In today's global market, opportunity cost is when a company hires a new coder but cannot afford to engage a new salesperson. Therefore, option B is correct.
What is an opportunity cost?When a decision must be made between numerous mutually exclusive options due to limited resources, the opportunity cost of that decision is the value of the best alternative forgone.
Opportunity cost follows directly from the shortage. While determining how to spend their money and time, people must make decisions from various options.
The potential benefits that a person, investor, or business forgoes while choosing between two possibilities are known as opportunity costs. Opportunity costs are easily disregarded because they are by nature invisible.
Opportunity cost is the difference between the value of a different option and the value of the selected one. Opportunity cost is a notion used in decision-making to assist people and organisations in making better decisions, primarily by considering alternatives.
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You are an accounting student at a university and also a talented guitar player. During summer vacation, you are hired full time to do bookkeeping for a computer store. You work during normal business hours at the computer store. Your work there is supervised by the office manager, and you are paid an hourly wage. On Saturday nights, you play guitar at a pub. You bring your own instrument and you decide what music to play. You are paid a set price for this gig. A question arises at both the store and the pub as to whether you are an employee or an independent contractor. This question is important because employers have certain obligations to employees that do not apply to independent contractors. For example, employers are liable for the wrongful acts of employees but generally not for the acts of independent contractors. Likewise, employers must withhold payroll taxes for employees but not for independent contractors.
Required:
Are you an employee or an independent contractor at the store and at the pub?
Considering the scenario described above, at the store, I am an employee. This is because I'm hired full-time.
Also, because an office manager is supervising me, that shows I am an employee.
Also, given that I work within normal business hours at the store, that is a characteristic of an employee. Again, payment of wages is associated with employee relations.
On the other hand, I work as an independent contractor at the pub because I decide the music to play and get paid per gig.
Also, given that I don't work at normal hours and get paid at a lump sum, this is an independent contractor working feature.
Hence, in this case, it is concluded that I worked as an independent contractor at the pub and an employee at the store.
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old Spanish-type houses in have huge high-pitched roo
what is the question kind lad
______ economic resources means limited goods and services.
Answer:
Scarce.
Explanation:
Answer:
Scarce
Explanation:
When we say scarce economic resource, as it's name implies it means limited available resources.
donovan company projects sales for the year 2019 to be $32,000,000. for the past 5 years, donovan’s gross profit margin has averaged 45%. what amount should donovan company project for gross profit for 2019?
Answer:
$17,600,000 I took this test and this is it!
True or False: Promotional activities are not included in budgeting with other business expenses.
It is True that Promotional activities are not included in budgeting with other business expenses.
This is based on standard accounting practice, which states that the promotional budget is a separate amount from the business budget, and it is meant to promote the business activities.
A promotional budget is often determined as a percentage of the business budget cost. The promotional budget is usually earmarked separately. It can be a proportion from profits, sales, production, etc.
Hence, in this case, it is concluded that the promotional budget is not included in the business budget cost.
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which term denotes the response of a cost to the change in business activity
Explanation:
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The terms is used to denote the response of a cost to the change in business activity is Cost behavior.
Cost behavior is used as a tool to show or indicate how a cost will alter or chang in total when there is a change in some activity.
There are three types of cost behavior. Cost Behavior Analysis is simply known as the study of how specific cost respond to changes in the level of business activity.
Conclusively, its knowledge will helps management plan operations and decide between alternative courses of action.
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John worked 40 hours this week. His rate of pay is $12.50 per hour. What is his gross pay? $425 $500 $475 $505
Answer: $500
Explanation: 12.50 * 40 = 500
Answer:
His pay would be $500 because you have to multiply the 40 hours and the $12.50 you see how much money the got so he would get $500
How do I quit my job as cashier already wrote resignation letter
do you have to pay taxes twice on 401k withdrawals?
