Which statement indicates the impact of globalization on the African farming community?

It is likely that the increase in the price of hamburgers is related to the fact that demand is greater than supply.

It is an economic approach to understanding the economic factors that influence the quantity of a product supplied in a market and its price.

Therefore, when there is more demand than supply for a good available in the economy, it means a situation of scarcity, which makes prices rise.

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Products that have revisions that take more than 1 year can not be revised until the following year. Thus, the statement is true.

A product is referred to as a finished item that is ready for sale in the market to serve the customers. These products are tangible in nature so that people can see, touch and use them.

Product revision has been referring to making any modifications or changes to the current product. These product revision has been done when customers are not satisfied with the quality or packaging of the product.

When the product is revised with a time duration of 3 months then this will be considered efficient whereas if takes time of more than a year, it will be considered a product failure.

The revision should not cause delay because there are many competitors available in the market to capture the target audience of your business.

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Based on the financial cost incurred if supply is disrupted and the probability that this happens, the number of suppliers the manager should use is Two (2) suppliers.

If 3 suppliers are used, the probability of disruption would be:

= Probability of super event + (1 - Probability of super event) x Probability of unique event^ number of suppliers

= 5% + (1 - 5%) x 10%³

= 0.145

The payoff would be:

= 2 million x 0.145 + 30,000

= $191,900

With two suppliers:
= 2 million x (5% + (1 - 5%) x 10%²) + 30,000

= $169,000

With one supplier :

= 2 million x (5% + (1 - 5%) x 10%) + 30,000

= $320,000

The lowest cost is with 2 suppliers so this should be chosen.

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Based on the purchase price of the equipment and the increase in annual income, the accounting rate of return is 60%.

This can be found by the formula:

= Average annual income - Average investment

The average investment is:

= Purchase price / 2

= 25,000 / 2

= $12,500

The accounting rate of return is:

= 7,500 / 12,500

= 60%

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The states  that have jurisdiction over this case think Personal Jurisdiction is: North Carolina.

Based on the given scenario the states  that have jurisdiction over this case think Personal Jurisdiction is North Carolina because the  car accident happened in North Carolina.

Based on this North Carolina courts  will tend to  have subject matter jurisdiction over the cause of action.

In a situation were  Sarah files her claim in North Carolina  the courts will have personal jurisdiction over  John who is a resident of South Carolina because he committed a tort offence in North Carolina.

Therefore the states  that have jurisdiction over this case think Personal Jurisdiction is: North Carolina.

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Understanding where to locate your business, who your target market is, and how to reach them, can be accomplished through Market research.

This can be referred to as all activities that are geared towards finding it the target market for which a product would be developed.

It helps to know the would be consumers of the product that is being created and also to know the needs of the market.

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A present value of $2,000 that you expect to receive in 3 years, the future value is mathematically given as

F=2315.24

Generally, the equation for the present value is mathematically given as

P= fv*1/(1+r)n

Therefore

2000=F *1/(1+0.05)^3

F=2315.24

In conclusion, the Future value

F=2315.24

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To make the baggage handling process faster and simpler for travelers, a data analyst uses a gap analysis.

Corresponds to a performance evaluation technique, where a professional is responsible for evaluating the way processes are being carried out in an organization, to determine their efficiency, developing an analysis of needs to increase quality.

Therefore, a gap analysis aims at the continuous improvement of processes through environmental assessment, in order to achieve total quality.

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The kind of risk that the given investments might incur are:

Municipal bonds are usually illiquid which means that buying them comes with liquidity risk. Buying stock comes with business risk because the stock might lose value if the company performs poorly.

Call risk occurs when the issuer of a bond can pay back the bond before it matures.

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Answer:

C. B. A. D.

expiation:

in that order

During a financial statement audit an internal auditor may provide direct assistance to the independent CPA in performing both tests of controls and substantive tests.

Audit is the checking or inspection of the account of the company in order to make sure a ll the transactions are recorded systematically and accurately. it is done to check the correctness of the accounts provided by the companies in the financial accounts.

During the auditing of financial statements, auditor provides helps to the Certified Public Accountant by performing both the test of control and substantive tests.

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The way that disability payments be analyzed in order to calculate the customer’s ability to pay are:

In the calculation of how much a person can receive as your disability benefit, there is the use of SSA via the use of the average amount a person have earned per month over the timeframe of their adult years, and one adjusted for inflation.

One can do so by entering your typical annual income. and this income will be adjusted to know the wage growth over a person's career.

Note that The way that disability payments be analyzed in order to calculate the customer’s ability to pay are:

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Small businesses can motivate their workers without increasing costs by giving them performance appraisals

Performance appraisals comes from rating the performance of an employee.

This is done by looking into productivity of the individual over a period of time.

Therefore, Small businesses can motivate their workers without increasing costs by giving them performance appraisals

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Answer:

Rivalry between Coca-Cola and PepsiCo is not a form of warfare: it is a competitive oligopoly. We might even say it’s a duopoly because the two firms control almost the entire market for soda-flavoured colas.

