CA
Chinedu Ajuruchi
Answers (6)
CA
Answered
An inefficient allocation of resources will occur when:
A) decision makers are faced with the full costs and benefits of their actions.
B) there are clearly defined property rights.
C) no alternative would increase the welfare of society.
D) decision makers are not faced with the full benefits and costs of their choices.
A) decision makers are faced with the full costs and benefits of their actions.
B) there are clearly defined property rights.
C) no alternative would increase the welfare of society.
D) decision makers are not faced with the full benefits and costs of their choices.
On Jul 03, 2024
D
CA
Answered
Describe the Law of unintended consequences and explain why this is relevant to managers.
On Jul 02, 2024
The law of unintended consequences states that you cannot always predict the results of purposeful action. Although unintended consequences can sometimes be good, often times negative ones occur that add to a problem or create new problems. When managers make quick decisions with little or no thought to the full range of consequences of their decisions they may end up with unintended consequences. To avoid this it is important to balance the need for quick decisions with taking the time to consider the impact the decision will have on stakeholders, the environment, and the company at large. Today's world is too complex to totally avoid unintended consequences, however, managers should make an effort to minimize them.
CA
Answered
What is the ultimate goal of recruiting?
A) Fill positions regardless of qualification
B) Bring in low-wage employees who will mesh well with the company's culture
C) Retain high diversification levels.
D) Generate a pool of qualified applicants for new and existing jobs
E) Hire candidates away from competitors
A) Fill positions regardless of qualification
B) Bring in low-wage employees who will mesh well with the company's culture
C) Retain high diversification levels.
D) Generate a pool of qualified applicants for new and existing jobs
E) Hire candidates away from competitors
On Jun 03, 2024
D
CA
Answered
Which of the following is not a safety-issue clause that could be included in a collective bargaining agreement (CBA) ?
A) management's duty to provide safe work conditions
B) allowing employees to refuse hazardous work s
C) providing protective clothing
D) forming health and safety teams that make inspections and examine records
E) all of the above are clauses that could be included in a CBA
A) management's duty to provide safe work conditions
B) allowing employees to refuse hazardous work s
C) providing protective clothing
D) forming health and safety teams that make inspections and examine records
E) all of the above are clauses that could be included in a CBA
On Jun 01, 2024
E
CA
Answered
Information for Nichols Manufacturing Company for the month of May is as follows:Beginning work in process:Cost of inventory at process, May 1$5,010Units, 800Direct materials, 100% completeConversion costs, 70% complete?Units started in May, 14,000Costs charged to Work in Process during May:Ending work in process inventory:Direct materials costs, $57,400Units, 1,500Direct labor costs, $20,049Direct materials, 100% completeFactory overhead costs, $30,073Conversion costs, 30% complete?Prepare a cost of production report for the month of May, using the FIFO method.
On May 03, 2024
?Nichols Manufacturing CompanyCost of Production ReportFor the Month Ended May 31Equivalent Units?? 
(a) 240 × $3.80
(b) 12,500 × $4.10
(c) 12,500 × $3.80
(d) 1,500 × $4.10
(e) 450 × $3.80
(a) 240 × $3.80(b) 12,500 × $4.10
(c) 12,500 × $3.80
(d) 1,500 × $4.10
(e) 450 × $3.80
CA
Answered
Operating activities result from the cash effects of producing and delivering goods and services.
On May 02, 2024
True