Business High School
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Answer 1
Firing employees based solely on their status as smokers would not always be illegal under federal law.
If the firing was based on performance validity, such as if the employee's smoking habit was causing them to consistently take smoke breaks during work hours and impacting their productivity, then it could potentially be legal to terminate their employment.
If the employees were not in a union, then the employer would have more flexibility in making personnel decisions, including terminating employees for smoking. However, if the employees were in a union and the union had negotiated protections against discrimination based on smoking status, then firing them for smoking could violate the terms of the union contract.
If the termination violated the National Labor Relations Act (NLRA), then it would be illegal. The NLRA protects employees' rights to engage in concerted activities, such as discussing workplace conditions, with the goal of improving their working conditions. If employees were terminated for smoking and this was viewed as retaliation for engaging in protected concerted activities, then it would be considered a violation of the NLRA.
In general, firing employees solely because they smoke would always be illegal if it violates state or local laws that protect smokers from employment discrimination. However, in states where there are no such protections, it would depend on the specific circ*mstances surrounding the termination.
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Related Questions
Determine whether each of the following topics would more Wkely be studied in microeconomics or macroeconomics. The effect of an increase in the money supply on the rate of inflation The effect of government regulation on a monopolist's production decisions The effect of federal government spending on the national unemployment rate Grade
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Topics related to the behavior of the economy as a whole and its interactions with government policies are studied in macroeconomics, while topics related to the behavior of individuals and firms in decision-making are studied in microeconomics.
Microeconomics and macroeconomics are two branches of economics that focus on different levels of analysis. Microeconomics examines the behavior of individuals and firms in making decisions about the allocation of scarce resources, while macroeconomics analyzes the overall performance of the economy and its interactions with government policies.
The effect of an increase in the money supply on the rate of inflation is a topic that is more likely to be studied in macroeconomics. Macroeconomists study the behavior of the economy as a whole, including the factors that influence inflation, such as changes in the money supply. They examine the relationship between the money supply and inflation, and how government monetary policy can be used to stabilize prices.
The effect of government regulation on a monopolist's production decisions is a topic that would be studied in microeconomics. Monopolies are a market structure where there is only one seller, and they have the power to set prices and quantities of output. Macroeconomists examine how monopolists make production decisions and the effect of government regulation on their behavior.
The effect of federal government spending on the national unemployment rate is a topic that would be studied in macroeconomics. Macroeconomists examine the relationship between government spending and employment, and how changes in government policies can affect the overall level of unemployment in the economy. They analyze the impact of government spending on aggregate demand and how it affects employment in different sectors of the economy.
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____ involves activities that affect either the number or type of people willing to apply for and accept job offers.
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Recruitment involves activities that affect either the number or type of people willing to apply for and accept job offers.
Recruitment is the process of identifying and attracting qualified individuals to fill job vacancies within a business. It is a crucial aspect of any organization's human resources management, as hiring the right people is essential to the success of the business. The recruitment process typically involves advertising job vacancies, screening resumes, interviewing candidates, conducting background checks, and ultimately selecting the best candidate for the job.
Effective recruitment strategies are necessary to ensure that the business attracts and hires the best candidates possible. This can involve utilizing various recruitment channels, such as job boards, social media, and employee referrals, as well as developing a strong employer brand and utilizing effective interviewing techniques.
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in the context of urban systems, basic tenets of central place theory include all of the following except group of answer choices settlements of similar population sizes are grouped together. people will travel farther for more expensive, less frequently purchased goods. the smallest settlements provide goods and services that meet everyday needs. the larger the settlement, the greater the variety of specialized goods and services. the larger the settlement, the farther apart it will be from others of a similar size.
Answers
In the context of urban systems, the basic tenets of central place theory include several principles. However, settlements of similar population sizes being grouped together is not one of them.
The other tenets of the theory state that people will travel farther for more expensive, less frequently purchased goods, the smallest settlements provide goods and services that meet everyday needs, the larger the settlement, the greater the variety of specialized goods and services, and the larger the settlement, the farther apart it will be from others of a similar size.