Question Mode Multiple Choice Question In a ______, members of the channel pursue their own goals and maximize their own profits, regardless of the effect on other channel members. Multiple choice question. corporate vertical marketing system conventional marketing channel strategic relationship JIT system
Answer:
b. Warehouses
c. Stores
With respect to the selection tools that are used in processing applicants for a sales job:Group of answer choicesNone of these is correct.Companies should use standardized forms (developed for general use by any company) as much as possible.The most effective sequence is to start with an application blank and follow up with a series of interviews.The least costly tools should be used first.Under Affirmative Action guidelines, a company is not allowed to use psychological tests.
The companies should use the standardized forms because it is the most effective and guarantee quality selection.
Let understand that Selection tools are those tools used in selection process of hiring qualified applicant for a job.
The various method of selecting qualified applicant include:
Preliminary screeningPhone interviewsFace-to-face meetings etcThe standardization form of selecting applicants is most effective because its means that the process have been established and guarantees quality selection.
Therefore, Option A. is correct.
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Commenced business with cash of Rs 20,000 and Goods worth Rs 25,000
Answer:
Whats the question
Explanation:
why are externalities considered a cause of market failure?
Answer:
Congress approved the Twenty-second Amendment on March 21, 1947, and submitted it to the state legislatures for ratification. ... The amendment prohibits anyone who has been elected president twice from being elected again.
Explanation:
what do you mean by Producer's Equilibrium ?????
Answer:
it is refered to as profit maximization condition
Answer:
it is refered to as profit maximization condition
It's ne Lilly unnie
Your class has 14 male and 17 female
students. What fraction of your class is
female?
The fraction you would get would be 17 over 31
Why is it better to have 10 new businesses with 10 employees each than to have a factory with 100 workers?
Answer:
100 workers can help get the job done a lot easier
Explanation:
10x10=100
what are rfid tags used for
Answer:
RFID tags are a type of tracking system that uses radio frequency to search, identify, track, and communicate with items and people. Essentially, RFID tags are smart labels that can store a range of information from serial numbers, to a short description, and even pages of data.
the principles of scientific management was written by
Answer:
Frederick Winslow Taylor
The principles of scientific management were written by Frederick Winslow Taylor.
Who wrote The principles of scientific management?In 1909, Taylor published "The principles of scientific management." on this, he proposed that by using optimizing and simplifying jobs, productivity could boom. He also superior the idea that people and managers needed to cooperate with each other.
Human performance engineer Frederick Taylor changed into one of the first human beings to look at management and has been called the father of scientific management. He performed time-movement studies to research the most efficient manner of doing a job after which trained employees in one's procedures.
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Can someone pls help me write a cover letter for a resume
Ned Douglas owns Ned’s Blankets. Ned asks you to explain how he should treat the following reconciling items when reconciling the company’s bank account.Outstanding checks.select an explanationDeduct from balance per bank2.A deposit in transit.select an explanationAdd to balance per bank3.The bank charged to our account a check written by another company.select an explanationAdd to balance per bank4.A debit memorandum for a bank service charge.
In accounting, the purpose of reconciliation is to compare two sets of records for correction and make sure they are in agreement.
Here, Ned have some items which needed to be reconciled with the company’s bank account.
For "the Outstanding checks", he should deduct the amount from balance per bank For "a deposit in transit", he should add to balance per bankFor "the bank charged to our account a check written by another company", he should add to balance per bank and notify the bank of its error. For "a debit memorandum for bank service charge", he should deduct from balance per books.Learn more about this here
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During your second year of internship, a client reveals that he is thinking of proposing. You have worked with this client for a year and agree he is ready. However, which of the following would be a good suggestion?
starting family counseling
starting premarital counseling
starting to stop counseling
starting individual counseling
As a therapist undergoing internship, when a client is about to propose, then, a premarital counseling should be started.
Premarital counseling is a counseling organized for intending couples. The intending couples undergo counseling session in order to be aware of what awaits them in marriage.It also helps intending couples know the kind of topics to discuss during their courtship ranging from financing the home, method of resolving conflicts, number of children and so many other important topics.Therefore, as a therapist, you should suggest premarital counseling for such client having it in mind to propose.
