A goal is a specific commitment to achieve a measurable result within a stated period of time. A) True
B) False

Answers

Answer 1
Answer:

Answer:

The correct answer is letter "A": True.

Explanation:

Goals represent the objectives companies set that must be achieved within a specified period of time. Goals represent what firms want to achieve and where they want to be positioned in the market. Goals have the characteristic of being measurable, which means entities can monitor the progress of the path of reaching a goal and observable, which implies they are realizable.

Answer 2
Answer:

Final answer:

The statement is true. A 'goal' represents a commitment to a specific, measurable outcome to be achieved within a defined time frame; this concept is often referred to as SMART goals.

Explanation:

The statement 'A goal is a specific commitment to achieve a measurable result within a stated period of time' is indeed true. Also known as SMART goals, this concept is frequently used in business and personal development contexts. The SMART acronym stands for Specific, Measurable, Achievable, Relevant, and Time-based, which succinctly sums up the essential elements of an effective goal. For example, a student might set a goal to 'Achieve an A grade in history this semester,' which is specific, measurable, presumably achievable, relevant to their academic success, and time-bound by the length of the semester.

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If the master budget prepared at a volume level of 10,000 units includes direct materials of $40,000, a flexible budget based on a volume of 12,000 units would include direct materials of $48,000.a. True
b. False

Answers

The answer would be true if you really think about it because if 10,000 units is $40,000 then 12,000 units would estimate up to about $48,000

​Which of the following statements is most accurate? Group of answer choices ​Multimedia presentations are no longer used in the business world. Low-tech visual aids are not appropriate for the business world. ​Today's speakers rely exclusively on the use of multimedia slides in their presentations because they know that multimedia slides have no disadvantages. ​Effective speakers analyze their audience and the speaking occasion to help them determine what type of visual aid to use.

Answers

Answer:

The Correct Statement is the Second Statement. Effective speaker look consider the nature and the needs of audience and then decide the type of visual aid.

Explanation:

Multimedia slides are extremely useful, and often helps in various ways to deliver your message. There is no doubt in it.

However, you can't say multimedia slides are the "one best way" to present.

In certain cases, depending on the audience, you might not need and multimedia slide at all!

Maybe you'll just have to use your body language, act out a drama or even sing a song to convey the message to the audience.

And apart from that, it the times of technical failures, where you cannot use the computer or any electrical devices, you'll have to use traditional methods too.

Moreover, if the audience is not "tech-savvy" and are more of a traditional nature, then traditional or pen and paper based methods might just work out!

Answer:

Effective speaker look consider the nature and the needs of audience and then decide the type of visual aid.

i did this on ede 2020

In-process research and development acquired in a business combination is Select one: A. credited to the Equity Investment account. B. recorded as indefinite-lived intangible assets, subject to amortization. C. expensed, consistent with the accounting treatment of a firm's own R & D expenditures. D. recorded as an indefinite-lived intangible asset, and annually tested for impairment.

Answers

Answer:

D. recorded as an indefinite-lived intangible asset, and annually tested for impairment.

Explanation:

In-process research and development acquired in a business combination is recorded as an indefinite-lived intangible asset, and annually tested for impairment.

In-process research and development costs are essential part of the financial income statement, it assist investors to make good, well-informed and tangible investment decisions in a newly acquired company.

D. Recorded as an indefinite-lived intangible asset, and annually tested for impairment, consistent with accounting standards for intangible assets.

In-process research and development (IPR&D) acquired in a business combination is accounted for as follows:

D. Recorded as an indefinite-lived intangible asset, and annually tested for impairment.

Here's why:

1. Indefinite-Lived Intangible Asset: IPR&D represents the value associated with ongoing research and development projects that have not yet reached the point of commercialization or technological feasibility. It is recognized as an indefinite-lived intangible asset because its future benefits are not constrained by a specific time period. This is in contrast to definite-lived intangible assets, which have a finite useful life and are subject to amortization.

2. Annual Impairment Testing: While IPR&D is initially recognized as an indefinite-lived asset, it is subject to annual impairment testing. This means that, at least annually, the company must assess whether there has been any impairment in the value of the IPR&D asset. If there is an indication that the asset's value has decreased (e.g., the research project is no longer viable or promising), an impairment charge is recorded to reduce the asset's carrying value to its recoverable amount.