In the context of urban systems, basic tenets of Central Place Theory include all of the following except "settlements of similar population sizes are grouped together." The theory focuses on the distribution of goods and services rather than grouping settlements by population size. Other tenets are accurate, such as people traveling farther for more expensive goods, smaller settlements meeting everyday needs, larger settlements offering a greater variety of specialized goods and services, and larger settlements being farther apart from others of similar size.
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according to our text, total economic profits of any business in the long run will never be exorbitant (extremely high), as long as there is:
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According to the text, the total economic profits of any business in the long run will never be exorbitant (extremely high), as long as there are no significant barriers to entry. Option a. Significant barriers to entry
In a perfectly competitive market, businesses can earn only normal profits in the long run because new firms can enter the market and compete away any excess profits. This is because there are no barriers to entry, such as high start-up costs or exclusive access to resources, that would prevent new firms from entering the market and competing with existing firms. In the long run, profits will be driven down to a normal level, which is just enough to cover the opportunity cost of the resources used in the business, including the owner's time and capital.
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Complete Question
According to our text, the total economic profits of any business in the long run will never be exorbitant (extremely high), as long as there are:
a. Significant barriers to entry
b. Large economies of scale
c. Monopolistic competition
d. No significant barriers to entry
what primary discriminatory tax must be taken into account in foreign competition? group of answer choices transfer taxes tariffs tolls excise taxes inflation taxes
Answers
In foreign competition, tariffs are the primary discriminatory tax that must be taken into account. Tariffs are taxes imposed on imported goods by a country's government, making them more expensive for consumers in that country to purchase.
Tariffs are usually imposed to protect domestic industries from foreign competition by making it less attractive to import goods from other countries.Tariffs can be specific, which means they are levied based on the quantity of goods imported, or they can be ad valorem, which means they are levied as a percentage of the value of the goods imported. Tariffs can also be used as a tool for a country to generate revenue, as well as to restrict the import of certain goods that are considered to be harmful to the country's economy or security.Tariffs can have a significant impact on foreign competition, as they increase the cost of imported goods, making them less competitive in the domestic market. This can give an advantage to domestic producers who do not have to pay the same tariffs, and therefore can offer their goods at a lower price. However, this can also lead to higher prices for consumers, as the cost of imported goods is passed on to them.
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you have identified relevant controls for several assertions within the revenue cycle, and you must use idea to perform several tests of controls. required: using the information above, complete all of the related steps shown below using idea. after completing each step, answer each question by supplying the required information. (enter your answers exactly as they appear in idea.) match the paid invoice numbers in the purchases data set with the invoice numbers in the cash disbursem*nts data set. a. what is the total dollar amount of paid invoices listed in the purchase data, but not included in the cash disbursem*nts data?
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(A) The total dollar amount of paid invoices listed in the purchase data, but not included in the cash disbursem*nts data is [insert answer from IDEA output].
To match the paid invoice numbers in the purchases data set with the invoice numbers in the cash disbursem*nts data set using IDEA, you can perform the following steps:
1. Import the purchases and cash disbursem*nt data sets into IDEA.
2. Use the Join function in IDEA to match the invoice numbers in the two data sets.
3. Once the data sets are joined, use the Summarize function in IDEA to calculate the total dollar amount of paid invoices listed in the purchase data and included in the cash disbursem*nts data.
4. Use the Extract function in IDEA to create a new data set that only includes paid invoices listed in the purchase data, but not included in the cash disbursem*nts data.
5. Use the Summarize function in IDEA again to calculate the total dollar amount of paid invoices listed in the purchase data, but not included in the cash disbursem*nts data.
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shantelle faces a risk where she has equal chance of either gaining $2,000 or losing $2,000. which of the following statements describes her view of the risk if she is risk averse?
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If Shantelle is risk-averse, she will view the risk of gaining or losing $2,000 as more significant than the potential gain itself.
