Project management is best defined as a carefully planned and organized activity, designed to accomplish a specific objective that is usually a one-time effort with a beginning and an end, involving conceptualization, planning, execution, and termination phases. Thus, option 4 is the answer.
Project management is a process of guiding and accomplishing a project from beginning to end. First, one needs to conceptualize and plan the project. One needs to think of an idea and make a plan on how to execute the plan step by step.
Then comes the execution of the plan, where the task is given to an individual or a team, and instructions are given to them on how to carry out the project.
Then comes the termination phase, which is marked by the completion of the project and the submission of the project to the client. It is a one-time activity. A project needs to be started and then finished. One can then start working on other new projects.
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you have just won the state lottery and have two choices for collecting your winnings. you can collect $100,000 (option 1) today or receive $12,000 (option 2) per year for the next ten years. a financial analyst has told you that you can earn 5% on your investments. which option would you choose?
Option 2. Although you would only be receiving $12,000 per year, you would be earning 5% on your investment, which would compound over the ten years. This would result in a larger sum of money than if you had taken the lump sum of $100,000 today.
What is investment?
An investment is the purchase or item purchased with the intention of earning income or increasing in value. An rise in the value of an asset over time is referred to as appreciation. When a person buys a good as just an investment, the intention is not to eat the good but rather to use it to create wealth in the future. An investment is always the outlay of certain resource presently, hard work, money, or a resource the hope of a greater payoff later than what was initially put in. For example, an investor may buy a monetary asset now with the expectation that it will generate income in the future or that it will be sold at a higher price later for a profit.
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employers rarely use benefits as tools for attracting and retaining employees because employees generally lack a complete understanding of the benefits provided by their employers. question 11 options: true false
Because employees typically do not lack a thorough understanding of the benefits offered by their employers, employers rarely use benefits as strategies for luring and keeping personnel. Hence, the given statement is false.
Who are the employees?A person who is compensated for their time and labor is an employee. To be considered an employee, a person or organization must pay its workers for their labor. This means that workers do not necessarily need to work full-time.
Employees are people who have been engaged by an employer—a person or company—to carry out tasks on their behalf. According to the IRS, if the employer has any control over the work that is done, then the person is deemed an employee.
Therefore, the given statement is false.
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as a project manager of an agile project, you are verifying and validating individual deliverables and work packages so that a project phase can be closed. which process group do these activities fit into? verification and validation process group closing process group monitoring and controlling process group fit test for conformance to project requirements
As a project manager of an agile project, you are verifying and validating individual deliverables and work packages so that a project phase can be closed. These activities fit into verification and validation process.
It is important to develop the product correctly, check that it satisfies all declared quality requirements, and make sure it is what was described.
Verification is a method that is impartial. A thorough documentation of each quality criteria is necessary for accurate measurement and analysis. Verification guarantees that the product is of the highest caliber and free from errors. Although this procedure is entirely objective, it does not guarantee that the final product will satisfy consumer needs. This is where validation comes into play. Verifying that you have created the right product and that it complies with customer criteria is known as validation.
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to achieve the greatest value for the money being spent is value engineering and is typically completed in what phase of the project? group of answer choices commissioning pre-construction review of the work close out process
Value engineering is a process that is usually finished at the pre-construction stage of a project to get the most value for the money being spent.
Value engineering is a methodical, structured way to delivering essential project functionalities for the least amount of money. Value engineering encourages the replacement of components and processes with less expensive ones without compromising performance. It is only concerned with the functionality of various parts and materials, as opposed to their physical characteristics. Another name for value engineering is value analysis.
Value engineering is an organized, systematic method for delivering project requirements at the lowest possible cost. Value engineering encourages the replacement of components and processes with less expensive ones without compromising performance. Value engineering is sometimes divided into six parts or phases, with the first step being idea generation and the last being change execution.
