There are no adjustments needed to be made to the retained earnings or to the 2021 financial statements since the royalties were accrued and received in the correct accounting period.
Feenix Computer Storage, Inc., receives royalties for an operating systems control manual they wrote for Hill-McGraw Publishing, Inc. Feenix is entitled to 12% of net sales, payable annually on February 1 for sales in the previous year. On December 31, 2021, the editor informed Feenix that book sales subject to royalties for the year ended are expected to be $310,000.
As a result, Feenix accrued royalty revenue of $37,200 at December 31 and received $37,710 in royalties on February 1, 2022. No adjustments need to be made to retained earnings or to the 2021 financial statements, as the accrual and receipt of royalties have been properly recorded in the accounts.
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62. which of the following is not a characteristic of layout decisions in system design? a. substantial investment of both money and effort b. long-term commitment c. significant impact on short-term efficiency d. usually well received by operative personnel e. can affect supplier or customer processes
The statement that is not a characteristic of layout decisions in system design is "usually well received by operative personnel". The Option D is correct.
What is the strategic importance of Layout Decisions?Basically, a layout refers to one of the key decisions that determines the long-run efficiency of operations. A layout has a strategic implications because it establishes an organization’s competitive priorities in regard to capacity, processes, flexibility, cost, quality of work life, customer contact, and image.
An effective layout will facilitates the flow of materials, people, and information within and between areas. As well, a very effective layout can help an organization achieve a strategy that supports differentiation, low cost, or response. Benetton, for instance, supports a differentiation strategy by heavy investment in warehouse layouts that contribute to fast, accurate sorting and shipping to its 5,000 outlets.
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The texas constitution sets the election of the governor in off-years from presidential elections for what purpose?
Gubernatorial elections are held in off-years (years in which a president isn't elected) to minimize the impact of presidential elections on the selection of the Texas governor.
An off-12 months election is a well-known election in the USA which is held in unusual-numbered years whilst neither a presidential election nor a midterm election takes vicinity. The term "off-year" can also be used to consult midterm election years as nicely. poll Fatigue.
The governor is restrained in his or her function as leader govt because Texas has a plural govt machine that consists of many independently elected executives over whom the governor has no manipulation. Texas has divided strength between final courts of appeals, and judges are elected in partisan elections.
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Apple used easy-to-open, clean-lined, well- designed packaging for all of its products. It is one of the distinguishing marks of its branding. By designing and creating such distinctive and pleasing packaging, what does Appel inspire in its customers?
Brand loyalty is what apple does by well- designed packaging for all of its products. It is one of the distinguishing marks of its branding.
What is meant by design packaging?Form, structure, materials, color, imagery, typography, and regulatory information are all connected with auxiliary design aspects in packaging design to create a product that is fit for marketing.
However, there are a lot of factors to consider when creating a packaging because design must have a purpose. It must safeguard what's within. It must make storage and distribution simple. On a shelf stacked with other products, it must advertise who it is and bring attention to itself.
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Which of the following is NOT a benefit of a static budget performance report? ssignm OFFER
o It is useful in evaluating a manager's control over fixed costs. Ments
o It is useful in evaluating a manager's control over variable costs.
o It is useful in evaluating a manager's control over fixed selling and administrative expenses.
o It is useful in evaluating a manager's effectiveness when actual sales approximate budgeted amounts
The statement that is NOT a benefit of a static budget performance report is C. It is useful in evaluating a manager's control over fixed selling and administrative expenses.
A static budget performance report compares actual results with the budgeted amounts based on a fixed set of assumptions. While a static budget performance report offers several benefits, evaluating a manager's control over fixed selling and administrative expenses is not one of them.
Fixed selling and administrative expenses, such as rent, salaries, and insurance, are generally not directly controllable by managers in the short term. These expenses tend to remain relatively stable regardless of changes in sales or production levels. As a result, evaluating a manager's control over fixed selling and administrative expenses using a static budget performance report may not provide meaningful insights into their performance or cost control abilities.