Risk aversion refers to a preference for a lower level of risk even if it means sacrificing potential returns. In this case, Shantelle's risk aversion will cause her to view the potential loss of $2,000 as more significant than the potential gain of $2,000, even though the two outcomes are equally likely.
As a result, she may seek to mitigate the risk by avoiding the decision altogether or by taking actions to reduce the potential loss, such as buying insurance or diversifying her investments.
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the declaration and payment of a cash dividend ultimately causes a(n) . (check all that apply.)
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The declaration and payment of a cash dividend ultimately causes a decrease in Retained Earnings, a decrease in Cash and a decrease in stockholders equity.
Companies give cash dividends to their shareholders, typically as a result of strong profitability. Companies have the chance to distribute dividends as a way to share in corporate gains. The Board of Directors of a business may declare cash dividends, which are distributed to shareholders on a per-share basis. Dividends are often paid by companies on a regular basis, such as quarterly, semi-annually, or annually.
Normally, investors' brokerage accounts, where their stock holdings are held, will get cash dividend credits. Investors who own shares directly, as opposed to through an investing account, may get physical checks for the amount of dividends they have been entitled to, albeit this is far less typical.
Therefore, option A,B and C are correct answer.
The complete question is, "The declaration and payment of a cash dividend ultimately causes a ____
A. decrease in Retained Earnings
B. a decrease in Cash
C. a decrease in stockholders equity
D. increase in earnings."
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____ by the fed can determine how large a down payment businesses must make on credit purchases of expensive machinery.
Answers
The reserve requirement set by the Fed can determine how large a down payment businesses must make on credit purchases of expensive machinery.
The machinery business refers to the industry involved in the manufacturing and sale of machines and equipment for various purposes, including construction, agriculture, mining, manufacturing, and more. This business encompasses a broad range of products, from heavy-duty industrial machines like cranes, bulldozers, and excavators, to smaller machines like sewing machines, printers, and kitchen appliances.
The machinery business is an essential component of the global economy, as it plays a vital role in facilitating the production and transportation of goods and services. This industry employs millions of people worldwide and generates billions of dollars in revenue each year. The machinery business is highly competitive, with many players vying for market share. Companies in this industry must constantly innovate and develop new technologies to stay ahead of the competition and meet the changing needs of their customers.
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If the internal rate of return is ______.
less than the hurdle rate the project should be rejected
greater than the hurdle rate the project should be rejected
less than the hurdle rate the project is acceptable
greater than the hurdle rate the project is acceptable
Answers
If the internal rate of return is greater than the hurdle rate, then the project is acceptable.
The hurdle rate is the minimum rate of return that a company requires before investing in a project. If the internal rate of return exceeds this rate, it means that the project is generating more cash flow than expected and is thus profitable. The internal rate of return is a measure of the project's profitability and represents the discount rate at which the net present value of the project's cash flows equals zero. A high internal rate of return indicates that the project is generating a significant return on investment, making it an attractive investment opportunity.
To determine if a project is acceptable, we compare its internal rate of return (IRR) to the hurdle rate. If the IRR is greater than the hurdle rate, the project is considered acceptable. The IRR is the discount rate at which the net present value (NPV) of a project's cash flows equals zero, while the hurdle rate represents the minimum rate of return required for an investment to be considered worthwhile. When the IRR exceeds the hurdle rate, it signifies that the project is expected to generate returns higher than the minimum required rate, making it a worthwhile investment.
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Forces of Triangular Arbitrage You obtain the following quotes from different banks. One bank is willing to buy or sell Japanese yen at an exchange rate of 110 yen per dollar. A second bank is willing to buy or sell the Argentine peso at an exchange rate of $.37 per peso. A third bank is willing to exchange Japanese yen at an exchange rate of 1 Argentine peso = 40 yen. a. Show how you can make a profit from triangular arbitrage and what your profit would be if you had $1,000,000. b. As investors engage in triangular arbitrage, explain the effect on each of the exchange rates until triangular arbitrage would no longer be possible.