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nestor is the expatriate manager of his company's textile plant in cambodia. he observes that the working conditions in the cambodian facility are terrible, compared to the manufacturing plants in the united states. he also finds that wages are much lower in cambodia. nestor is bothered by this and insists that the facility in cambodia follow the standards set forth in the united states. what straw men approach to ethics is razor sharp electronics using?
In my opinion, the manufacturing plants maybe have different rules. As we can see, not all the manufacturing plants are bonafide to give their employees good facilities. But, the way he complained is good, maybe the manufacturing plants can consider it and improve the facilities to make their employees comfortable in working.
Employers have the right to maintain rules and procedures governing such matters as employee ethics, leave policies, pay, pay for performance, and behavior when interacting with customers or the public. Employer policies can be included social media usage during work hours and after hours.
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gravenhurst, inc. provided the following aging of its receivables at december 31. age of accounts receivables balance estimated % uncollectible 0-30 days $420,000 0.5% 31 to 60 days 200,000 5.2% 61 to 90 days 75,000 10.3% 91 to 120 days 35,000 21.5% over 121 days 15,000 75.2% total $745,000 during the year, $22,500 of receivables were written off. the balance at the beginning of the year in the allowance account was a credit of $25,000. how much will gravenhurst report as bad debt expense for the year?
Gravenhurst report as bad debt expense for the year is 36530
When a receivable is no longer recoverable as a result of a customer's inability to pay an outstanding debt owing to bankruptcy or other financial issues, a bad debt expense is recorded.
The income statement's operating expenses section, in the lower half of the statement, contains a line item for the bad debt expense. It isn't seen as a direct expense of sales. The amount of an account receivable that cannot be collected is known as a bad debt expenditure. The client has decided not to pay this sum.
What methods have you used for estimating bad debt?
Both percentage of sales and percentage of receivables are used to estimate bad debt costs.
Sales percentage. Calculating the percentage of net credit sales or total credit sales that are uncollectible is called the percentage of sales.• Receivables as a percentage.
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key success factors are group of answer choices important characteristics of a company or its product that lead to success in an industry. similar to generic strategies. examples of defensive strategies. the economic characteristics of countries that lead to success.
Key success factor can be defined as Important characteristics of a company or its product that lead to success in an industry. Key success factor have important impact to the company.
Competitive emphasis or key success factors or also known as strategic posture can be defined as the important elements required for a company to compete in its target markets. Competitive emphasis or key success factors articulates what the company must do, and do well, to achieve the goals outlined in its strategic plan. There are several key of success for a company, such as user Involvement, Clear Business Objectives, Agile Process, Project Management Expertise, and many more.
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critter sitters paid $100 for the monthly cell phone bill. which two accounts are impacted by this transaction? cash and owner's capital cash and communications expense owner's capital and communications expense cash and accounts payable
The two accounts affected by the cash sales transaction in Critter Sitters Animal Care's books are B. Cash and Sales, and C.
What effects do cash sales transactions have on accounting?
The selling company will debit its cash account and credit its service revenue or sales revenue account when a consumer pays for goods or services.
The accounting consequence for the paying client is a credit to the cash account and a negative to purchases, costs, or inventory.
Given each company transaction, these debit and credit entries are consistent with the double-entry accounting method and the accounting equation, which stipulates that assets are equal to liabilities and equity.
Critters Transaction Analysis: Cash $ Sales $
The cash account of Critters Sitters Animal Care should be debited, and the sales income account should be credited.
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assume that a u.s. firm can invest funds for one year in the united states at 12 percent or invest funds in mexico at 14 percent. the spot rate of the peso is $.10 while the one-year forward rate of the peso is $.10. if u.s. firms attempt to use covered interest arbitrage, what forces should occur? group of answer choices
Invest funds - forces should occur spot rate of peso increases; forward rate of peso decreases.
What is investment funds?
