000 units = $81.10 per unit
Now ending work in process is
= 400 units × $58 + 200 units × $81.10
= $23,200 + $16,220
= $39,420
Hence, the total cost of ending work in process is $39,420
The Cornelius Company has an ROE of 14.4 percent and a payout ratio of 30 percent. What is the company’s sustainable growth rate?
Answer:
11.21%
Explanation:
Calculation for What is the company’s sustainable growth rate
Sustainable growth rate=ROE*b/1-ROE*b
Let plug in the formula
Sustainable growth rate=14.4%*(100%-30%)/1-=14.4%*(100%-30%)
Sustainable growth rate=14.4%*70%/1-14.4%*70%
Sustainable growth rate=0.1008/0.8992
Sustainable growth rate=0.11209*100
Sustainable growth rate=11.21% approximately
Therefore the Sustainable growth rate will be 11.21%
What criteria do accountants use to decide whether to use present or future values in accounting statements?
Answer:
Present value is nothing but how much future sum of money worth today. It is one of the important concepts in finance and it is a basis for stock pricing, bond pricing, financial modeling, banking, and insurance, etc. Present value provides us with an estimated amount to be spent today to have an investment worth a certain amount of money at a specific point in the future. Present value is also called a discounted value. It is an indicator for investors that whatever money he will receive today can earn a return in the future. With the help of present value, method investors calculate the present value of a firm’s expected cash flow to decide if a stock is worth to invest today or not.
The formula for calculating PV is shown below
PV = CF/ (1+r)n
Here ‘CF’ is future cash flow, ‘r’ is a discounted rate of return and ‘n’ is the number of periods or year.
Example
Let’s say that you have been promised by someone that he will give you 10,000.00 Rs 5 year from today and interest rate is 8% so no we want to know what the present value of 10,000.00 Rs which you will receive in future so,
PV = 10,000/ (1+0.08)5
PV = 6805.83 (To the nearest Decimal)
So present-day value of Rs 10,000.00 is Rs 6805.83
Explanation:
How would you address mental challenges and age-related issues with exercising?
Answer:
Explanation:
Having someone to exercise with you makes it more enjoyable. ... Make exercise a priority and set time aside during the day. ... Identify activities that they enjoy. ... Start slowly and advance the exercise program gradually. ... Set realistic expectations. ... Be supportive.Do “rules of the game” promote or prevent opportunism?
Answer:
promote I think
A company had net income of $40,000, net sales of $300,000, and average total assets of $200,000. Its profit margin and total asset turnover were respectively:
Select one:
a. 13.3%; 0.2.
b. 13.3%; 1.5.
c. 2.0%; 1.5.
d. 1.5%; 0.2.
e. 1.5%; 13.3.
Answer:
a. 13.3%; 0.2.
Explanation:
Profit margin can be expressed as a ratio or a percentage. It is also called the gross profit ratio
The formula for gross margin
= net income/ net sales x 100
= $40,000/ $300,000 x 100
=13.33%
The formula for calculating asset turnover ratio is net sales divide by
average total assets.
=Net sales/ average total sales
=$40,000/$200,000
=0.2
Briefly describe the disadvantages of multiple points of contact for a user who has a question or problem.
Incomplete question. The options:
The user may not know whom to contact about a problem.The user may misdiagnose the problem and contact the wrong contact person.The contacts may not know the answer.The contacts may disagree about the solution to a problemAnswer:
The contacts may disagree about the solution to a problemExplanation:
Of course, there is a likelihood of disagreement between the contacts as they may have slightly to very broad different opinions about how to solve a particular problem.
For example, imagine a customer has a problem he believes can be solved, he decides to;
contact support team A via phone call, he's attended to and offered a solution, still unclear he againcontacts another support team (team B) via email, in this case, a different support staff attends to him.Finally, he likely discovers that the suggestions made by the contacts disagree (not in harmony) about the solution to a problem.
Farah and David decide to form a sports memorabilia retail partnership. They have known each other since business graduate school and have always worked well together on various projects. The business is doing well but cash flow is very tight. Farah takes several calls from vendors asking for payment. He believed David had been paying the bills. When he asks about this, David admits to embezzling from the partnership. What liability does Farah face as a result of the theft
Answer:
Farah faces a general partnership as a result of theft
Explanation:
General Partnership is simply a free association of two or more persons to carry on business for profit gains.
Partnership agreement is simply an agreement by two or more persons to do business together as a partnership in an oral or written form.
Based on the provided information, Farah faces a general partnership as a result of theft.
According to the question, we were to discuss about Farah and David who decide to form a sports memorabilia retail partnership and the liability that Farah faced.
As a result of this, we can see that she faced general partnership as a result of theft, general Partnership which is a free association of two or more party to share gain from a business,
Therefore, since David admits to embezzling from the partnership then it is a theft from partnership.
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glass pro makes and sells 100 bottles per month. each bottle is sold for $2,000. fixed costs are how much is total profit if production and sales increase by 10%
Answer:
The answer is "$9000".
Explanation:
Please find the complete question in the attached file.
Margin per bottle addition [tex]= 1200-(\frac{30000}{100}) = 900[/tex]
Profit changes [tex]= 10 \times 900 = 9000[/tex]
Profits would decline by[tex]= \$ 9000[/tex]