Answers
A. Direct rate of peso = $.37
Direct rate of yen = 1/110 = .0091
Cross rate pf peso should be 42.857 yen
But the actual peso cross rate is lower than it should be, so obtain yen and convert to pesos, and then convert to dollars.
$1,000,000 × 110 = 110,000,000 yen/40 = 2,750,000 pesos × .37 = $1,072,500.
Profit is $17,500.
B. The value of the yen should rise in relation to the dollar as dollars are converted to yen. The value of the yen should decline in relation to the peso as they are exchanged for one another. The value of the peso should decline in relation to the dollar as pesos are exchanged for dollars.
Triangular arbitrage is the outcome of a disparity between three foreign currencies when the exchange rates of the currencies are not perfectly in line with one another. The traders who take advantage of these opportunities typically possess cutting-edge computer hardware and/or programmes to automate the procedure because these possibilities are uncommon.
Profitable triangle arbitrage is extremely unusual because, when it does, traders will typically make trades that profit from the flaws, causing prices to move up or down until the chance is gone.
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organic structures are conducive to question 7 options: strict and unchanging job descriptions. decreased employee autonomy. maximizing efficiency and minimizing costs. entrepreneurial activity and innovation.
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Organic structures are generally characterized by decentralization, flexibility, and adaptability.
Therefore, they are not conducive to strict and unchanging job descriptions. In an organic organization, job roles tend to be more fluid and dynamic, and employees are expected to take on multiple responsibilities and adapt to changing circ*mstances. This increased flexibility can also lead to greater employee autonomy, as individuals are given more control over their work and decision-making processes. At the same time, organic structures are also focused on maximizing efficiency and minimizing costs, often through the use of cross-functional teams, flexible work arrangements, and streamlined processes. Finally, organic structures can also foster entrepreneurial activity and innovation, as individuals are encouraged to think creatively and take risks in pursuit of new ideas and opportunities. Overall, organic structures offer a more dynamic and adaptable approach to organizational management that can be beneficial for businesses in today's rapidly changing environment.
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How many americans could not find work in 1930? 1931?.
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There were 6 million unemployed Americans in America by 1931, up from the 4 million who were unemployed in 1930. The number of unemployed persons has increased from 1.5 million in October 1929 to over 3.2 million today.
Later estimates from the Bureau of Labour Statistics put the number of unemployed people in 1933 at 12,830,000, or around one-fourth of the nearly 51 million people in the civilian labour force. With around fifteen and a half million unemployed, March set a new record.
In 1930, the unemployment rate reached 8.7 percent, and by 1933, it had reached 24.9 percent. In contrast, figures from the Current Population Survey of the Census Bureau reveal that during the 2007–2009 Great Recession, the unemployment rate reached a peak of 10%.
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a taxpayer purchased a home for $450,000. one year later, the taxpayer's employer relocated the taxpayer to a city 100 miles away. the taxpayer sold the home for $525,000. what amount of gain, if any, will the taxpayer recognize for federal tax purposes?
Answers
The taxpayer may be able to exclude the gain from the sale of their home if they meet certain criteria.
If the taxpayer meets the ownership and use tests, they may be able to exclude up to $250,000 ($500,000 if married filing jointly) of the gain from the sale of their primary residence. The ownership test requires that the taxpayer owned the home for at least two out of the five years prior to the sale, and the use test requires that the taxpayer lived in the home as their primary residence for at least two out of the five years prior to the sale.
Assuming the taxpayer meets these tests, they would not have to recognize any gain for federal tax purposes. However, if they do not meet these tests, they would need to calculate their gain by subtracting their adjusted basis in the home (which includes the purchase price, any improvements, and certain other expenses) from the selling price. The resulting gain would be subject to capital gains tax.
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describe/identify/write out precautions for accepting the following forms of payment: cash, check, credit card and debit card.
Answers
In all cases, it is important to train staff on governing payment acceptance procedures, monitor transactions, and document all payments received for record-keeping purposes.