An investment fund is a pool of funds from multiple investors that is used to buy securities collectively while each investor retains control and ownership of his or her individual shares. An investment fund offers a bigger range of investment choices, more management skills, and lower investment fees than individual investors could acquire. Mutual funds, marketplace funds, money markets, and hedge funds are all examples of investment funds. Individual investors do not make judgments about how a fund's assets must be allocated when they invest in investment funds. They just select a fund depending on its objectives, risk, fees, and other considerations.
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an investor sells 100 shares short at $43. the sale requires a margin deposit equal to 60 percent of the proceeds of the sale. if the investor closes the position at $49, what was the percentage earned or lost on the investment? if the position had been closed when the price of the stock was $27, what would have been the percent earned or lost on the position?
The percentage lost on the position will be equal to 23.2%.
Investment may be defined as any asset that is made by an individual or an organization in the hope that it will prove beneficial in future. An investment can be in form of cash, deposits, gold or real estate. The individual investing the assets is known as Investor. According to the question the shares are sold at
$43 X 100 = $4,300 and
the Margin requirement = 0.6 x $4,300 = $2,580
Now, further when the price of the stock rises to $49, the investor loses $4,900 - $4,300 = $600
Therefore, the percentage lost on the invested funds is given as
($600)/$2,580 = 23.2%
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james, age 8, understands that a dollar changed into 4 quarters is still a dollar. this means that james has achieved the cognitive milestone of .
That james has achieved the cognitive milestone of reversibility.
The ability of a sensor to recover, or return to its original background/baseline condition, after exposure to an analyte is referred to as reversibility.
What is reversibility ?A mental process that reverses a series of events or returns a changed state of affairs to its original state. The ability to recognise that a glass of milk poured into a bottle can be poured back into the glass and remain unchanged exemplifies it.
The third stage in Piaget's theory of cognitive development is known as the Concrete Operational stage. The child's use of logical thinking increases during this stage, which lasts from 7 to 12 years. One of the critical processes that emerges is reversibility, which refers to the ability to recognise that numbers or objects can be changed and returned to their original state.
Cognitive development refers to how children think, explore, and solve problems. It is the development of knowledge, skills, problem solving, and dispositions that enables children to think about and comprehend their surroundings. Cognitive development includes brain development.
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you are given the task of brainstorming with a team about how the marketing information and research results will help your company adjust the marketing strategy for the price of its product. what types of questions should you be asking?
The types of questions should you be asking is How are we doing at providing good value for the price?
What is marketing strategy?A marketing strategy is a long-term plan for attaining a business' objectives through an understanding of client needs and the development of a distinct and long-lasting competitive advantage. It includes everything, from choosing which channels to utilize to contact your customers to figuring out who they are. A company's limited resources can be focused on the best possibilities to boost sales and gain a long-term competitive edge through the use of a marketing plan. Product, pricing, place, and promotion make up the four Ps. They serve as an illustration of a "marketing mix," or the collection of tools and techniques utilized by marketers to accomplish their marketing goals.The types of questions should you be asking is How are we doing at providing good value for the price?To learn more about marketing strategy refer to:
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for the year ending december 31, orion, inc. mistakenly omitted adjusting entries for $1,500 of supplies that were used, (2) unearned revenue of $4,200 that was earned, and (3) insurance of $5,000 that expired. for the year ending december 31, what is the effect of these errors on revenues, expenses, and net income? a.revenues are overstated by $4,200. b.expenses are understated by $3,500. c.net income is overstated by $2,300. d.expenses are overstated by $6,500.
The effect of these errors on revenues, expenses, and net income as follows:
net income is overstated by $ 2300
[Unrecorded expense = supplies expense + insurance
= 1500 + 5000 = 6500]
[Unrecorded revenue = 4200
so net impact on net income = Revenue -expense
=4200 - 6500
= - 2300
since expense exceed revenue, it means we have debit) 2300 more in income statement, so lower expenses mean higher income.