3. Consistency with Accounting Standards: The accounting treatment of IPR&D acquired in a business combination is consistent with international accounting standards (e.g., IFRS) and generally accepted accounting principles (GAAP) in many jurisdictions. It reflects the economic reality that IPR&D represents valuable intellectual property that can contribute to the company's future profitability once successfully developed.

In summary, IPR&D acquired in a business combination is initially recognized as an indefinite-lived intangible asset, and it is subject to annual impairment testing to ensure its carrying value accurately reflects its recoverable amount based on its expected future benefits. This accounting treatment aligns with the treatment of other intangible assets and financial reporting standards.

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Markson Company had the following results of operations for the past year: Sales (8,000 units at $20) $ 160,000 Variable manufacturing costs $ 86,000 Fixed manufacturing costs 15,000 Variable administrative expenses 12,000 Fixed selling and administrative expenses 20,000 (133,000 ) Operating income $ 27,000 A foreign company offers to buy 2,000 units at $14 per unit. In addition to variable manufacturing and administrative costs, selling these units would increase fixed overhead by $1,600 for the purchase of special tools. Markson’s annual productive capacity is 12,000 units. If Markson accepts this additional business, its profits will:

Answers

Answer:

Increase in profit   $ 1900

Explanation:

To determine the additional profit from the special order, we would consider only the costs and revenue relevant to the special order decision:

Unit relevant cost = Total variable cost/Units produced

Total variable costs = 86,000 + 12,000 =$98000

Unit relevant cost = 98,000/8,000 = $12.25

Note that fixed costs are irrelevant, whether or not the special order is accepted the fixed manufacturing and administrative expenses would be incurred. Hence, they are excluded from the computation.

                                                                                                         $

Revenue from the special order ( $14× 2,000)  =                        28,000

Relevant costs of special order ( $12.25× 2,000)                    (24,500)

Cost of special tools                                                                     (1,600)

Increase in profit                                                                              1900

One of Tony Hsieh’s most important roles now is to act as a cultural leader for Zappos. Using your knowledge of cultural leaders, which of the following would be the best ways for Hsieh to guide the culture at Zappos in light of the switch to Holacracy?

Answers

Answer:

A and B

A. Acknowledge that Holacracy will be an experiment in that Zappos may move back to the traditional hierarchy

B. Communicate directly to employees about the changes and expectations.

Explanation:

The question is not complete, please refer the complete question below

One of Tony Hsieh's most important roles now is to act as a cultural leader for Zappos. Which of the following would be the best ways for Hsieh to guide the culture at Zappos in light of the switch to Holacracy?

A. Acknowledge that Holacracy will be an experiment in that Zappos may move back to the traditional hierarchy

B. Communicate directly to employees about the changes and expectations.

C. Relinquish his title as CEO in response to the change to a boss-less organization.

D. Listen to employees concerns and be willing to change some aspects of Holacracy.

Girls between the ages of 8 and 15 are one of the growing markets for high-end shoe manufacturers, and podiatrists say the trend is leading to many stylish young girls with grown-up foot problems. To many parents and podiatrists, shoe manufacturers who develop and market adult-styled shoes to this group are not operating at a(n) _____ responsibility level.

Answers

Answer:

Shoe manufacturers are not operating at an corporate social responsibility level.

Explanation:

Corporate social responsibility is that kind of business model which is self regulating in the nature. This is also know as corporate citizenship , according to this model company's try to operate their business in such ways that do no harm to the environment or negatively affect the society but here the motto of the company's are to enhance the society, environment , and the customer satisfaction. Company's working on this approach try to be accountable for their actions towards the consumer and society . In this question shoe manufacturers are not operating at an corporate social responsibility level.

Answer: Ethical

Explanation: The shoe manufacturers who develop and market adult-styled shoes to this group are not operating at an ethical responsibility level of the pyramid of corporate social responsibility. The ethical aspect deals with going to great extents across legal requirements to meet the expectations of society. Social responsibility is the duty of business to do no harm to society. In other words, in their daily operations, the shoe makers were not concerned about the welfare of their customers and were not mindful of how their actions affected them later on. Therefore, they weren't operating at an ethical level.

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