It is also essential to follow the laws and regulations governing payment acceptance in your location. Precautions for accepting different forms of payment:
Cash:
Verify the authenticity of the currency notes by checking for watermarks, security thread, and other features.Count the cash received in front of the payer to ensure that the amount is correct.Keep the cash secure in a locked box or safe until it is deposited in the bank.Avoid keeping large amounts of cash on hand for security reasons.
Check:
Verify the payer's identity by asking for a government-issued ID.Check that the check is properly filled out with the correct amount, date, and signature.Verify that the payer has sufficient funds to cover the check by contacting the bank and checking for sufficient balance.Avoid accepting post-dated checks as they can bounce if the account holder does not have sufficient funds in their account.
Credit Card:
Verify the identity of the cardholder by asking for a government-issued ID.Check that the credit card is valid and not expired by checking the date on the card.Obtain an authorization code from the credit card issuer to ensure that the payment is authorized.Keep the customer's credit card information secure and confidential to avoid the risk of fraud.
Debit Card:
Verify the identity of the cardholder by asking for a government-issued ID.Check that the debit card is valid and not expired by checking the date on the card.Obtain an authorization code from the debit card issuer to ensure that the payment is authorized.Advise the customer to check their bank account statement to verify that the payment has been processed correctly.
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A company sold inventory for $1.200 that was purchased for $700. The company records which of the following when it sells the inventory using a perpetual inventory system? Multiple Choice No entry is required for cost of goods sold and inventory Debit Cost of Goods Sold $700; credit Inventory $700. be Debit Cost of Goods Sold $1.200; credit Inventory $1,200. Debit inventory $700; credit cost of Goods Sold $700.
Answers
When a company sells inventory using a perpetual inventory system, it records the cost of goods sold and the reduction in inventory at the time of the sale.
Therefore, the correct entry for this transaction is to debit Cost of Goods Sold for $700 (the cost of the inventory sold) and credit Inventory for $700 (the reduction in inventory). Option B correctly reflects this accounting treatment. Option C is incorrect as it records the sales price of $1,200 as the cost of goods sold, which is not accurate. Option D is also incorrect as it records the opposite of what should be recorded - it debits Inventory and credits Cost of Goods Sold, which results in an increase in inventory rather than a reduction. Option A is not correct as it suggests that no entry is required, which is not the case as the sale of inventory affects both cost of goods sold and inventory accounts.
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Your Dad has decided to retire early. As part of his personal financial planning process, he has determined that he needs an investment portfolio that will achieve an 8% total return (his personal benchmark). His investment advisor has suggested the following portfolio: Expected Return %% Weights for Investment Small Cap Stocks 12% 10% Large Cap Stocks 10% 50% Long-Term Bonds 9% 35% Short-Intermediate Bonds 6% 5% a) What is the expected return on this portfolio? b) Is the portfolio appropriate for your Dad's needs? Explain
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The expected return on the portfolio is 9.65%. it's essential to have a comprehensive financial plan and work with a trusted financial advisor to ensure that the portfolio aligns with his goals and risk tolerance.
Expected return = (12% x 10%) + (10% x 50%) + (9% x 35%) + (6% x 5%)
Expected return = 1.2% + 5% + 3.15% + 0.3%
Expected return = 9.65%
Expected return refers to the anticipated return on investment, taking into account the probabilities of different outcomes. It is calculated by multiplying the potential return on an investment by the probability of that return occurring, and then adding up the results for all possible outcomes.
The expected return is an important concept in finance because it helps investors to make informed decisions about where to invest their money. By estimating the expected return of different investment opportunities, investors can compare the potential returns and risks of different assets, and choose the ones that are most likely to provide the highest returns with the least amount of risk.
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which design discipline is characterized by the use of words and pictures to improve visual communication? group of answer choices interactive design graphic design industrial product design motion graphics
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The design discipline that is characterized by the use of words and pictures to improve visual communication is graphic design.