Effect of expenses on Trading and Profit account in the long run impact the Balance-Sheet of an agency too, because decreased earnings or extra earnings in the long run transferred to capital account, that is part of the Balance Sheet.
Accounting mistakes can be minor or substantial. Either way, they are able to have extreme consequences: Incorrect profits reporting. Incorrect fee reporting can distort an agency's computed running earnings margins or ought to bring about over-reporting of net income.
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Felice is injured when a can of ground-up explodes into flames. Herbicides inc. Manufactured the ground-up. Under product liability laws, felice’s options include?.
Felice is injured when a can of Ground-Up explodes into flames. Herbicides Inc. manufactured the Ground-Up. Under product liability laws, Felice's options include suing Herbicides Inc.
This poisonous herbicide comes with recognized health risks, however, it is still getting used on crops, in parks, and maybe even on your personal outdoors.
Herbicides can cause deleterious results on organisms and human fitness, both through their direct and indirect motion. Among the organic outcomes of these chemical compounds, it may be stated genetic damage, numerous physiological alterations, or even death of the organisms exposed.
Glyphosate is an extensive-spectrum herbicide that is absorbed by way of plant leaves and is systemic (translocated) within the plant. Nearly all herbaceous flowers and maximum woody vegetation are susceptible to glyphosate, which inhibits the synthesis of 3 amino acids vital for plant boom.
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green inc. uses the following activity rates from its activity-based costing to assign overhead costs to products: activity rate setting up batches $59.06 per batch processing customer orders $72.66 per customer order assembling products $3.75 per assembly hour data concerning two products appear below: product a product b number of batches 84 50 number of customer orders 32 43 number of assembly hours 483 890 how much overhead cost would be assigned to product a using the activity-based costing system? group of answer choices $9,097.41 $4,961.04 $135.47 $81,146.53
A costing system is designed to monitor a business's expenses. The system consists of many forms, processes, checks, and reports that are designed to collect and present management with financial data.
Explain about the costing system?Any system for allocating expenses to a business component is known as costing. Costing is frequently used to establish expenses for customers, distribution channels, personnel, regions, goods, product lines, processes, subsidiaries, and whole businesses.
Process costing, job costing, direct costing, and throughput costing are the primary costing techniques accessible. Each of these approaches can be used in various production and decision-making situations.
Costing is necessary to make sure that all costs are met and that the group decides on a price that will result in a profit. Finding ALL of a company's costs, including manufacturing, sales, administration, overhead, etc., is the first and most crucial stage. Following that, costs are separated into fixed and variable costs.
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modern candy, a wholesaler, sold a crate of candy for $600 on account to a customer with credit terms of 3/20, n/60. if the customer pays within the discount period, how much cash will modern candy receive when it is paid? multiple
The credit terms 3/20, n/60 means that the buyer will be given a 3% discount if they settle their invoice in 20 days. If not, the invoice is due in full within 60 days. This gives customers 3% off of the invoice cost if they produce early which is very useful.
customer pays within the discount period , payble amount is $.582.
What do credit terms of 4/10 N 30 mean in regard to a purchase?n/30" states that if the shopper does not pay the (full) invoice amount within the 10 days to permit for the discount, then the net payment is due within 30 days after the sales invoice date.The credit terms 3/20, n/60 means that the buyer will be given a 3% discount if they settle their invoice in 20 days. If not, the invoice is due in full within 60 days. This gives customers 3% off of the invoice cost if they produce early which is very useful.When products inventory is purchased with credit terms of 2/10, n/60, the credit period is 60 days from date of the invoice. An checklist system in which the business has up-to-date data as to the amount of goods on hand is called a periodic inventory system.To learn more about : periodic inventory system.
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An incoming mba student took placement exams in economics and mathematics. In economics, she scored and in math. The overall results on the economics exam had a mean of and a standard deviation of , while the mean math score was , with a standard deviation of. On which exam did she do better compared with the other students?.
