Dimitry formats his memo so the four heading elements are positioned to the left of the page. This is an example of the design principle of alignment
The principle called alignment in designing refers to the way the elements are arranged relative to each other and to the page. There are different kinds of alignments used such as edge alignment,center, horizontal, vertical alignment and mixed alignment.
In the example given, Dimitry is formatting the memo in which the heading elements are positioned to the left of the page. Hence the design principle used by Dimitry will be the principle of alignment. This helps in creating a balance of elements and helpful of readers.
Answer:
To create a new blank document:
Click the Microsoft Office button.
Select New. The New Document dialog box appears.
Select Blank document under the Blank and recent section. It will be highlighted by default.
Click Create. A new blank document appears in the Word window.
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Answer:
Given that,
Beginning capital of Coburn = $55,000
Beginning capital of Webb = $95,000
Partnership earned net income = $71,000
Coburn made drawings = $17,000
Webb made drawings = $25,000
Income-sharing ratio = 30:70
Coburn's share in profits = Net income earned × 30%
= $71,000 × 0.3
= $21,300
Webb's share in profits = Net income earned × 30%
= $71,000 × 0.7
= $49,700
Therefore, the journal entry is as follows:
Profit and loss A/c Dr. $71,000
To Coburn's capital A/c $21,300
To Webb's capital A/c $49,700
(To record the allocation of net income)
Section 302 of Sarbanes-Oxley requires the CEO and CFO to review all financial reports and sign the reports.
One of the three questions put forth by the Institute of Business Ethics is "Do I mind others knowing what I have done?"
Ethical issues may be faced on a small scale, such as making a business decision to produce excess inventory for the sole purpose of trying to influence managers’ bonuses.
A manager who spends excess budgeted funds remaining at the end of a fiscal year on unnecessary expenditures thinking that it is better to "use it than lose it" is acting ethically.
The Foreign Corrupt Practices Act was implemented in 2001 to protect investors by enhancing the accuracy and reliability of corporate financial statements and disclosures.
Answer:
Statement 1, 2 and 3 are correct whereas statement 4 and 5 are false statements.
Explanation:
Statement 1 is correct because Section 302 of Sarbanes-Oxley states that the principal executive and the CFO must review the report and sign it as well to certify that these reports are accurate.
Statement 2 is correct because it is one of the 3 questions put forth by the Institute of Business Ethics.
Statement 3 is correct because ethical issues can be faced on smaller scale. It can be faced while purchasing from small stores where they we can easily manipulate the facts.
Statement 4 is false because a manager who is manipulating facts is not acting ethically.
Statement 5 is also incorrect because Foreign Corrupt Practices Act was enacted to restrain people and entities to bribe government officials of other countries for assistance in obtaining or restraining business.
Section 302 of Sarbanes-Oxley requires CEO and CFO to review and sign financial reports. Institute of Business Ethics question is about others knowing what one has done. Ethical issues can be faced on a small scale like influencing bonuses. Manager spending excess funds is not ethical. Foreign Corrupt Practices Act protects investors.
Section 302 of Sarbanes-Oxley requires the CEO and CFO to review all financial reports and sign the reports. (True)
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Answer:
Selection of Concept with its Best Description:
Concept Best Description
4. Total quality management Focuses on quality throughout the
production process
3. Customer orientation Flexible product designs can be modified
to accommodate customer choices.
2. Continuous improvements Every manager and employee constantly
looks for ways to improve company
operations.
5. Triple bottom line Reports on financial, social, and
environmental performance.
1. Just-in-time manufacturing Inventory is acquired or produced only
as needed.
Explanation:
1. Just-in-time manufacturing reduces manufacturing flow times and suppliers' and customers' response times. The purpose is to reduce waste and continuously improve operations.
2. Continuous improvement is a business approach that focuses on incremental or breakthrough improvement of processes, services, or products.
3. Customer orientation: An organization that has customer orientation focuses on the customer first and tries to satisfy the customer before meeting its own needs.
4. Total quality management: This is a management strategy whereby all members of the organization improve customer services, processes, products, and organizational culture in order to achieve long-term success.
5. Triple bottom line (TBL): To create greater business value, some organizations adopt the TBL performance evaluation framework, with a focus on social, environmental (or ecological) and financial performance.
Red Cross WIC
Food packages 300 or 0 200 or 0
First-aid kits 0 50 0 20
NYC homeless shelters need a total of 20 first-aid kits per week. Currently, they get 10 kits from the Red Cross and 10 kits from WIC. With their remaining resources, how many food packages can each organization provide to NYC homeless shelters?
Answer:
The correct answer is C) Portfolio Variance rises.
Explanation:
The association between two assets reflects the degree to which both assets are related. As the correlation between two assets decreases, the variation in portfolios increases.
Investment portfolios can be protected with the creative use of Correlation Diversification.
The less correlated assets are, the less risky an investment portfolio is.
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