A Municipal Finance Professional (MFP) lives in State A. The MFP gives $200 to the election campaign of a personal friend who is running for Governor of State B. Which statement is TRUE? A The payment will not result in the employing firm being banned from doing municipal securities business with State B because the amount is below the $250 de minimis amount B The payment will not result in the employing firm being banned from doing municipal securities business with State B because it was made based on a personal relationship C The payment will not result in the employing firm being banned from doing municipal securities business with State B because it only applies to payments made in State A D The payment will result in the employing firm being banned from doing municipal securities business with State B
Answers
Answer:
B The payment will not result in the employing firm being banned from doing municipal securities business with State B because it was made based on a personal relationship.
Explanation:
The rule of de minimis applies to persons making donations to candidates vying for elective positions. $250 de minimis is applicable to a person who will vote for a candidate in an election. If a person will not vote for the candidate, the de minimis is $150.
In this case, the MFP will not be voting for the candidate. She is allowed to donate only $150. Any excess will be refunded. However, since the MFP is making the donation on his personal capacity, the firm as a separate entity will not be penalized for what the MFP does with her money. It is likely that the firm does not even do contracts with the municipality. However, they are not based in the same area.
Related Questions
The employees at your job have been asked to attend a mandatory training meeting. Your co-worker, Mike, doesn't want to go and has asked that you sign his name to the attendance sheet for him. Mike's request shows he does not demonstrate which workplace attitude?
honesty
dependability
punctuality
self-confidence
Answers
Answer:
dependability
Explanation:
I know it has to be one of those two. Dependability means honesty, reliability, and trustworthiness which we can see that Mike doesn't have. So actually, it'd be B
Answer:
Dependability
Explanation:
...
Activity-based Costing—Comprehensive Problem [lo 2] The Riverdale Printing Company prints limited edition art books with production runs of 15,000 to 100,000. It has recently adopted an activity-based costing system to assign manufacturing overhead to products. The following data relate to one product, Art of Design, and the ABC cost pools:
Art of Design:
Annual production 40,000 units
Direct materials $37
Direct labor per unit $8
Manufacturing overhead
cost pools Cost Pool Cost Driver $ 840,000
Materials ordering $840,00 Number of purchase orders
Materials inspection 525,000 Number of receiving reports
Equipment setup 2,500,000 Number of setups
Quality control 1,000,000 Number of inspections
Other 25,000,000 Direct labor cost
Total manufacturing overhead
Annual activity information related to cost drivers:
Cost Pool All Books Art of Design
Materials ordering 120,000 orders 1,200
Materials inspection 2,100receiving reports 315
Equipment setup 125 setups 1
Quality control 5,000 inspections 500
Other $12,500,000 direct labour $320,000
a. Calculate the overhead rate per unit of activity for each of the five cost pools.
b. Calculate the total overhead assigned to the production of the Art of Design. Round to two decimal places.
c. Calculate the overhead cost per unit for the Art of Design.
d. Calculate the total unit cost for the Art of Design.
e. Suppose that Riverdale Printing allocates overhead by a traditional production volume-based method using direct labor dollars as the allocation base and one cost pool. Determine the over- head rate per direct labor dollar and the per unit overhead assigned to the Art of Design. Discuss the difference in cost allocations between the traditional method and the activity-based costing approach.
Answers
Answer:
Instructions are below.
