JP
Jessica Paris
Answers (7)
JP
Answered
Describe three inventory cost flow assumptions and how they impact the financial statements.
On Jul 27, 2024
1. Cost flow is in the order in which costs were incurred or first-in, first-out (FIFO). The first units purchased are assumed sold, so the oldest costs flow to the income statement and the cost of the newest purchases are on the balance sheet.
2. Cost flow is in the reverse order in which costs were incurred or last-in, first-out (LIFO). The last units purchased are assumed sold, so the newest costs flow to the income statement and the cost of the oldest purchases are on the balance sheet.
3. Cost flow is an average of the costs. Under the average cost method, all units are assigned the same average cost for the period.
2. Cost flow is in the reverse order in which costs were incurred or last-in, first-out (LIFO). The last units purchased are assumed sold, so the newest costs flow to the income statement and the cost of the oldest purchases are on the balance sheet.
3. Cost flow is an average of the costs. Under the average cost method, all units are assigned the same average cost for the period.
JP
Answered
In contrast to a team,a working group differs from a team because:
A) the working group members are interdependent.
B) the working team members have collective responsibilities and rewards for their production outcome.
C) the working team members are not interdependent and are not working toward a shared goal.
D) the working team relies on their manager's social network for success.
A) the working group members are interdependent.
B) the working team members have collective responsibilities and rewards for their production outcome.
C) the working team members are not interdependent and are not working toward a shared goal.
D) the working team relies on their manager's social network for success.
On Jun 30, 2024
C
JP
Answered
Which of the following BEST distinguishes the philosophy of the marketing era from the philosophy of the production era?
A) The marketing era was more consumer oriented.
B) The production era occurred after World War II.
C) The marketing era advocated price discrimination.
D) The production era was more consumer oriented.
A) The marketing era was more consumer oriented.
B) The production era occurred after World War II.
C) The marketing era advocated price discrimination.
D) The production era was more consumer oriented.
On Jun 27, 2024
A
JP
Answered
The United Bank of Glassen only lent money to a limited number of big business houses.After a financial crisis,the bank went out of business.Which of the following reasons could have contributed to the collapse of this bank?
A) Their decision not to lend funds to the Federal Reserve
B) Their decision not to diversify their asset portfolio
C) Their decision to extend loans to a diversified pool of borrowers
D) Their decision to extend mainly short-term loans
E) Their decision to unnecessarily scrutinize each borrower's details
A) Their decision not to lend funds to the Federal Reserve
B) Their decision not to diversify their asset portfolio
C) Their decision to extend loans to a diversified pool of borrowers
D) Their decision to extend mainly short-term loans
E) Their decision to unnecessarily scrutinize each borrower's details
On May 31, 2024
B
JP
Answered
Within portfolio analysis, a star represents a high-growth market with high market share products.
On May 28, 2024
True
JP
Answered
Observe a task group meeting. After the meeting, evaluate the effectiveness of the leader. What are the strengths and weaknesses of this individual's leadership style? Did the leader appear to be well-prepared for the meeting? What changes would have helped make the meeting more productive?
On May 01, 2024
After observing the task group meeting, I can evaluate the effectiveness of the leader's performance. The leader demonstrated several strengths in their leadership style, including clear communication, active listening, and the ability to facilitate discussion among group members. They also appeared to be knowledgeable about the task at hand and were able to provide guidance and direction to the group.
However, there were also some weaknesses in the leader's approach. For example, they seemed to dominate the conversation at times and did not give enough opportunity for other group members to contribute their ideas. Additionally, the leader did not effectively manage time, as the meeting ran over the scheduled time limit.
In terms of preparation, the leader did appear to be well-prepared for the meeting. They had an agenda and relevant materials ready, and they were able to keep the discussion focused on the task at hand.
To make the meeting more productive, the leader could benefit from implementing some changes. For example, they could work on actively involving all group members in the discussion and decision-making process. Additionally, they could improve time management by setting clear time limits for each agenda item and sticking to them. Overall, the leader's performance was effective in some aspects but could benefit from improvements in others to make the meetings more productive.
However, there were also some weaknesses in the leader's approach. For example, they seemed to dominate the conversation at times and did not give enough opportunity for other group members to contribute their ideas. Additionally, the leader did not effectively manage time, as the meeting ran over the scheduled time limit.
In terms of preparation, the leader did appear to be well-prepared for the meeting. They had an agenda and relevant materials ready, and they were able to keep the discussion focused on the task at hand.
To make the meeting more productive, the leader could benefit from implementing some changes. For example, they could work on actively involving all group members in the discussion and decision-making process. Additionally, they could improve time management by setting clear time limits for each agenda item and sticking to them. Overall, the leader's performance was effective in some aspects but could benefit from improvements in others to make the meetings more productive.
JP
Answered
Leaders encouraging communication,sharing critical information,and revealing their perceptions and feelings describes the authentic leadership component "reflects trust."
On Apr 28, 2024
True