However, the other options listed are valid benefits of a static budget performance report:
A. It is useful in evaluating a manager's control over fixed costs.
B. It is useful in evaluating a manager's control over variable costs.
D. It is useful in evaluating a manager's effectiveness when actual sales approximate budgeted amounts.
These benefits allow for assessing a manager's performance in terms of cost control, budget adherence, and overall effectiveness in achieving sales targets. In summary, while a static budget performance report has several benefits, it is not specifically designed to evaluate a manager's control over fixed selling and administrative expenses due to their nature as largely fixed and less controllable in the short term. Therefore, Option C is correct.
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The potential financial loss that entrepreneurs are willing to take in a business is called a _____.
At the height of the modern civil rights movement, The New York Times ran a full-page advertisement entitled "Heed Their Rising Voices." The advertisement detailed police efforts in Montgomery, Alabama, to suppress the nonviolent civil rights demonstrations being carried on there by thousands of college students. The police commissioner of Montgomery, L.B. Sullivan, filed a lawsuit against The New York Times, alleging that he had been libeled by information carried in the advertisement, even though he was never mentioned by name. Should the Court use the actual malice test in this case to determine whether the newspaper libeled the commissioner? Explain. [See: New York Times Co. v. Sullivan, 376 U.S. 254 (U.S. Sup. Ct.).]
In the case of New York Times Co. v. Sullivan, the Court should use the actual malice test to determine whether the newspaper libeled the police commissioner.
The actual malice test requires that the plaintiff prove that the defendant published the defamatory statement with knowledge of its falsity or with reckless disregard for the truth.
In this case, the police commissioner, L.B. Sullivan, alleged that he had been libeled by information carried in the advertisement, even though he was not mentioned by name. The advertisement detailed police efforts in Montgomery to suppress nonviolent civil rights demonstrations.
The Court should apply the actual malice test because it was a public official who filed the lawsuit. The Court recognized that public officials have less protection from defamation in order to promote freedom of speech and press regarding public affairs.
By requiring proof of actual malice, the Court aimed to protect the press's ability to report on matters of public concern without fear of liability.
Therefore, to determine whether the newspaper libeled the commissioner, the Court should consider whether The New York Times published the advertisement with knowledge of its falsity or with reckless disregard for the truth.
This would require an examination of the newspaper's intent and whether they had sufficient evidence or reasons to doubt the accuracy of the information in the advertisement.
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Which parts of your business are not profitable?
Answer:
A non-profit business is a tax-exempt organization formed for religious, charitable, literary, artistic, scientific, or educational purposes. Its shareholders or trustees do not benefit financially. Any money earned must be retained by the organization and used for its own expenses, operations, and programs.
Explanation:
Answer: The activities an organization performs in order to fulfil its CSR responsibilities are not profitable.
Explanation: Every company undertakes certain steps in order to fulfill its CSR (Corporate Social Responsibility). They include donations to NGOs, building safe and healthy work environments for its employees, etc. Even though they don't render any profits to the organization, they prove to be beneficial while making a brand image and brand name. These bring in goodwill for the company.
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Susie and Cara sell stoves at Elliott’s Appliances. Together they sold 180 stoves in January. Susie sold 5 times as many stoves as Cara. How many stoves did each sell?
Answer:
Sara sold 30 stoves and Susie sold 150 stoves.
Explanation:
5x + x = 180
6x = 180
6x ÷ 6 = 180 ÷ 6
x = 30 (stoves ) - Cara sold.
30 × 5 = 150 (stoves ) - Susie sold.
Question 10 (5 points)
Two prescreening tools for job candidates are the resume and the
employment essay.
advertisement.
application.
letter of recommendation.
The correct answer is C. Application
Explanation:
When employers pre-screen job candidates they verify basic information about candidates such as background, education, skills, experience, etc. to determine if a candidate is suitable for a job and he/she should be interviewed or continue in the process of selection for the job.
In this context, the two main tools used by employers are the resume and the job application. These two documents provide information about the candidate's education, experience, skill, and similar but in the case of the application the information es concise and very specific, while resumes are more detailed and the candidate can include as much information as she/he wants. Thus, the two prescreening tools for job candidates are the resume and the application.
Answer: Application
Explanation: I just took the test
Hope this helps.
What do insurance companies pay to compensate consumers after a loss? copayments deductibles payouts premiums
Answer:
C. payouts
Explanation:
i took the test
In general, how would you describe the U.S. Economy to someone else?
