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Southern University at Shreveport *
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701
Subject
Management
Date
Jun 5, 2024
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Zelda's MRP = $12 per hour while Yvonne's MRP = $8 per hour. The wage for both employees is $10. The firm should Select one: () a. continue to employ Zelda, but should fire Yvonne. () b. fire both Yvonne and Zelda. () c. continue to employ both Yvonne and Zelda. () d. continue to employ Yvonne, but should fire Zelda.
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Related Questions
Which of the following is most likely a purpose of a cooperative? *
To lease or operate a profit-taking enterprise using the capital provided by the
members.
None of the choices.
To insure against losses of the members.
To develop expertise and skills of identified beneficiaries of the cooperative.
To acquire the lands of the members and convert it as housing subdivisions.
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Leary and O’Donnell, a local CPA firm, has been asked to bid on a contract to perform audits for three counties in its home state. Because existing staff are fully scheduled, if the firm is awarded the contract, it must hire one new staff member at a salary of $63,000 to handle the additional workload. The managing partner is convinced that obtaining the contract will lead to additional new clients from the respective counties. Expected new work (excluding the three counties) is 860 hours at an average billing rate of $90 per hour. Other information follows about the firm’s current annual revenues and costs:
Firm volume in hours (normal)
30,750
Fixed costs
$ 575,000
Variable cost
$ 35
/hour
Should the firm win the contract, the audits of the three counties will require 840 hours of expected work.
Required:
1. If the managing partner’s expectations are correct, what is the lowest bid the firm can submit and still expect to increase annual net income? What would be…
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Carol Jones wanted her business to increase sales by 50 percent over the next five years. To do this, she must hire three more people. She wanted to determine how to evaluate these people, so she lists their job specifications and develops job descriptions. She also listed where these employees would work and what training they would require. What management functions is Carol performing, and how do they apply to this scenario?
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Manji
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Which statement is correct, comparing La Crosse, WI and Miami, FL.A. Despite spending twice as much on Medicare in Miami, enrollees are equally healthyB. Despite that Miami is spending twice as much on Medicare than La Crosse, enrollees are equally healthyC. Despite spending equally on Medicare, enrollees are healthier in La CrosseD. Despite spending equally on Medicare, enrollees are healthier in Miami
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Lou-anne is a member of her employer's registered pension plan. Her employer contributed $5,000
to the plan; Lou-anne contributed $2,500. What statement is true?
O a) Lou-anne can deduct her contribution from her taxable income; she must include her
employer's contribution in her income.
O b) Lou-anne can deduct her contribution from her taxable income; her employer's contribution is
not considered a taxable benefit.
Oc) Lou-anne cannot deduct her contribution from her taxable income; her employer's contribution
is not considered a taxable benefit.
Od) Lou-anne cannot deduct her contribution from her taxable income; her employer's contribution
is considered a taxable benefit.
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You are hiring an engineer and, after conducting interviews, are ready to make an
offer of employment to your top candidate. This is a one-year position, with a salary
of $45,000/year, and no benefits. This person will report to the Senior Engineer and
will be responsible for all the engineering maintenance and scheduling for the entire
company. This person will be required to provide you 2 months notice if they decide
to resign. If you are required to terminate their employment without cause, you will
only provide one months notice.
Based on this information, identify the common contractual terms you will include in
your employment offer. Match the term you identified to the information noted
above.
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..
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give me answer as soon as possible
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The definition of usual, customary, and reasonable (UCR) charges is:
O A. the amount of premium an insurance company can charge for health ins
the premium that an insurance company can charge an employer for eac
the dollar amount the employee can pay for their dependents' health ins
the maximum amount the insurer will consider eligible for reimbursement
O B.
O C.
O D.
2
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Hoperates a manufacturing plant and carries a Business Income Form. This policy would cover:
OA loss of earnings as the result of a recession
loss of earnings as a result of fire damage to the building
loss of earnings as a result of a discontinued product line
employees loss of earnings due to a strike
OD.
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Javier has applied to be a sales associate. He wants to know
how long the FREC has to accept or deny his application.
Where in the law should he look?
Chapter 20, F.S.
Q Search
Chapter 455, F.S.
Chapter 120, F.S.
Chapter 475, F.S.
LO B
Subm
XL =
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David works for Wool garments company as a production manager. He often participates in the annual budgeting process of the company. David is requested by the Chief Executive Officer Linda to submit his department’s budgeted production for the following year. Linda reviews and typically adds 10 percent to the production budget provide by David. The new amount becomes David’s target production level for the following year. David can receive a cash bonus if his department exceeds the projected production level.
3. Suggest what should be done to prevent a manager from providing inaccurate budgets which can easily achieved.
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A hiring manager told a candidate that if they joined the company , they would be promoted within 6 months , would be given an office , and would be given a substantial raise . The candidate took the job based on this information . After the 6 month period , the employer did not come through with these promises and stated the reason was financial constraints .