Explanation:

Macie's loss is restricted to the amount in his checking account if she doesn't notify her bank the day after her card is stolen. Limited amount checking account notifies next day card stolen.

Consumers must inform the loss of an ATM card, PIN number, or online banking password within two days of receiving their bank statement that reflects the crime.

Therefore, consumers that misuse their credit cards are only liable for $50 in losses.

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Answer:

Create consumer demand.

Explanation:

Advertising helps promote your product so people will want to buy it.

Wells Technical Institute's method of recording unearned revenues and prepaid expenses into its balance sheet accounts is known as an accrual method of accounting.

A method of accounting in which the payments and the receipts for a business are recorded in the books of accounts at the time they are due, but not yet received, is known as the accrual method of accounting.

Hence, the significance of accrual method is given above.

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The annual sales for Stacky Corp. at for the year 2017 will amount to $3,000,000.

The total amount of products sold throughout a financial year by a corporation is known as the annual sales of such corporation.

Using the given information, it can be ascertained that:

Debt-to-Equity Ratio of 0.5 and liabilities of $500,000 means that firm's assets will be, $1,000,000. Calculating further,

[tex]\rm Asset\ Turnover\ Ratio = \dfrac{Sales}{Assets}[/tex]

Using the given formula, it can be ascertained that the total annual sales of the Stacky Corp for the year 2017 will be $3,000,000.

Hence, the annual sales of the corporation is calculated as above.

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One thing that is not a major concern for socially responsible consumers is tax deductions.

These are people who worry about the impact of their consumption on people. As a result, they call for better labor conditions and for equitable use of resources.

They do not care much for tax deductions because they simply want a better life for others.

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The Sarbanes Oxley act is related to the reform of corporate financial reporting and the accounting profession. This act is also known as SOX.

What are the Key provisions of SOX?

Following are key provisions of SOX:

Thus, the SOX act is related to the reforms for corporate financial reporting and the accounting profession.

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Answer:

A. Encouraging them to produce standardized goods

Answer:

Your answer is A. development directors

Hope this helps!

An effort to improve the ways people, machines, and systems accomplish work is known as total quality management.

TQM is defined as a system of management in which is a firm has focused on the customer in which all employees participate in continuous improvement. It integrates quality into the culture and brings improvement through strategy, data, and effective communication.

It helps to reduce the cost of activities by improvising them effectively with techniques. This will leads to an increase in the productivity of workers. When the productivity is high, the deadlines will be achieved completely resulting in optimum utilization of resources.

It helps in formulating strategies for improvement and works for effective decision-making to transform the process of business. It will help to effectively communicate with the employees to improve their efficiency and boost their morale.

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The discounted payback period does account for the time value of money, and the payback period does not.

A method of capital budgeting used for determining a project's profitability is known as discounted payback period. This will be done by recognizing the time value of money and by discounting cash flows of the future.

The payback period is the amount of time it takes for an asset's net cash flows to pay back the amount invested in it. It's a quick and easy technique to assess the risk of a given project.

The advantage of this method is utilized in selecting the projects as this method helps to determine the profitability of any project by identifying measures to reach the break-even point in any project.

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Positive economics avoids value judgments, tries to establish scientific statements about economic behavior, and deals with actual economic events.

Positive Economics is objective and statements are usually based on facts and economic theory. They can be tested.

For example, when the price of a good increases, it is expected that if the good is a normal good, the quantity demanded would decline. This is an example of positive economics.

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In Financial accounting, closing entries: D. must be journalized and posted.

Closing entries can be defined as journal entries that are made at the end of an accounting period and it involves the transfer of financial data from temporary accounts to permanent accounts.

In Financial accounting, it is a general rule that all closing entries must be journalized and posted at the end of an accounting period.

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The best advice that the HR manager should give the supervisor for delivering performance feedback is that he should give employees a chance to complete a self assessment ahead of time.

It should be noted that performance feedback is simply used in an organization to evaluate the performance of the workers.

In this case, the best advice that the HR manager should give the supervisor for delivering performance feedback is that he should give employees a chance to complete a self assessment ahead of time.

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Answer:

OD is the answer because a liability can become an asset once paid

An advantage of reimbursing the liability is that it becomes an asset when it is being paid.

Option D is correct.

An asset is the monetary resource of a company which is acquired so that the company would get the maximum benefits in the near future. It is the secondary part of balance sheet which is further classified into two parts namely, current and non-current assets.

Liability is referring to the obligation of a company regarding which the repayment would be done after a certain period of time. In order to repay the liabilities like short-term and long-term borrowings, the assets which can be easily converted into cash are being considered. For instance, the amount due from debtors is a current liability and when it is paid, then it is considered to be a current asset.

Therefore, the advantage written in option D is correct.

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