The U.S. is a mixed economy, exhibiting characteristics of both capitalism and socialism. Such a mixed economy embraces economic freedom when it comes to capital use, but it also allows for government intervention for the public good.
how can we build up strong analytical skill discuss
Answer:
hope help you
Explanation:
Here are several ways you can improve your analytical skills:
Read more. An important part of being analytical involves being alert and remaining stimulated. ...
Build your mathematical skills. ...
Play brain games. ...
Learn something new. ...
Be more observant. ...
Join a debate club. ...
Take an exercise class. ...
Keep a journal.
Premium, Inc. produced 1,000 units of the company's product in 2024 . The standard quantity of direct materials was three yards of cloth per unit at a standard cost of $1.05 per yard. The accounting records showed that 2,400 yards of cloth were used and the company paid $1.10 per yard. Standard time was two direct labor hours per unit at a standard rate of $12.50 per direct labor hour. Employees worked 1,900 hours and were paid $11.00 per hour. Read the requirements. Requirement 1. What are the benefits of setting cost standards?
$105.92 is the total cost per unit, including selling and administrative costs.
Unit revenue: $235
Total income: $235 multiplied by 24,000 units equals $5,640,000
The total cost of the items sold was $2,421,120 ($100.92 x 24,000 units).
Gross income: $5,640,000 minus $2,421,120 equals $3,218,880.
Lessening selling and overhead costs: $5 times 24,000 units is $120,000.
$3,218,880 in net income less $120,000 equals $3,098,880.
So, using absorption costing, the income statement for Rey Company looks like this:
Income Statement (Absorption Costing) for REY COMPANY
Profit: $5,640,000
Selling price per unit: $2,421,120
Total revenue: $3,218,880
Lessening selling and management costs: $120,000
Profit: $3,098,880
Second, cost standards aid in raising productivity and performance. Organisations create standards that serve as goals that inspire workers to work towards reaching them. Standards can also be useful in identifying production process inefficiencies that can be fixed to increase productivity and lower costs.
Thirdly, performance can be assessed and rewarded using cost standards. Organisations can identify people or departments that perform well and those that need improvement by comparing actual expenses to the standards. Employees and departments that uphold the standards can receive rewards, and those who don't can receive training or reprimands.
In conclusion, establishing cost standards is an essential tool for organisations to manage and control expenses, boost productivity, and assess and reward employee performance.
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what is marketing
please answer if u know,i will mark brainiest
Answer:
Marketing refers to activities a company undertakes to promote the buying or selling of a product or service. Marketing includes advertising, selling, and delivering products to consumers or other businesses. Some marketing is done by affiliates on behalf of a company.
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Your building plan for your restaurant includes 4 bathrooms - 2 women’s and 2 men’s. The city inspector informs you , that you must have at least 400 square feet per bathroom. If your building is a total of 8,000 square feet, how many square feet are left for the development of other , non bathroom areas?
A) 4,000 square feet
B) 4,800 square feet
C) 6,400 square feet
D) 8,000 square feet
Answer:
C) 6,400 square feet
Explanation:
Each bathroom requires at least 400 square feet. There are four bathrooms.
In total, the four bathrooms will need 400 square feet multiplied by four.
= 400 square feet x 4
=1600 square feet
The space left for other developments
=total space - bathroom space
=8000 square feet - 1600 square feet
=6400 square feet
When a site is unsafe, it means a. Your personal information may be used in ways you do not want c. Permission to use that site at school is always allowed b. That site is okay to visit often d. All of the above Please select the best answer from the choices provided A B C D
Answer:A, Your personal information may be used in ways you do not want
Explanation:
If it is a unsafe site than there for your personal information can go places you do not want them to.
When a site is unsafe, it means your personal information may be used in ways you do not want. Thus, option 'A' is the correct option.
What does it mean when a website is unsafe?External connections to websites with phishing, malware, or unwanted software are known as unsafe domains. Phishing is when a website imitates another one in an effort to fool visitors into divulging personal or financial information. When you visit an insecure website, you run the risk of having your personal information compromised and/or having malicious malware installed on your system.
Additionally, you can fall prey to a phishing attack, or someone else might watch your activity or use your resources for their own gain. If the content you're seeking to view is harmful or misleading, a warning will appear. These websites are frequently referred to as phishing or virus sites. If you clicked on a phishing link, the first thing you should do is immediately unplug your device from the internet.