This field involves creating visual content that communicates a message to a target audience. Graphic designers use various elements such as typography, color, images, and layout to create a visual composition that conveys a message effectively. Graphic design can be applied to various mediums, including print, digital, and packaging. One of the main goals of graphic design is to create designs that are visually appealing and easy to understand. This can involve creating designs that are visually engaging, as well as using typography and images to convey a message in a clear and concise way. Additionally, graphic designers must consider the target audience when designing, as different audiences may require different design approaches. Overall, graphic design is an important discipline that plays a significant role in improving visual communication. By using words and pictures to create engaging designs, graphic designers can help individuals and businesses effectively communicate their message to their intended audience.
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what basic functions should an erp system provide to an institution? what are the major problems in erp implementation in industry in general?
Answers
The main answer to your question is that an ERP (Enterprise Resource Planning) system should provide an institution with a range of basic functions, including financial management, supply chain management, human resources management, customer relationship management, and inventory management.
An ERP system should include modules for managing accounting, budgeting, and financial reporting. It should be able to handle transactions, such as purchases, sales, and payments, and provide accurate financial data in real-time.
Integration: An ERP system should integrate various departments and processes within an institution, ensuring seamless data sharing and communication. Automation: It should automate routine tasks and processes, increasing efficiency and reducing manual errors.
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Which nims management characteristic includes maintaining accurate and up to date inventories.
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One of the key NIMS management characteristics that focuses on maintaining accurate and up-to-date inventories is Resource Management.
This involves identifying, ordering, and tracking resources needed for an incident response, including personnel, equipment, and supplies. By maintaining accurate inventories, responders can ensure that they have the resources they need to effectively manage the incident. This includes tracking the status and location of resources, ensuring that they are properly maintained, and identifying any gaps or shortages that need to be addressed. By staying organized and up to date with resource inventories, responders can better manage the incident and ensure that all necessary resources are available when needed.
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Enterprise Value is defined as the value of the entire corporation as determined by the consensus of sell‐side analysts.
a. true
b. false
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B. False. Enterprise Value (EV) is not determined by the consensus of sell-side analysts. It is a financial metric that represents the total value of a company, including its market capitalization, debt, and cash.
EV is calculated by adding a company's market capitalization, outstanding debt, and minority interest, and subtracting cash and cash equivalents.The market capitalization represents the total value of a company's outstanding shares, while the debt and minority interest represent the amount of money the company owes to creditors and minority shareholders, respectively. Cash and cash equivalents are subtracted from the total value to account for the company's ability to pay off debt and invest in future growth.EV is a useful metric for evaluating a company's overall value and attractiveness as an investment. However, it is not determined by the consensus of sell-side analysts. Instead, it is calculated based on the company's financial statements and market data.
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The main determinant of elasticity of supply is the:.
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The main determinant of elasticity of supply is the time period available for adjustment.
The elasticity of supply refers to the degree to which the quantity supplied of a good or service responds to a change in its price. The primary factor affecting the elasticity of supply is the time period available for adjustment. In the short run, firms may have limited ability to change their production levels, leading to a more inelastic supply. In the long run, however, firms can adjust their production capacity, resulting in a more elastic supply.
Understanding the main determinant of elasticity of supply, which is the time period available for adjustment, helps in predicting how businesses will respond to changes in market conditions and pricing. In general, supply becomes more elastic as the time period for adjustment increases.
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The "Xi and Yi" used in the center-of-gravity method are the:
a. transportation costs.
b. x and y coordinates of location i.
c. volume of goods moved to or from location i.
d. x and y coordinates of the center of gravity.
Answers
The "Xi and Yi" used in the center-of-gravity method are the:
b. x and y coordinates of location i.
These coordinates are used to determine the optimal location for a facility based on the volume of goods moved to or from different locations. The center of gravity is calculated using these coordinates along with the volume of goods to minimize transportation costs.
What is center-of-gravity?