Explanation:
a)
First, we need to calculate the activity rate for each activity:
Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base
Materials ordering= 840,000/121,200= $6.93 per order
Materials inspection= 525,000/2,415= $217.39 per report
Equipment setup= 2,500,000/126= $19,841.27 per setup
Quality control= 1,000,000/5,500= $181.82 per inspection
Other= 25,000,000/12,820,000= $1.95 per direct labor dollar
b)
Now, we can allocate overhead:
Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base
Materials ordering= 6.93*1,200= 8,316
Materials inspection= 217.39*315= 68,477.85
Equipment setup= 19,841.27*1= 19,841.27
Quality control= 181.82*500= 90,910
Other= 1.95*320,000= 624,000
Total allocated costs= $811,545.12
c)
Unitary overhead= 811,545.12/40,000= $20.30
d)
To calculate the unitary production cost, we need to use the following formula:
Total unitary cost= direct material + direct labor + allocated overhead
Total unitary cost= 37 + 8 + 20.3
Total unitary cost= $65.3
e) Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base
Predetermined manufacturing overhead rate= 29,865,000/12,820,000
Predetermined manufacturing overhead rate= $2.33 per direct labor costs
Allocated MOH= 2.33*320,000= $745,600
Unitary overhead= 745,600/40,000= $18.64
The difference between a plantwide predetermined overhead rate and an activity-based, is that the second one is more accurate. The allocation process is specific and more efficient.
Varieties of oligopoly An oligopolistic market structure is distinguished by several characteristics, one of which is either homogeneous or differentiated products. What are some other characteristics of this market structure
Answers
Answer:
Market control by a few large firms
Difficult entry
Mutual interdependence
Explanation:
In the case of oligopoly as we know that there are very little large firms and each kind of firm generates the important portion of the total output. So each market have the market control
Also the main reason behind the barrier with regard to new firm entered is the barrier for the few firms. The reasons like patents, large capital needed are some reasons that makes it difficult for entering
In addition to this, they are mutual interdependent. This implies that the one firm action would impact the other firm action and according to this, the price and the level of output would be determined
Hence, the above represent the answer
This incentive contract is based on a target price of $260,000 withexpected costs of $240,000 and target incentive of $5,000.Thecontract specifies a share ratio of 80/20. If the actual cost is $249,000, what is the seller's final fee?A.$5,000,B.$13,800,C.$11,000,D.$7,200
Answers
The seller's final fee is $7,200. which is option D. based on the incentive contract.
The seller's final fee can be calculated by subtracting the target cost from the actual cost and multiplying it by the share ratio.
First, let's calculate the difference between the actual cost and the target cost:
Actual cost - Target cost = $249,000 - $240,000 = $9,000
Next, we multiply the difference by the share ratio:
$9,000 * (80/100) = $7,200
Therefore, the seller's final fee is $7,200.
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Which of the following voice-mail greetings would be best received by
potential employers?
Answers
A voice-mail greeting that would be best received by potential employers should be professional, concise, and clear. It should project a positive and polished image of the individual.
Here's an example of a voice-mail greeting for potential employers:
"Hello, you've reached [Your Name]. Thank you for calling. I am currently unavailable to take your call, but your message is important to me. Please leave your name, contact information, and a brief reason for your call, and I will return your call as soon as possible. Thank you."
This greeting conveys professionalism by using a polite and respectful tone. It assures the caller that their message will be attended to and provides a set of clear instructions for leaving pertinent details. By presenting yourself as organized and responsive, you create a favorable impression on potential employers who may be contacting you regarding job opportunities or interviews.
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1. The cross-price elasticity of demand between company A and its competitor is 0.32 (inelastic).
If the competitor runs a sale where it cuts its prices by 10%, how will it impact the prices of Company A?.
2. The income elasticity of demand of company A is -0.32. suppose the economy enters a recession and average incomes are expected to fall. Will the company do well or poorly? why or why not?
Answers
1. Since the cross-price elasticity of demand between Company A and its competitor is 0.32 (inelastic), the sale by the competitor will have a minimal impact on the prices of Company A. The price of Company A's products may decrease slightly, but not by much.
2. If the economy enters a recession and average incomes are expected to fall, Company A will do poorly. This is because the income elasticity of demand for Company A is -0.32, which means that as incomes decrease, demand for Company A's products will also decrease.
What is elasticity of demand?Elasticity of demand is a measure of how responsive the quantity demanded of a good or service is to a change in its price. It is calculated as the percentage change in quantity demanded divided by the percentage change in price. If a small change in price leads to a large change in the quantity demanded, the demand is said to be elastic. If a large change in price leads to a small change in the quantity demanded, the demand is said to be inelastic.