1. What is this an example of ? 2. Discuss how employees can protect themselves from these types of situations ?
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10. An announcement that the prices of goods and services in the market are risking would cause an increase in which of the following? O a. The default risk premium O o The risk free rate ) r The liquidity risk premium O o The inflation risk premium
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As automakers increase the production of EVs and decrease the production of traditional cars with internal combustion engines, which
of the following best describes the impact to the workers in the auto- and auto-service industry?
O a. There will be minimum impact to the workers in the auto-service industry as consumers will continue to need car
maintenance.
O b. Some auto workers may lose their jobs if their knowledge is limited to internal combustion technology and the demand of
such jobs decline.
Oc. There will be an overall loss of jobs in the auto-service industry as EVs have fewer moving parts, and do not need oil or
transmission fluid changes. As demand for these types of service decline, so will be the jobs in the auto-service industry.
O d. Both band c
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Larry works as a self-employed gardener for X Ltd. There is no question of Gary being an employee.During the evening, Larry works for another company, Y Ltd., as a delivery driver, on an as-and-when required basis - Larry is given 24 hours' notice to work. Larry uses Y Ltd.’s van to make any deliveries required.During the last five years, Larry also works as an employee, for Z Ltd., a bakery. He has been given one month’s notice to terminate his employment.Which of the following best describes Larry’s employment rights and status? Please choose one answer. If necessary, briefly explain, within a line or two, what led you to your choice:With X Ltd.: a1. A contract of agency.a2. A contract of employment.a3. A contract of partnership.a4. A contract for the provision of services.With Y Ltd.: b1. Larry is an employee.b2. Larry is an independent contractor because there is no obligation on his employer to provide work (he is offered work on an as-and-when required basis).b3. Larry is an…
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C1 . Paychecks Kept Coming . LO 3 .
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2
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(h).
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The staff is responsible for monitoring and evaluating the performance of the board and ensuring appropriate
succession and ongoing membership.
1) True
2) False
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Carol Jones wants her business to increase sales by 50 percent over the next5 years. To do this, she must hire three more people. She wants to determinehow to evaluate these people, so she lists their job specifications anddevelops job descriptions. She also lists where these employees would workand what training they would require. What management functions is Carolperforming, and how do they apply to this scenario?
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28-
In all companies, each element of compensation may not be present. Management must select a mix of elements that suits their selling practices. In what proportions these elements are adjusted is a matter of company practice. How would you determine ONE of the following elements that ensures the stability and security for sales representatives?
a.
Variable element
b.
Fringe benefits
c.
Reimbursement of expenses
d.
Fixed element
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earn.edgenuity.com/player/
Unit Test
Unit Test Active
11
12
13
14
15
16
Which analogy best represents the relationship between jobs and careers?
O Acareer is like "a muffin or a cookie," and a job is like "baked goods."
O Acareer is like "tools," and a job is like "a hammer or a screwdriver."
O Acareer is like "a building block," and a job is like "a castle or a tower."
O Acareer is like "a speedboat or a powerboat," and a job is like "a sailboat."
TIME REMA
25:4
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DOLL
A
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6. From taking care of risk perspective what should be done if the Impact of risk is
high and likelihood of risk is low?
A. Terminate
B. Transfer
C. Take more
D. Communi
cate
7. From taking care of risk perspective what should be done if the Impact of risk is
low and likelihood of risk is low?
A. Terminate
B. Transfer
С. Тake more
D. Communi
cate
8. The National Audit Office's report, Supporting Innovation: Managing Risk in
Government Departments, mentions the risks that are most commonly identified
by dep
choice possible)
A. Operational risk
nt: financial risk, project risk, reputation-risks to and . (multiple
.......
В. Market risk
C. Missing an
D. Complianc
e risk
opportunity risk
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Pls help ASAP for both
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39. The railroad tracks near a property are being moved closer
to the development where a client is buying a home. Does this
fact need to be disclosed?
1. Yes, because the client is entitled to know facts that may
affect her decision to buy
2. Yes, because the change is likely to create significant noise
and air pollution hazards
3. No, because the client should already be aware of railroad
tracks in the vicinity
4. No, because the client is buying on the other side of the
development.
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Which of the following is NOT true regarding applicants for an insurance Toense:
O A
Half of the fees must be paid in advance to the department.
OB.
A completed application must be submitted to the Department.
OC
An applicant must provide proof that they have completed any required prekening educ
The application must be completed under oath
D.
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jimmy is the owner of vrs. until recently jimmy was also the managing director, but he has decided to employ a manager to take over the daily operations of vrs as he transitions to retirement. the new manager, berly, agreed to a performance based contract which says that berly will be paid bonus of $200,000 should the profits exceed a target of $2 million. the contract also says that berly must prepare financial statements and have them audited. Briefly define theory. According to agency theory, what are the roles performed by jimmy and berly
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94 When originating a mortgage loan to
purchase a non-owner-occupied
loan application must reflect
property, the
A) the gross rental income.