In comparison to the other students, the prospective MBA student performed higher on the math exam.
She performed better on the Mathematics exam since her scores were 2.1 standard deviations higher in mathematics and 1.25 standard deviations higher than the mean in economics.
We have the following information to assess how many standard deviations she was from the mean in each subject:
= (Score - Mean)/Standard deviation
For economics;
= (85 - 75)/8 = 10/8 = 1.25 sd.
For Mathematics:
= (89 - 68)/10 = 21/10 = 2.1 sd.
In essence, her scores in Economics and Mathematics were 1.25 standard deviations and 2.1 standard deviations, respectively, above the mean.
She thus outperformed other kids in Mathematics.
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you are considering the risk return profile of two mutual funds for investment. the relatively risky fund (fund a) promises an expected return of 8% with a standard deviation of 14%. the relatively less risky fund (fund b) promises an expected return and standard deviation of 4% and 5%, respectively. assume that the returns are approximately normally distributed. which mutual fund has a higher probability of earning a return above 8%? it is expected that you can answer this question without calculations using a picture only.
The relatively risky fund should be chosen.
In a set with mean μ and standard deviation σ, the z-score of a measure X is given by:
Z = X - μ / σ
The Z-score measures how many standard deviations the measure is from the mean. After finding the z-score, we look at the z-score table and find the p-value associated with this z-score. This p -values is the probability that the values of the measure is smaller than X, that is, the percentile of X. Subtracting 1 by the p-value we get the probability that the value of the measure is greater than X.
Now, to find the probability of earning a return above 8%,
We should pick whichever fund has a higher probability of earning a return above 8%.
This Probability is 1 subtracted by the p-value of Z when X = 8
μ = 8 and σ = 14
Z = X - μ / σ
Z = 8 - 8 /14
Z = 0
The p-value of Z = 0 is 0.5
1 - 0.5 = 0.5
50% probability of earning a return above 8%
The riskier fund has the higher probability, so it should be chosen.
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3. productivity, dependability, and responsibility are examples of skills that managers look for when determining who to promote within a company. evaluate these three skills and another one or two that you come up with and explain how each skill could be helpful for an employee looking to get a promotion.
Decent cultural fit One of the most difficult aspects of the job search process is finding a company with a wonderful culture and team members that make you feel at home. A creative environment,a concentration on career advancement,an established organizational structure that is evident, Employer investment.
How should a competent manager look?In addition to leading teams and fostering their growth, excellent managers are also able to fully control their company's operations and performance. These are the individuals that consistently adapt to novel circumstances, inspire others to realize their greatest potential, and produce their best work.Good managers are independent and don't need much guidance. They must take responsibility for their own errors. Effective managers model constructive accountability in their behavior and leadership. This is crucial because managers must teach employees how to take accountability upon themselves.Decent cultural fit One of the most difficult aspects of the job search process is finding a company with a wonderful culture and team members that make you feel at home. A creative environment,a concentration on career advancement,an established organizational structure that is evident, Employer investment.To learn more about Good managers refer to:
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price discrimination will result in consumers with more elastic demand purchasing more of the good than when a single price is charged to all consumers in the market. group startstrue or false
This is because in the Elastic Demand the change in price causes a large change in quantity demanded.
What is Elastic Demand?
An Elastic Demand experiences a significant shift in quantity demanded as a result of a price adjustment. When the amount sought changes little as a result of a price adjustment, the demand is said to be inelastic. The formula for calculating demand's elasticity is (Q1 - Q2) / (Q1 + Q2).
What are the factors affecting elasticity of demand?
The four factors that affect elasticity of demand are:
(1) availability of substitutes
(2) if the good is a luxury or a necessity
(3) the proportion of income spent on the good
(4) how much time has elapsed since the time the price changed.
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financial information is presented below: operating expenses $ 45,000 sales returns and allowances 3,000 sales discounts 7,000 sales revenue 160,000 cost of goods sold 96,000 the profit margin would be
The profit margin would be =0.36
The required details about profit margin is mentioned in below paragraph.