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The pull model is also called ________ which means the production process begins with a ________.
The pull model is also called Make-to-order which means the production process begins with a customer order
What is customer order ?An order is an expressed intention in business or commerce, either oral or written, to engage in a commercial transaction for certain products or services. A purchase order, from the perspective of a buyer, expresses the intent to acquire.
An order is an expressed intention in business or commerce, either oral or written, to engage in a commercial transaction for certain products or services. A purchase order, from the perspective of a buyer, expresses the intent to acquire.
When orders are processed, prepared, and sent, they enter the customer order cycle. In the retail industry, the consumer frequently selects his order from the shop inventory (shelves), which symbolizes the point of ultimate demand.
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Blue Sky Laws require registration of all of the following EXCEPT: A exempt issues B non-exempt issues C broker-dealers D sales representatives
According to the state laws, all the above except issues that are exempt must be registered. Hence, option A is the correct answer.
What are Blue Sky Laws?Blue Sky State Laws refers to laws that are enacted to combat fraud, and which require that issuers of securities must be registered.
Blue Sky Laws also required issuers of securities to disclose details of their offerings.
Hence the correction option is A.
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which is better Financial manager or accountant?
Answer:
Financial manager is better
Explanation:
A financial manager is a position that is higher than an accountant, even when many financial managers are accountants themselves.
Usually, financial managers are in charge of the finances of a whole department of an organization, while accountants (the job position, not the profession) usually have less responsability.
For these reasons, financial managers tend to earn more, and face more challeging professional work.
What is an organisation chart
Answer:
An organizational chart is a diagram that visually conveys a company's internal structure by detailing the roles, responsibilities, and relationships between individuals within an entity.
Explanation:
International law does not permit host countries to give tax breaks to foreign
companies.
True or false ?
Tax incentives for foreign corporations are not permitted under international law. This is not true.
What is international law?International law is a body of laws, norms, and standards that are commonly accepted as binding between states. It sets normative norms as well as a shared conceptual framework for governments in a variety of disciplines, including military, diplomacy, economic interactions, and human rights.
Scholars differentiate international legal institutions based on their responsibilities (the degree to which states are obliged by the rules), precision (the degree to which the laws are unequivocal), and delegation (the degree to which third parties can interpret, implement, and make rules).
International law is derived from international customs, treaties, and broad legal principles acknowledged by most national legal systems.
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Which of the following is an example of nonverbal communication?
shaking hands to greet a supervisor
writing an email to a coworker
talking on the telephone to a customer
listening to a presentation at a meeting
ILL GIVE BRAINLEST IF UR ANWSER IT RIGHT .....
Answer:
Option: writing an email to a coworker
Explanation:
Writing an email to a coworker is an example of nonverbal communication because there is no communication between people by speaking or listening. Writing an email to a coworker is a way of communicating with a person without listening to others converse or engage in one to one talk in person.
Answer:
B
Explanation:
An automotive company tests the driving capabilities of its self-driving car prototype. They carry out the tests on various types of roadways- specifically, a race track, trail track, and dirt road. The researchers only test the pro totype during the daytime. They collect two types of data: sensor data from the car during the drives and video of the drives cameras on the car. They review the data after the initial tests. The results illustrate that the new self-driving car meets the performance standards across each of the roadways, As a result, the car can progress to the next phase of testing, which will include driving in various weather conditions. Reflection
Consider this scenario: What are the examples of fair or unfair practices? How could a data analyst correct the unfair practices?
Any company activity or action that is dishonest, fraudulent, or harms consumers is considered an unfair commercial practice. Acts that are seen as illegal, such as those that disobey consumer protection laws, might be included in these practices.
UNFAIR TRADE PRACTICES:
Fraudulent free gift or prize offers, non-compliance with production standards, false advertising, and deceptive pricing are just a few instances of unfair commrecial practices.FAIR TRADE PRACTICES:
According to the Rules of Fair Practice, American broker-dealers must be loyal to and treat consumers fairly. The Rules of Fair Practice include specific instructions on how brokers should uphold FINRA's objective, which is to safeguard investors and uphold the market's integrity. They were created by the National Association of Securities Dealers and are currently overseen by that organization. The whole range of legal obligations as outlined by securities laws are in addition to the Rules of Fair Practice, which establish and promote ethical standards.