B) the appraised value of the property.
C) that the seller paid closing costs at 6%.
D) that the property will be an investment.
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A spring gun, capable of inflicting death or serious
injury:
O Blew away much of Katko's right arm.
OIs the best way to defend unoccupied property.
O Can only be used to protect an unoccupied boarded-up
farmhouse.
O Cannot be used to protect an unoccupied boarded-up
farmhouse.
O Cannot be used to protect a farmhouse unless it is
unoccupied.
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help
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4
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5. Elton Mayo is best associated with the Hawthorne studies which were conducted at the Hawthorn plant of Western Electric in Cicero, Illinois?a. TRUE b. FALSE6. By definition, an objective deal with achieving a measurable result with due regard to time.a.True b. False
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- Which of the following is most likely a purpose of a cooperative? * To lease or operate a profit-taking enterprise using the capital provided by the members. None of the choices. To insure against losses of the members. To develop expertise and skills of identified beneficiaries of the cooperative. To acquire the lands of the members and convert it as housing subdivisions.arrow_forwardLeary and O’Donnell, a local CPA firm, has been asked to bid on a contract to perform audits for three counties in its home state. Because existing staff are fully scheduled, if the firm is awarded the contract, it must hire one new staff member at a salary of $63,000 to handle the additional workload. The managing partner is convinced that obtaining the contract will lead to additional new clients from the respective counties. Expected new work (excluding the three counties) is 860 hours at an average billing rate of $90 per hour. Other information follows about the firm’s current annual revenues and costs: Firm volume in hours (normal) 30,750 Fixed costs $ 575,000 Variable cost $ 35 /hour Should the firm win the contract, the audits of the three counties will require 840 hours of expected work. Required: 1. If the managing partner’s expectations are correct, what is the lowest bid the firm can submit and still expect to increase annual net income? What would be…arrow_forwardCarol Jones wanted her business to increase sales by 50 percent over the next five years. To do this, she must hire three more people. She wanted to determine how to evaluate these people, so she lists their job specifications and develops job descriptions. She also listed where these employees would work and what training they would require. What management functions is Carol performing, and how do they apply to this scenario?arrow_forward
- Manjiarrow_forwardWhich statement is correct, comparing La Crosse, WI and Miami, FL.A. Despite spending twice as much on Medicare in Miami, enrollees are equally healthyB. Despite that Miami is spending twice as much on Medicare than La Crosse, enrollees are equally healthyC. Despite spending equally on Medicare, enrollees are healthier in La CrosseD. Despite spending equally on Medicare, enrollees are healthier in Miamiarrow_forwardLou-anne is a member of her employer's registered pension plan. Her employer contributed $5,000 to the plan; Lou-anne contributed $2,500. What statement is true? O a) Lou-anne can deduct her contribution from her taxable income; she must include her employer's contribution in her income. O b) Lou-anne can deduct her contribution from her taxable income; her employer's contribution is not considered a taxable benefit. Oc) Lou-anne cannot deduct her contribution from her taxable income; her employer's contribution is not considered a taxable benefit. Od) Lou-anne cannot deduct her contribution from her taxable income; her employer's contribution is considered a taxable benefit.arrow_forward
- You are hiring an engineer and, after conducting interviews, are ready to make an offer of employment to your top candidate. This is a one-year position, with a salary of $45,000/year, and no benefits. This person will report to the Senior Engineer and will be responsible for all the engineering maintenance and scheduling for the entire company. This person will be required to provide you 2 months notice if they decide to resign. If you are required to terminate their employment without cause, you will only provide one months notice. Based on this information, identify the common contractual terms you will include in your employment offer. Match the term you identified to the information noted above.arrow_forward..arrow_forwardgive me answer as soon as possiblearrow_forward
- The definition of usual, customary, and reasonable (UCR) charges is: O A. the amount of premium an insurance company can charge for health ins the premium that an insurance company can charge an employer for eac the dollar amount the employee can pay for their dependents' health ins the maximum amount the insurer will consider eligible for reimbursement O B. O C. O D. 2arrow_forwardHoperates a manufacturing plant and carries a Business Income Form. This policy would cover: OA loss of earnings as the result of a recession loss of earnings as a result of fire damage to the building loss of earnings as a result of a discontinued product line employees loss of earnings due to a strike OD.arrow_forwardJavier has applied to be a sales associate. He wants to know how long the FREC has to accept or deny his application. Where in the law should he look? Chapter 20, F.S. Q Search Chapter 455, F.S. Chapter 120, F.S. Chapter 475, F.S. LO B Subm XL =arrow_forward
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