Therefore, the correct answer is as given above
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Deep discount bonds reflect questionable quality. True False
Answers
Answer:
I think "False" but I'm not sure.
Explanation:
I'm sorry if it's wrong.
1.Why is knowledge of consumer behavior important to the marketer?
Answers
The knowledge of consumer behavior is extremely important to the marketer in order to provide the customers with best possible products and earning profit for himself sideways.
CONSUMER BEHAVIOR is the study of consumers and the processes they use to select the product. It particularly deals with the psychological of the customer i.e., What the think? What they want? What are the trends they are interested in? At what price do they feel comfortable? And so on.
When the marketer understands the mental state of the consumer then he/she becomes fit to earn and compete with his fellow marketers. This enables him to provide the customers with the products of their choice at reasonable prices. This is how he sustains in market and earns profit.
Example: a marketer understands that customers are attracted by discounts. So he would increase the actual cost of product and increase the discount price. The selling price is not changed but since the customer thinks he is getting more discount, he is attracted.
Consumer Behavior is of great significance to marketers because it helps them to survive in the industry. It helps them to analyze business trends and helps to keep up with their competitors. It also helps to retain their customers.
Consumer buying behavior refers to the analysis of consumers' actions when selecting whether to get a good that meets their needs. it's an investigation into how customers behave and what motivates them to purchase and use particular goods.
The study of consumer purchasing behavior is crucial for marketers because it helps them comprehend what customers anticipate from them. Understanding what prompts a consumer to get a product is useful.
The importance of consumer behavior to marketers is discussed below:
Consumer diversification: It's a technique used in marketing to set one consumer apart from a group of related consumers. This aids in creating a target market of consumers who exhibit the same or comparable behavior.Customer Retention: Consumer behavior is incredibly crucial for both attracting new consumers and keeping hold of current ones. A satisfied customer is more likely to form the same purchase in the future. Therefore, it's important to sell the product in a way that encourages repeat purchases from customers.Forecasting Demand Patterns: By doing a consumer behavior analysis, a business can avoid spending plenty of money and energy on creating a product that won't be popular with customers.Competitiveness: Understanding and handling the competition are made easier by studying consumer behavior. Your brand may have a competitive edge supported consumer expectations.Develop Unique New Technologies: Businesses continually exerting to increase the likelihood that their novel ideas or new products will succeed. Amongst the foremost crucial methods is to carry out a thorough and careful study of consumer behavior.Learn more about consumer behavior : https://brainly.com/question/9566137
What are some of the advantages and disadvantages of buying a home compared to renting.
Answers
well with buying a home you are stuck with it you cant just move out but with renting you can say ohh im moving and you can give them your key and get out its really not that bard
When an investor is not interested in owning their own business, why do they need to understand entrepreneurship?
Answers
Understanding entrepreneurship is important for investors, as it helps them evaluate investment opportunities and make informed decisions.
Why an Investor Need to Understand Entrepreneurship?Even if an investor is not interested in owning their own business, understanding entrepreneurship is still essential. It allows investors to assess the potential of entrepreneurial ventures they may invest in, evaluate the skills and capabilities of entrepreneurs, and make informed investment decisions.
Understanding entrepreneurship helps investors navigate the business landscape, identify innovative and profitable opportunities, and comprehend the risks and challenges associated with entrepreneurial ventures, thereby maximizing their chances of making successful investments.
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Between January 2010 and January 2016, U.S. employment increased by 12.1 million workers, but the number of unemployed workers declined by only 7.3 million. True or False: The labor force has remained unchanged.
Answers
Answer:
False, the labor forced increased
Explanation:
labor force = total number of people actively working (employed) or searching for jobs (unemployed)
lets say L = the total labor force in 2010
by 2016, L had increased by 12.1 million and decreased by 7.3 million
net change of L = 12.1 - 7.3 = 4.8 more million people were part of the labor force in 2016 than in 2010.
Please submit your idea for a practical, innovative, and marketable product or service (it’s just for a project)
Answers
Um...I decided to share these ideas because they are an upgrade of the things we use in daily life. These inventions make things more fun.
