Answer:
1. a. Newspaper advertising
2. b. Headhunters
Explanation:
1. Newspaper advertising is the best source to hire as its a big number of positions and fill the vacancies according to the requirement of an organization.
2. Headhunters may be defined as it is the process of recruitment where a high-level position is fulfilled instead of entry-level. Headhunters are not appropriate to hire for entry-level positions.
Answer:
The correct answer to the following question is option D) Eliminate risk through application of ORM( which stands for operational risk management ).
Explanation:
Operational risk management can be defined as the continuous cyclical process which consists of risk decision, implementation of risk controls, risk assessment and risk decision making, which would help in mitigation, avoidance and acceptance of risk.
The four principle included in this are -
1) Accepting risk only when the benefits out weights the cost.
2) Anticipating and managing risk by proper planning.
3) Making right decisions at right time and at right level.
4) Anticipate no unnecessary risk.
Answer:
$21,370
Explanation:
A composite unit is a set of different products grouped together in proportion to their sales mix. The unit is a basis for grouping products from different segments of an entity together with the aim of managing inventory levels, break even points, and sales.
The selling price of the composite unit can be calculated as follows:
||Bicycle model |No. of bicycles |Unit selling price |Total per composite unit
|Youth models| 5 | 440 | 2,200
|Adult models| 9 | 990 | 8,910
|Recreational models| 6 | 1,140 | <u>10,260</u>
Selling price per composite unit <u>21,370</u>
Answer:
$61,500.
Explanation:
Given that,
Beginning cash balance on September 1 = $7,500
Cash receipts from credit sales made in August:
= $150,000 × 70%
= $105,000
Cash receipts from credit sales made in September:
= ($150,000 × 1.20) × 30%
= $54,000
Cash disbursements from purchases made in August:
= $100,000 × 75%
= $75,000
Cash disbursements from purchases made in September:
= $120,000 × 25%
= $30,000
Ending cash balance September 30:
= Beginning cash balance + Cash receipts from credit sales made in August + Cash receipts from credit sales made in September - Cash disbursements from purchases made in August - Cash disbursements from purchases made in September
= $7,500 + $105,000 + $54,000 - $75,000 - $30,000
= $61,500.
Answer:
No, he cannot
Explanation:
Under an insurance contract, the insured agrees to pay small amount regularly, known as insurance premium so as to avoid bearing unexpected, unforeseen huge amount of liability which may arise in the future. Such a loss is borne by the insurer i.e the insurance company.
In the given case, Ronald refused to purchase dental insurance initially and preferred repayment of his student loan. Since he did not hold any insurance at the time of accident/injury, he cannot enroll later for an event that has already occurred i.e the injury.
An insurance contract will now safeguard him against expenses on future accidents/ injuries but will not compensate him for the accident that has already occurred when he held no insurance.
