BUSINESS HIGH SCHOOL

Which of the following topics would not appear in a company policy handbook?a. online job sites
b. performance reviews
c. medical and family leave
d. standards of conduct

Answers

Answer 1
Answer: A. online job sites 
because most company handbooks have performance reviews, medical ad family leave and standards of conduct. 
Answer 2
Answer: It should include D, C, and B. Not online job sites.

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What is the definition of creative command

Answers

Answer:

Explanation:

a set of various licenses that allow people to share their copyrighted work to be copied, edited, built upon

____________ refers to a consolidated network of business leadership whose concerns go beyond narrow decision-making within single firms to include the development of corporate power in broader social and political institutions. This mode of capitalism is also based on the practice of corporations holding shares in other firms. a. Institutional capitalism
b. Welfare capitalism
c. Family capitalism
d. Managerial capitalism
e. Post-Fordism

Answers

Answer:

A. Institutional Capitalism

Explanation:

Institutional capitalism is the phenomenon whereby large institutions holds large share of the capitalistic enterprise. Capitalism in itself has to do with private companies having their own ownership of the production process. In this case, the capitalistic enterprise is done on the basis of institutional shareholding.

In the context of the vertical structure of a firm, the number of subordinates who report directly to an executive or supervisor is known as th

Answers

The answer is SPAN OF CONTROL. It is the number or of subordinates that directly reports to to the executive supervisor, leader or a manager. Span of Control is the term used commonly in business management and is more commonly used in human resource management.

You earn 420 per week. You pay social security taxes of 7.65% federal taxes of 22% and state taxes of 5.95% What is your take home pay?

Answers

Security taxes = 7.65% of 420 = 0.0765 x 420 = 32.13. Federal taxes = 22% of 420 = 0.22 x 420 = 92.40 and state taxes = 5.95% of 420 = 0.0595 x 420 = 24.99. Total amount deducted for taxes = 32.13 + 92.40 + 24.99 = 149.52. Take home pay = earnings - deductions = 420 - 149.52 = 270.48
Hope this helps. Let me know if you need additional help!

Based on new information gained during an audit of a nonissuer, an auditor determines that it is necessary to modify materiality for the financial statements as a whole. In this circumstance, which of the following statements is accurate? A. The auditor is required to reperform audit procedures already completed on the audit using the revised materiality.
B. The auditor should consider disclaiming an opinion due to a scope limitation.
C. The revision of materiality at the financial statement level will not affect the planned nature and timing of audit procedures, only the extent of those procedures.
D. Materiality levels for particular classes of transactions, account balances, or disclosures might also need to be revised.

Answers

Answer:

The correct answer is D. Materiality levels for particular classes of transactions, account balances, or disclosures might also need to be revised.

Explanation:

The need for less materiality for significant account / disclosure may occur infrequently; however, it may be appropriate in certain circumstances. The materiality of performance related to a lower materiality for the significant account / disclosure is set to reduce to an adequately low level the probability that the sum of the errors not corrected and not detected in that significant account or particular disclosure exceeds the materiality Minor account / significant disclosure.

We must document the minor amount of the materiality of the significant account / disclosure, if applicable, for each specific significant account or disclosure and the factors considered in its determination.

Materiality Modification

The materiality for the financial statements taken together (and, if applicable, the lower materiality for the significant account / disclosure) may be modified as a result of:

  1. A change in circumstances that occurred during the audit.  New information, or
  2. A change in our understanding of the entity and its operations as a result of performing additional audit procedures.

The 2016 financial statements of BNSF Railway Company report total revenues of $19,829 million, accounts receivable of $1,272 million for 2016 and $1,198 million for 2015. The company’s accounts receivable turnover for the year is: Select one: A. 17.0 times B. 8.9 times C. 16.1 times D. 17.9 times E. None of the above

Answers

Answer:

C. 16.1 times

Explanation:

Accounts receivable turnover ratio  = Credit sales ÷ average accounts receivable

where,  

Average accounts receivable = (Opening balance of Accounts receivable + ending balance of Accounts receivable) ÷ 2

= ($1,198 + $1,272) ÷ 2

= $1,235 million

And, the net credit sale is $ 19,829 million  

Now put these values to the above formula  

So, the answer would be equal to  

= $19,829 million ÷ $1,235 million

= 16.1 times
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