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Scott Drake
Answers (6)
SD
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To check the benefits of a change means to
A) make sure the people involved see a clear advantage in making the change.
B) see nothing of the change until it is too late to react.
C) make sure the change is as far away from the existing values of the organization as possible.
D) measure the increase in profits of the change.
E) to include a reason to celebrate.
A) make sure the people involved see a clear advantage in making the change.
B) see nothing of the change until it is too late to react.
C) make sure the change is as far away from the existing values of the organization as possible.
D) measure the increase in profits of the change.
E) to include a reason to celebrate.
On Jul 27, 2024
A
SD
Answered
The direct materials section of a job cost sheet shows the materials costs assigned to a specific job,but the direct labor section only shows the total hours of labor allocated to the job.
On Jul 26, 2024
False
SD
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Amortization is the allocation process of writing off bond premiums and discounts to interest expense over the life of the bond issue.
On Jun 27, 2024
True
SD
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Machado Construction is considering two options for its supplier portfolio. Option 1 uses two local suppliers. Each has a "unique-event" risk of 8%, and the probability of a "super-even" that would disable both at the same time is estimated to be 2.5%. Option 2 uses two suppliers located in different countries. Each has a "unique-event" risk of 18%, and the probability of a "super-event" that would disable both at the same time is estimated to be 1.2%.
(a) What is the probability that both suppliers will be disrupted using option 1?
(b) What is the probability that both suppliers will be disrupted using option 2?
(c) Which option would provide the lowest risk of a total shutdown?
(a) What is the probability that both suppliers will be disrupted using option 1?
(b) What is the probability that both suppliers will be disrupted using option 2?
(c) Which option would provide the lowest risk of a total shutdown?
On Jun 26, 2024
(a) S = 0.025; U = 0.08
From (S11 - 1), P(2) = 0.025 + (1 - 0.025)0.082 = 0.025 + 0.975(0.0064) = 0.03124
(b) S = 0.012; U = 0.18
From (S11 - 1), P(2) = 0.012 + (1 - 0.012)0.182 = 0.012 + 0.988(0.0324) = 0.04401
(c) Since 0.03124 < 0.04401, Option 1 (two local suppliers) carries the lower risk.
From (S11 - 1), P(2) = 0.025 + (1 - 0.025)0.082 = 0.025 + 0.975(0.0064) = 0.03124
(b) S = 0.012; U = 0.18
From (S11 - 1), P(2) = 0.012 + (1 - 0.012)0.182 = 0.012 + 0.988(0.0324) = 0.04401
(c) Since 0.03124 < 0.04401, Option 1 (two local suppliers) carries the lower risk.
SD
Answered
Selfishness and self-interest are identical concepts in economics.
On May 28, 2024
False
SD
Answered
A composition agreement is a contract between creditors and a debtor in which the creditors agree to accept a lesser amount to satisfy the debts and discharge the remaining debt.
On May 27, 2024
True