Profit margin is the difference between your company's total operating expenses and its total revenue. The more money your company keeps, the larger your profit margin will be. One of the often used profitability statistics to determine how profitable a business or line of business is is profit margin. It displays the proportion of sales that have generated profits. Simply put, the percentage value represents the amount of profit the company made on each dollar of sales. For instance, if a company states that it had a 35% profit margin during the most recent quarter, that translates to $0.35 in net income for every $1 in sales.
Net Sales=Sales revenue-Sales returns and allowances-Sales discounts
=160,000-3000-7000
=$150,000
Gross profit=Net Sales-Cost of goods sold
=(150,000-96,000)
=$54000
Gross profit rate=Gross profit/Net Sales
=$54,000/$150,000
=0.36
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the global solution to the global-local dilemma refers to group of answer choices customization of products to regional but not country differences. responding to differences in the global markets in which a company operates. none of the above conducting business similarly around the world.
The global solution to the global-local dilemma refers to conducting business similarly around the world.
Multinational Corporations or MNC's are setup in different parts of different countries in order to maintain a balance in trade and also to promote the varieties in goods and services offered. MNC's face many challenges within a particular country. There is a constant demand for certain goods or services by consumers and the MNC's need to maintain enough surplus of that particular commodity in order to fulfill the needs of the people. This is called as Global-local dilemma. The services provided by them are according to the needs of people. The solution to this problem of global-local dilemma is known as Global solution which includes maintaining and providing better quality and quantity of goods and services.
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Complete Question:
The global solution to the global-local dilemma refers to
a. Conducting business similarly around the world.
b. Responding to differences in the global markets in which a company operates.
c. Customization of products to regional but not country differences.
d. None of the above
you have just won the lottery! you can either receive $6,500 a year for 20 years or $100,000 as a lump sum payment today. what is the interest rate on the annuity option?
2.64 percent is the interest rate on the annuity option.
Describe annuity rate.
What is a rate of annuity?
The amount of income that will be paid after investing a lump sum in an annuity is determined using an annuity rate. If your pension agreement contains a guaranteed annuity rate, your provider is required to provide you with that minimum annuity income when you retire. Because the monthly payment is based solely on the annuitant's life, the life option often offers the greatest payout. This choice offers a lifetime income stream, serving as a strong safeguard against outliving your retirement savings. The four annuity types are:
Lifetime guaranteed annuities: This choice.
The tax-deferred choice is deferred annuities.
Fixed annuities: The option with lesser risk.
Variable annuities: The highest upside option
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Mike owns swibel trucking, a successful trucking business, as a sole proprietor. After many successful years in business, one night he decides he wants to change his business to a partnership so that he can share the burden and devote more time to pursue his hobby of duck watching full time. What steps must he take to change the type of business entity to a partnership?.
None as a sole proprietor can convert to another business form at the proprietor's will.
A sole proprietor is a person who owns an unincorporated business by means of himself or herself. But, in case you are the only member of a home restricted liability business enterprise (LLC), you aren't a sole proprietor if you pick to deal with the LLC as an agency.
A self-employed person really means the character works for him or herself. It is just a business term. A sole proprietor refers to someone who owns an enterprise by themselves. A sole proprietor does now not work for a business enterprise like a conventional worker.
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question innovations in shipping and the growth of commercial networks were most directly related to which of the following other developments of the first half of the nineteenth century? responses a decrease in the availability of jobs for recent immigrants a decrease in the availability of jobs for recent immigrants an increase in the number of americans moving west of the appalachian mountains an increase in the number of americans moving west of the appalachian mountains the spread of industrialization to most cities in the south the spread of industrialization to most cities in the south an increase in the production in the home of goods used by families
The other development of first half of nineteenth century is -- An increase in the number of Americans moving west of the Appalachian Mountains
What's a commercial network?