Banana skin caution wet floor signs. Fun caution signs shaped like slippery bananas. ...
Basket ball hoop over trash can. Trash cans where you can slam dunk your trash. ...
Create your own 6-pack machine. Machines where you can pick your own 6-pack. ...
Rechargeable USB batteries. Batteries you can charge via USB. ...
Slides beside stairs.
Sunglasses with solar-powered fans. ...
a TV channel that only plays commercials. ... (for stores)
Waterway Company acquired a plant asset at the beginning of Year 1. The asset has an estimated service life of 5 years. An employee has prepared depreciation schedules for this asset using three different methods to compare the results of using one method with the results of using other methods. You are to assume that the following schedules have been correctly prepared for this asset using (1) the straight-line method, (2) the sum-of-the-years'-digits method, and (3) the double-declining-balance method.
Year
Straight-Line
Sum-of-the-
Years'-Digits
Double-Declining-
Balance
1 $12,420 $20,700 $27,600
2 12,420 16,560 16,560
3 12,420 12,420 9,936
4 12,420 8,280 5,962
5 12,420 4,140 2,042
Total $62,100 $62,100 $62,100
Answer the following questions.
What is the cost of the asset being depreciated?
Cost of asset $
Answers
Answer:
$69,000
Explanation:
The double-declining method uses twice the rate of the straight-line depreciation method.
In this case, we need to determine the depreciation rate under the straight-line method. The asset has a useful life of 5 years.
the depreciation rate = 1/5 x 100
=0.2 x 100
=20%
The Depreciation rate for the double-declining method is 40%. The straight-line method considers salvage value at the beginning, but double-declining depreciates until the salvage value.
In the first year under the double-declining method, the depreciation amount was $27,600.
It means 40% of the asset cost is $27,600.
The asset cost is 100%
40%=$27,600
100% = 27,600/40 x 100
=$690 x 100
=$69,000
Asset cost = $69,000
Which of the following supports a business strategy that incorporates the key
operational capability of flexibility?
O Utilizing specialized, automated equipment for consistent product buildup
O Using electronic tools to improve customer communications
Having high quality standards for suppliers
O Reducing labor and shelving costs
O Maintaining excess production capability
Answers
Business strategy that incorporates the key operational capability of flexibility is utilizing specialized, automated equipment for consistent product buildup.
Thus, the correct option is A.
What is Business strategy?
A business strategy explains the precise methods through which a company intends to position itself, accomplish its short- and long-term objectives, and expand over time.
A plan outlining how a corporation will accomplish its objectives is known as a business strategy. Although there are many distinct business strategies, cost leadership, differentiation, and focus are a few typical examples.
Cost, quality, distribution, technology, and intellectual property are the only five corporate tactics (IP). These five concepts, or a mixture of them, form the basis of all corporate strategy. Focusing your business on just one thing is generally the simplest to implement.
A strategy is essentially just a hypothesis. For a strategy to be effective, the issue that needs to be resolved must be accurately diagnosed, a guiding policy must be established to handle the issue, and a set of cogent actions must be proposed to carry out the policy.
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Unlimited liability for sole proprietors means that
Answers
Answer:
Sole proprietors and partners have unlimited liability. The unlimited liability means that if you're unable to repay the debts of the business, your creditors can go after whatever you own
Carlos is launching a new line of eco-friendly camping equipment, for which he has secured a large loan to help finance the early stages of his
business. Because the products are both innovative and new to the market, which pricing objective is Carlos MOST likely to focus on initially?
A. market share
B. sales
C. profits
D. status quo
Answers
Type the correct answer in the box. Spell all words correctly. Helena showed a sample group of people some images that were taken from her company's recent ad. The brand name was not shown in the advertisement. The sample group was asked to identify the brand in the ad. What is Helena testing by asking this question? Helena is testing by asking this question.
Answers
Helena is conducting a brand recognition test to determine how effective the company's recent advertisement was in promoting brand awareness.