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how to understand and differentiate job roles in the workplace
Answer:
How do you define roles in the workplace? Here's how to develop functional roles and responsibilities in your team: Determine what needs to get done. Make a list of all the tasks that need to be completed. ... Identify strengths and weaknesses. ... Refer back to a team member's job description. ...4. Get feedbac.
What is difference between job and role? Here's an example Turri gave:According to Turri, the difference is that while a person's job describes what they do on a daily basis, their role encompasses how their actions add value to the organization. ... That process can be applied to any job at any organization.Explanation:
i got this straght from go ogle so be shoure to annotate or reword
the federal reserve can affect the money supply by:
Answer:
The Fed can impact the cash supply by changing store necessities, which by and large alludes to the measure of assets banks should hold against stores in financial balances. By bringing down the hold prerequisites, banks can advance more cash, which builds the general stockpile of cash in the economy.
Really hope this helps! Thank you!
how has technology led to a lost in job
Explanation:
The development of technology has lead in loss of jobs for many ppl
In different factories they have been some development this decent years and the work that used to be done by many workers is now done only by a machine or a dozen.
with respect to the national saving and investment identity for any country, the quantity of _______________ at any given time by savings must ________________ for purposes of making investments.
With respect to the national saving and investment identity for any country, the quantity of foreign aid supplied at any given time by savings must be lower than the quantity of domestic aid demanded for purposes of making investments.
The foreign aid supplied can be referred to as export while the domestic aid demanded is referred to as the Import. Any nation which takes its economy very serious will always ensure that the Export is more than the Import.
This is to ensure that the nation is able to save and invest as a result of the high gross domestic product it possesses as a result of its sales of goods and services being more than its spending.
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Your client, Bo Regard, holds a complete portfolio that consists of a portfolio of risky assets (P) and T-Bills. The information below refers to these assets. E(Rp) 12.00 % Standard Deviation of P 7.20 % T-Bill rate 3.60 % Proportion of Complete Portfolio in P 80 % Proportion of Complete Portfolio in T-Bills 20 % Composition of P: Stock A 40.00 % Stock B 25.00 % Stock C 35.00 % Total 100.00 % What is the expected return on Bo's complete portfolio
do you believe thicker/ Williams violated copyright law with "blurred lines" why or why not
Answer:
why not
Explanation:
why not yes of course nA
*PLEASE ANSWER !!! I DONT GET IT, !! ASAP*
Elena is excited to invest, but she is worried that she might lose her investment funds by making risky
investments. How could Elena use diversification to manage her risk? (1 point)
a. ) Elena could forego investing altogether.
b. ) Elena could purchase multiple assets from multiple sources.
c. ) Elena could invest some of her funds into a single low-risk investment and pocket the rest
as cash.
d. ) Elena could invest all of her funds into a single low-risk investment.
Answer:
Elena could purchase multiple assets from multiple sources.
Explanation:
For reducing the risk Elena should acquire multiple assets from the multiple sources.
What is diversification of the assets?Diversification refers to the strategy that deals in the risk management where various kind of investment should be involved within a portfolio. It comprise of various type of assets and the investment so that the risk could be minimized instead of investing in one kind of asset.
Therefore, the option b is correct.
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cost flow is in the reverse order in which costs were incurred when using
Answer:
last-in, first-out, or LIFO.
Charlotte complains that a lot of turnover is coming from branches that used to be First American Bank before the merger. She claims that the employees there were not used to so much oversight. Based on this information, First American was most likely a(n) __________ organization.
From Charlotte's complaint we can conclude that First American was most likely an organic organization.
An organic organization can be described as an organization that has all of its employees working at the same level.
It is flexible, has little layers of management and also has the ability to adapt well to changes. Also the organization is one that has little supervision.
This is obvious because of the claim that employees were not used to so much oversight.
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