Commercial networks are large networks, and the large difference between home networks and large commercial networks is the size. Commercial networks make use of analogous protocols, networking topology, and services as their lower relatives, home networks do.
Spread of industrialization :The Spread of Industrial Revolution first began in Great Britain in the 18th century with the invention of the brume machine, an invention which would soon change the world. Industrial spread fleetly to other countries which handed them with new technologies constructed by artificial period formulators.
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What are the two main things that job design treats and considers when planning?
Answer: Hope this helps.
Explanation:
Job design is a process that companies use to create a new job or add duties to an existing job. This allows a company to more easily reach its goals by having more employees perform more tasks within the organization. Job design may involve developing a new position or simply adjusting the set of tasks that a current position encompasses.
Good job design accommodates employees’ mental and physical characteristics by paying attention to:
muscular energy such as work/rest schedules or pace of work, and
mental energy, such as boring versus complicated tasks.
allows for employee input; this means employees should have the option to vary activities according to personal needs, work habits, and the circumstances in the workplace,
gives an employee a sense of accomplishment,
oints are figured on the: group of answer choices amount of the new loan. the selling price of the property. amount of commission. all of the answers are correct.
On the total amount of the new loan, points are calculated. Each New Lender's part of the New Loan will be in an amount equal to such New Lender's pro rata share of the New Loan Amount if the New Loan Amount is less than the Maximum New Loan Amount.
It is based on the share of the Maximum New Loan Amount that each New Lender is willing to contribute. The largest sum that a bank or financial organization permits a New Lender to obtain a loan for is referred to as the maximum loan amount. Credit cards, regular loans, and line-of-credit accounts are all subject to the maximum loan amount.
During the underwriting process, a number of variables are taken into consideration when establishing the maximum loan amount. On the basis of the borrower's debt to income ratio, the maximum loan amount is typically advised.
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At the end of the accounting period anderson company had $4,500 in accounts receivable and $500 in its allowance for doubtful accounts account. Based on this information the net realizable value of accounts receivable is?.
The net realizable value of accounts receivable will be $4000, considering the value of accounts receivable and allowance.
Given information:
Accounts receivable = $4,500
Allowance for doubtful accounts = $500
Net realizable value of accounts receivable = $4,500-$500 = $4000.
The balance of money owed to a company for products or services delivered or utilized that have not yet compensated for by clients is known as accounts receivable (AR). On the balance sheet, accounts receivable are listed as a current asset. Any amount of money that individuals owe for transactions they made using credit is known as AR. Usually accounts receivables are part of company's working capital.
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which of the following sources of emergency funds will have the least negative impact on your lifetime financial situation if the source is used to meet emergency expenses? question 4 options: taking money from your savings account. selling investment assets. borrowing money using a credit card. being unprepared for major car repairs, major medical expenses, and major home repairs.
The source is used to meet emergency expense - Taking money from your savings account
What is emergency expense?
An emergency expense is a savings account that is used in times of personal financial distress. Events such as job loss, illness, or a recession are instances of when many people would require the use of their emergency expense to survive. As a result, the primary goal of the fund is to cover unexpected emergency expenses. As a result, there is less need to borrow at high interest rates or use one's retirement funds. Many financial advisors believe that an emergency fund ought to be able to cover up to 3-6 months of total costs.
Therefore, the correct option is A
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mara has worked in her company's office for many years and over time has learned who the best people are to talk to when certain issues arise. what type of knowledge does this represent?
As Mara has learned who the best people are to talk to when certain issues arise, she has tacit of knowledge.
We can describe tacit knowledge as the type of information or knowledge that someone gets by gaining experience. Such a type of knowledge is usually difficult to express and it is just something that you know over the years.
In the case mentioned in the question, Mara knows which people in a company to talk to for which type of issue because she has worked for a long time in the company. Hence, this represents tacit of knowledge.
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