TG
Trinity Godina
Answers (7)
TG
Answered
The difference between economic profit and accounting profit is that economic profit is calculated based on both implicit and explicit costs whereas accounting profit is calculated based on explicit costs only.
On Aug 04, 2024
True
TG
Answered
The Security Market Line (SML) relates risk to return, for a given set of market conditions. If the risk-free rate increases, which of the following would most likely occur?
A) The market risk premium would increase.
B) Beta would increase.
C) The slope of the SML would increase.
D) The SML line would shift up.
A) The market risk premium would increase.
B) Beta would increase.
C) The slope of the SML would increase.
D) The SML line would shift up.
On Jul 08, 2024
D
TG
Answered
What does the Electronic Communications Privacy Act (ECPA) do in regards to employee privacy rights in the workplace with electronic monitoring of emails, phones and voicemail?
On Jul 05, 2024
The key question is whether the employee had a reasonable expectation of privacy with respect to the communication in question. The ECPA protects individuals' communications against government surveillance conducted without a court order, from third parties without legitimate authorization to access the messages, and from carriers such as Internet service providers. It provides employees little privacy protection with respect to communications conducted on the employer's equipment.
TG
Answered
Identify a true statement about nonverbal communication.
A) Nonverbal communication does not supplement oral forms.
B) Nonverbal communication does not provide any additional information.
C) All nonverbal codes are interpreted in the same way across different cultures.
D) Some nonverbal codes are sent intentionally, and others unintentionally.
A) Nonverbal communication does not supplement oral forms.
B) Nonverbal communication does not provide any additional information.
C) All nonverbal codes are interpreted in the same way across different cultures.
D) Some nonverbal codes are sent intentionally, and others unintentionally.
On Jun 08, 2024
D
TG
Answered
In conducting a SWOT analysis, the presence of manufacturing efficiencies, a skilled workforce, a good market share, strong financing, and a superior reputation would be identified as a company's ___.
A) strategies
B) strengths
C) weakness
D) opportunities
E) threats
A) strategies
B) strengths
C) weakness
D) opportunities
E) threats
On Jun 05, 2024
B
TG
Answered
If one person's use of good x diminishes other people's use of it, then good x is one of two types of goods. What are those two types?
On May 09, 2024
As described, good x is rival in consumption, so it must be either a private good or a common resource.
TG
Answered
Kartman Corporation makes a product with the following standard costs: 
In June the company's budgeted production was 3,400 units but the actual production was 3,500 units. The company used 22,150 pounds of the direct material and 2,290 direct labor-hours to produce this output. During the month, the company purchased 25,400 pounds of the direct material at a cost of $170,180. The actual direct labor cost was $57,021 and the actual variable overhead cost was $8,931.The company applies variable overhead on the basis of direct labor-hours. The direct materials purchases variance is computed when the materials are purchased.The labor efficiency variance for June is:
A) $4,560 Favorable
B) $4,560 Unfavorable
C) $4,731 Unfavorable
D) $4,731 Favorable
In June the company's budgeted production was 3,400 units but the actual production was 3,500 units. The company used 22,150 pounds of the direct material and 2,290 direct labor-hours to produce this output. During the month, the company purchased 25,400 pounds of the direct material at a cost of $170,180. The actual direct labor cost was $57,021 and the actual variable overhead cost was $8,931.The company applies variable overhead on the basis of direct labor-hours. The direct materials purchases variance is computed when the materials are purchased.The labor efficiency variance for June is:A) $4,560 Favorable
B) $4,560 Unfavorable
C) $4,731 Unfavorable
D) $4,731 Favorable
On May 06, 2024
B