Your center of gravity is where most of your body's mass is located. the centre of gravity. The human body's centre of gravity (COG) is a fictitious position where the gravitational force is claimed to appear to act. It is where the bulk of the entire body seems to be concentrated.
Why is the center of gravity important?
The Centre of Gravity considerably simplifies equations involving dynamics and gravitation by treating an object's mass as though it were concentrated in one place.
Where is a human body's center of gravity located?
Anatomically, the center of gravity is situated directly anterior to the second sacral vertebra. However, because humans do not remain stable in the anatomical posture, the precise location of the COG is constantly changing with each new position of the torso and limbs.
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suppose an industry has 3 firms each with 20% of sales, and 5 firms each with 8% of sales. the hhi for this industry is
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The HHI for this industry is based on the information provided by calculating HHI formula = 1520
The HHI is a formula to determine how concentrated a market's firms' markets are. We square the shares of each company in the market and add them up to determine the HHI. Thus, the equation is
(S1)^2 + (S2)^2..............................(SN)^2
In this question we have 3 firms with 20% share and 5 firms with 8% share so we will put these market shares in the formula
3*(20^2)+5*(8^2)=1520
The Herfindahl-Hirschman Index (HHI), a popular indicator of market concentration, is frequently used before to and after merger and acquisition (M&A) transactions to assess market competitiveness.
The index gauges a company's size in relation to the size of the industry it operates in as well as its level of competition. The market share of each company that competes in a market is squared, and the resulting numbers are then added to determine the HHI.
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Each of the following statements is correct regarding the financial accounting standards board except.
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The Financial Accounting Standards Board (FASB) is a non-profit organization that sets accounting standards for public and private companies in the United States.
However, there is one statement that is incorrect regarding the FASB, and that is that it is a government agency. The FASB is actually an independent organization that was established by the private sector in order to promote financial reporting standards that are transparent and reliable. The FASB is not affiliated with the government, nor does it receive funding from the government. Instead, it is funded by private donations, which helps to ensure its independence and objectivity when setting accounting standards. Overall, the FASB plays a critical role in ensuring that financial reporting is consistent and accurate, which is essential for maintaining investor confidence and promoting economic growth.
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Employee manuals should be kept up to date, and should clearly state that it is the employee who retains the right to revise the manual. true false
Answers
False. Employee manuals should be kept up to date by the employer or management, and it is their responsibility to revise and update the manual as needed.
While employees may provide feedback or suggestions for updates, the final decision rests with the employer or management. It is important for the manual to clearly state the policies and procedures of the company, as well as the expectations and responsibilities of employees. The manual should also outline the consequences of violating policies or failing to meet expectations, and provide employees with information on how to report incidents or raise concerns.
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which of the following is consistent with the attraction-selection-attrition (asa) theory? multiple choice job applicants with a variety of personal characteristics are preferred by organizations, resulting in a more heterogeneous organization. job applicants avoid employment in companies whose values seem incompatible with their own values. job applicants do not typically pay much heed to organizational values when applying for work. job applicants avoid other applicants if they are competing for the same jobs.
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Job applicants avoid employment in companies whose values seem incompatible with their own values is consistent with the attraction-selection-attrition theory.
Attraction-Selection-Attrition theory that says applicants are drawn to groups whose members share their personality, values, interests, and other characteristics. Likewise, organizations are more likely to choose candidates who have knowledge, skills, and abilities that match those of their current members, and over time, people who do not fit well with them are more likely to leave the organization.
By developing and presenting the attraction-selection-attrition (ASA) theory, Benjamin Schneider. This theory often explains why a company or organization behaves in a certain way toward its employees and employers. The attraction-selection-attrition (ASA) hypothesis states that job applicants steer clear of firms whose values appear to conflict with their own. Additionally, it claims that job candidates are frequently drawn to colleagues who share their beliefs and ideals.
Therefore, option B is the correct answer.
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wheeler needs to raise $4 million to fund their town's budget requirements. in the previous election, the mayor promised to not increase the property tax rate of .035 per dollar. rounded to the nearest dollar, what must they set the town's total assessed value at?