By showing a sample group of people images from the ad without displaying the brand name, Helena is measuring the strength of the brand's visual identity and whether it can be recognized without the aid of a brand name.\
This type of testing is important for companies because it helps them evaluate the effectiveness of their advertising campaigns. By measuring brand recognition, they can determine if their ads are reaching their intended audience and if they are effectively communicating the brand message. This information is valuable for making informed decisions about future advertising campaigns and marketing strategies.
Overall, Helena's brand recognition test is a valuable tool for measuring the effectiveness of the company's recent ad campaign and understanding how well the brand is recognized in the market. By using this information, the company can make informed decisions about future advertising and marketing efforts to improve brand recognition and increase sales.
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A strategy for competitive advantage is based on several attributes of a firm. One of them reflects a product/service that is __________.
a. difficult to imitate
b. substitutable
c. somewhat common
d. all of the above
Answers
Answer:
b. substitutable
Explanation:
If we find the substitute so it would become the vital part of the organization for survival in the particular market segment and this can be done only at the time when the strategic competitive advantage could be designed
So as per the given situation, the option b is correct as it fist to the current situation
hence, the option b is correct
INFORMATION: List of balances extracted from the accounting records of BERGVILLE LTD on 29 February 2023, the end of the financial year, unless otherwise stated. A. B. C. D. E. Ordinary share capital Retained income Loan from Iniwe Bank Fixed assets at carrying value Fixed deposit: Khula bank Trading stock Creditors control Bank (unfavourable) Accrued expenses (expenses payable) Net trade debtors SARS income tax (provisional tax payments) Petty cash - Dividends: Interim dividends : R123 000 Final dividends: R320 000 ? 280 000 985 400 ted the following: ? 200 000 ? 440 000 25 000 11 500 ? 560 000 ? Bank reconciliation statement: The bank reconciliation on 29 February 2022 reflected a post-dated EFT for R5 000 dated 31 March 2023. Trade and other receivables occupied 54% of the current assets. Loan: CAPITEC bank ne ansac edite ACCO
Answers
Given balances extracted from the accounting records of BERGVILLE LTD on 29 February 2023 are as follows:Information:Ordinary share capital = R200,000Retained income = R440,000Loan from Iniwe Bank = R25,000Fixed assets at carrying value = R11,500Fixed deposit:
Khula bank = R560,000Trading stock = R985,400Creditors control = R280,000Bank (unfavorable) = R25,000Accrued expenses (expenses payable) = R11,500Net trade debtors = R280,000SARS income tax (provisional tax payments) = R54,000Petty cash = R5,000Dividends:Interim dividends: R123,000
Final dividends: R320,000Therefore, total shareholders' equity can be calculated as:Share capital + Retained income = 200000+440000= R640,000The total current assets would be:Trading stock + Debtors + Cash = 985400+280000+5000= R1,270,400As given, Trade and other receivables occupied 54% of the current assets.
Therefore, Trade receivables = 54% * 1270400 = R685,216Bank balance as per cash book = 560000 - 25000 - 11500 + 280000 - 54000 - 5000= R1,95500Bank reconciliation statement:Bank balance as per bank statement as at 29 February 2023 = R2,000,500Post-dated EFT of R5,000 dated 31 March 2023Add: Unpresented cheque = R 3,000Add:
Deposit in transit = R12,000Less: Bank charges = R300Less: Uncredited cheque = R7,000Adjusted bank balance as per bank statement = 2,00,500 + 5000 + 3000 + 12000 - 3000 - 7000 = R2,13,500Thus, the adjusted bank balance as per bank statement is R2,13,500.
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What career would a graduate of a drama school be most likely to pursue?
.Fine Artist
.Musician
.Actor
.Dancer
Answers
Answer:
actor is the answer. have a good day, and pls mark brainlest
Answer:
Id say actor.
duuuuh if anything dancer
Explanation:
Can I please get brainleist.
what is the fastest way to grow your account (in followers and likes) on social media? this doesn't have to be "right" just say what has helped you grow on social media
Answers
Answer:
I think is just be nice like thier pics leave nice comments cause if ur nice to them they might think Oh that was nice I'm gonna follow them and just put cute pics and things that are trendy so people will see them and always stay nice and polite
Explanation:
Select all that apply.