What is data analytics:Data analytics is the process of examining data sets to spot trends and draw conclusions about the information they contain (DA). Data analytics is the study of analysing unprocessed data to make conclusions about such data.
Data analytics are needed to comprehend trends or patterns from the vast volumes of information being acquired. It helps businesses optimize their performance.
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When a market price allocates a scarce resource, the people who get the resource are those who are willing and able to pay the market price. People who don't value the resource as highly as the market price leave it for others to buy and use.
-Most of the scarce resources that you supply get allocated by market price. (ex: you sell your labor services in a market, and you buy most of what you consume in markets)
-2 kinds of people that decide not to pay the market price: those who can afford but choose not to buy, and those who are too poor and can't afford to pay
It is correct to say that when a market price allocates a scarce resource, the people who get the resource are those who are willing and able to pay the market price.
What happens when there is a scarcity in the market?A scarcity situation occurs when there is a lack of a good or service in the market, which causes a decrease in the supply of that product, generating an increase in its prices.
In a situation of scarcity of a given product, consumers will only consume if they have the financial conditions to deal with the increase in prices, and consumers who do not have such purchasing power will look for substitutes or similar products.
Therefore, for the economy of a place, it is ideal to reach a position of balance between supply and demand for goods and services, generating a balance in the availability and prices of items.
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you have told the supplier that you need to prepare fried chicken. you have said you want sanderson farms brand and that you want a grade a fryer. of the following, which is the most critical piece of information to also include? (hint: consider what the class of bird (fryer) already tells you).
You've informed the supplier that you need chicken for fried chicken and that you need it. You've stated that you want a Grade A fryer and the Sanderson Farms brand.
What do the chickens at Sanderson Farms eat?Most of the corn and soybean meal in chicken feed is balanced with additional vitamins and nutrients. The nutritionists on staff at Sanderson Farms make sure the food of their hens provides all the nutrients required to raise healthy, premium fowl.All poultry in grade C is used by food manufacturers rather than being sold to customers. The U.S. inspector grades poultry based on three quality-grading criteria: conformation, fleshing, and fat covering.All Sanderson Farms chicken products are proudly made in the United States, with no chicken ever coming from elsewhere, as stated on the labels of our goods.W. Stephen Damron claims that poultry encompasses a wide range of domestic birds of various kinds, whether they are alive or dressed.To learn more about Sanderson Farms refer to
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Consumers have certain rights that do NOT carry corresponding responsibilities.
Please select the best answer from the choices provided
T
F
Answer:
Explanation:Consumers have certain rights that do NOT carry corresponding responsibilities....(false is the answer)50 points + brainly
Advancing technology has made life easier for people and businesses today. Imagine that you have to work for an entire day without being connected to the Internet. Discuss the challenges you and your business would face in such a situation.
Answer:
Probably Bad.
Explanation:
It would be very hard to do..pretty much anything without the internet. I cant search up anything that might help me with something.
The challenges may be faced
As we are appointed with using internet if we get disconnected from it we feel uncomfortable.The work we do won't get the perfection without internet.Our mind remains diverted towards internet.We will lost our concentrationwhy is 10 cents earned far more valuable than a dollar found. Critical thinking.
How Social Media can Destroy Your Finances
Answer:
You buy unnecessary items that have no purpose later on, or you buy an over expensive item that you cant seem to pay back later on in other circumstances
Fine properties, inc. , negotiates with general maintenance corporation to include a liquidated damages clause in their contract. To be enforceable, at the time of the contract, an estimate of the damages from a breach must be.
To be enforceable, an estimate of the damages from a breach must be difficult.
Liquidated damages clauseA liquidated damages clause establishes a predetermined quantity of money that must be paid as damages for disappointment to act under a contract. The liquidated damages is to be the parties' best estimate of the damages that will be caused by a breach at the time they sign the contract.
A liquidated damages clause iis unenforceable in 2 circumstances:
(1) if the damages streaming from a breach of the contract were ascertainable at the time of implementation;
or
(2) if the damages fixed were conspicuously undue to the potential losses.
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