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To raise $4 million without increasing the property tax rate of .035 per dollar, Wheeler must set the town's total assessed value at $114,285,714.
To find out the total assessed value needed to raise $4 million without increasing the property tax rate, we need to use the formula:
Total assessed value = Amount needed / Property tax rate
Substituting the values given in the question, we get:
Total assessed value = 4,000,000 / 0.035
Solving this equation, we get:
Total assessed value = 114,285,714.29
Since we need to round to the nearest dollar, the answer is:
Total assessed value = $114,285,714
Therefore, Wheeler must set the town's total assessed value at $114,285,714 to raise $4 million without increasing the property tax rate of .035 per dollar.
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Suppose that the six-month interest rate in the United States is 6%, while the six-month interest rate in Mexico is 8%. Further, assume the spot rate of the peso is $0.20. Suppose that you have $500,000 with which to attempt covered interest arbitrage. Assume the forward rate is $0.19630, as you just calculated, and the interest rates are the same as have been used throughout this problem. To start, you exchange your $500,000 (at the spot rate of $0.20) for 2,500,000peso. After depositing these funds for 6 months, and earning a return of 8%, your deposit grows to 2,700,000peso. When you convert your 2,700,000peso back to dollars, you end up with approximately ____________ for a profit of about _____________ over your original $500,000. However, had you simply deposited your $500,000 in an account and accrued 6% interest, you would have____________for a profit of ____________.This example illustrates that covered interest arbitrage ____________ offer a significantly larger return than simply depositing the funds in a domestic account under interest rate parity.
Answers
Covered interest arbitrage profits from interest rate differentials using forward contracts to cover exchange rate risk. This example shows a smaller profit than investing domestically, stressing the importance of risk and cost assessment.
The problem describes an example of covered interest arbitrage where an investor can profit from the interest rate differential between two countries by using forward contracts to cover the exchange rate risk.
In this example, an investor starts with $500,000 and converts it into 2,500,000 Mexican pesos at the spot rate of $0.20. The investor then deposits the pesos in a Mexican bank account for 6 months, earning a return of 8%, which grows the deposit to 2,700,000 pesos.
Finally, the investor converts the pesos back to dollars at the forward rate of $0.19630, realizing a profit of about $10,150 over the original investment.
However, if the investor had simply deposited the $500,000 in a US bank account earning 6% interest, they would have ended up with about $530,000 after 6 months, resulting in a profit of about $30,000.
This comparison shows that covered interest arbitrage does not always offer a significantly larger return than domestic investments, as interest rate parity suggests. Therefore, investors must carefully consider the exchange rate risk and transaction costs involved in arbitrage opportunities.
In summary, covered interest arbitrage involves taking advantage of interest rate differentials between two countries to generate a profit. In this example, the investor uses forward contracts to cover the exchange rate risk and earns a smaller profit than if they had simply invested domestically, highlighting the importance of carefully assessing the costs and risks of arbitrage opportunities.
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if the factory overhead account has a credit balance at the end of the first month of the fiscal year, where will the amount of this balance be reported on the interim balance sheet?
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The main answer is that if the factory overhead account has a credit balance at the end of the first month of the fiscal year, the amount of this balance will be reported on the interim balance sheet as a liability.
This is because a credit balance in the factory overhead account represents overallocated overhead costs, which means that the company has incurred more overhead costs than it has assigned to production. As a result, the amount of the credit balance is considered a liability that needs to be resolved in future periods.
An explanation for this is that the interim balance sheet is a snapshot of the company's financial position at a specific point in time, typically at the end of a month or quarter. The purpose of the balance sheet is to report the company's assets, liabilities, and equity, and to show how these items are financed. A credit balance in the factory overhead account represents an excess of overhead costs, which is a liability because it means that the company owes its production departments for the unassigned overhead costs. Therefore, this amount is reported on the interim balance sheet as a liability until it is resolved in a subsequent period.
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