Select each of the benefits of being financially responsible.
having more opportunities
earning more money
paying higher interest rates for loans
having a good credit score
being rejected for loans
being prepared for emergencies
paying lower interest rates on credit cards
gaining independence
Answers
Answer:
having more opportunities
earning more money
having a good credit score
being prepared for emergencies
paying lower interest rates on credit cards
gaining independence
Explanation:
Suppose that the consensus forecast of security analysts of your favorite company is that earnings next year will be $5.00 per share. The company plows back 50% of its earnings and if the Chief Financial Officer (CFO) estimates that the company's return on equity (ROE) is 16%. Assuming the plowback ratio and the ROE are expected to remain Constant forever: If you believe that the company's required rate of return is 10%, what is your estimate of the price of the Company's stock?
Answers
Answer:
250
Explanation:
1. Juan earns $48,000 annually. He is paid twice a month. How much does he receive in gross pay in each check?
(Formula Salary/ times in a year he is paid)
O $1000
O $2000
O $500
O $3000
Answers
. Explain factors which may cause the demand curve to shift outward
Answers
Answer:
Answer is below
Explanation:
Factors that may cause the demand curve to shift outward are:
1. changes in tastes and preference: when there is a change in taste for example commodity A, whereby people tend to enjoy its taste, the will be an outward shift in the demand curve of commodity A
2. income of the consumers: when the income of consumers increases, they tend to buy more of a certain commodity they enjoy, hence there will be an outward shift in that commodity's demand curve
3. prices of substitute or complement goods: for example, an increase in the price of a substitute will cause consumers to demand more for a particular commodity, hence, outward in demand shift curve occurs
4. expectations about future conditions and prices: when there is speculation about an increase in the price of an essential commodity or goods consumers enjoy, people tend to buy more in a given moment, hence there exists an outward shift in the demand curve
5. Population of consumers in the market: increase in the population of consumers of a certain commodity is directly proportional to an increase in demand of that commodity, hence there exists an outwards shift in the demand curve.
What stock should I buy
Answers
Please help soon! Click this link to view O*NET’s Skills section for Chefs and Head Cooks.
Note that common skills are listed toward the top, and less common skills are listed toward the bottom.
According to O*NET, what are common skills needed by Chefs and Head Cooks? Select three options.
technology design
monitoring
management of personnel resources
programming
time management
installation
Answers
Answer: monitoring, management of personal resources, time management
Explanation:
Answer:
monitoring, management of personnel resources, critical thinking, and time management
Explanation:
EDGE 2021
North Shore Community College reimburses faculty members $.298 per mile to go to a workshop. Professor Wales submitted her travel log for a total of 650.11 miles. What reimbursement can Professor Wales expect? (Round answer to the nearest cent.)
Answers
Answer:
$193.73
Explanation:
The computation of the reimbursement professor Wales expect is shown below:
= Number of miles required to go workshop × total submitted her travel log
= $0.298 per mile × 650.11 miles
= $193.73
By multiplying the number of miles required with the total submitted her travel log we can get the expected reimbursement and the same is to be considered
1. Critical thinking requires setting high standards for yourself. True or false
Answers
Answer:
True
Explanation:
The compensation package for international assignees can be costly, double or more the employee's annual base salary.
Select one:
True
False
Answers
The compensation package for international assignees can be costly, double or more the employee's annual base salary is true.
What is international compensation?International compensation is defined as all monetary gains and material advantages that workers for an international organization receive from their employer in exchange for their dedication and labor.
The primary goals of global compensation include facilitate the movement of expatriates between subsidiaries, between homes and subsidiaries, and between homes and subsidiaries.
A better compensation package for HR professionals working on overseas assignments is what international compensation management tries to build and develop.
Thus, the compensation package for international assignees can be costly, double or more the employee's annual base salary is true.
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