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Alex17521 [72]
2 years ago
3

When interviewing an applicant for a position as financial director of the city's symphony orchestra, the recruiter is overwhelm

ed by the fact that the applicant was a professional musician with a prestigious European orchestra for 10 years. The recruiter is suffering from the :
a) halo effect
b) similarity bias
c) favorable emphasis
d) the dominant trait error
Business
1 answer:
pychu [463]2 years ago
3 0

Answer: a. Halo effect

Explanation: The halo effect is an inclination for an impression created in one area to influence an opinion in another area. In this type of cognitive bias our overall impression of a person influences how we feel and think about their character. This is exactly what the is experiencing. When our overall impression about the person (or something, or area) is positive (usually inferred from small amounts of information), we will tend to assume that all of their traits will be positive. Same is true for negative impressions. The reason why people experience the halo effect is due to the fact that once an initial impression is formed about something or someone we often try to prove that that impression is right. This action serves a major function, it gives the person who formed that impression a positive feeling of accomplishment.

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Kite Corporation has provided the following contribution format income statement. Assume that the following information is withi
laiz [17]

Answer:

40%

Explanation:

Contribution margin = Contribution ÷ Sales × 100

= 72,000 ÷ $180,000 × 100

= 0.4 × 100

= 40%

Please not that other information given in the question are not relevant in arriving at the contribution margin ratio hence will be ignored.

3 0
2 years ago
Journalize the following transactions for Lucite Company. Assume 360 days per year.
yawa3891 [41]

Answer:

a.

Date               Account Title                                       Debit                 Credit

Nov. 14           Note Receivable                               $4,800

                       Accounts Receivable                                                 $4,800

b.

Date               Account Title                                       Debit                 Credit

Dec, 14           Interest Receivable                             $56.40

                      Interest revenue                                                         $56.40

<u>Working </u>

= 4,800 * 9% * 47 days / 360

= $56.40

47 days is number of days from Nov. 14 to December 31.

c.

Date               Account Title                                       Debit                 Credit

Feb. 12           Cash                                                   $4,908

                      Interest receivable                                                          $56.40

                      Interest revenue                                                              $51.60

                      Notes Receivable                                                           $4,800

<u>Working:</u>

Cash = 4,800 + (4,800 * 90/360 * 9%)

= $4,908

Interest revenue = Cash - Interest receivable - Notes receivable

= 4,908 - 56.40 - 4,800

= $51.60

4 0
2 years ago
Marjorie Knaus, an architect, organized Knaus Architects on January 1, 2018. During the month, Knaus Architects completed the fo
melamori03 [73]

<u>The Unadjusted Balance of Trial Balance is $82,350.</u>

<u>The Net Income for January 2018 is $21,300.</u>

Further Explanation:

1. and 2.

Please  refer to attached Table: (1) for T-accounts and their balances.

3.

For computation of Unadjusted Balance of Trial Balance, please refer to attached Table: (2)

The balance of unadjusted  trial balance is $82,350.

4.

For computation of Net Income for January 2018, please refer to attached Table: (3)

The net income for January 2018 is $21,300.

Learn More:

1.      Learn more about the goal of the budget

       brainly.com/question/1226004

2.      Learn more about the profit margins

        brainly.com/question/10218300

3.      Learn more about the large expenditure

        brainly.com/question/7744644

Answer details:

Grade: Middle School

Subject: Accounting

Chapter: Journal Entry and Trial Balance

Keywords: T- Account transactions, net profit, net loss, journal entry, trial balance, ledger accounts, unadjusted balance, miscellaneous expenses, rent expense, blue print expense, salary expense, automobile expense, prepaid expenses, supplies, accounts receivable, accounts payable, equipment, notes payable, common stock, professional fee, cash account, other ledger accounts, debit balance credit balance.

5 0
2 years ago
Jules Sylvester had always loved reptiles. When he was asked by a movie producer if he could locate some anaconda snakes for a m
PSYCHO15rus [73]

Answer:

The correct answer is letter "B": Sole proprietorship.

Explanation:

A Sole proprietorship is a type of business with a single owner who runs the business and is fully liable for all the transactions of the company. Sole proprietorships are typically self-funded by the owners and are easy to create since there are not many government regulations on this type of organization and are easy to dissolve as well.

6 0
2 years ago
A company needs to locate three departments (X, Y, and Z) in the three areas (I, II, and III) of a new facility. They want to mi
sp2606 [1]

Answer:

The correct answer is option (A) $2,600

Explanation:

Given data;

The data given can be tabulated below for easy understanding

Pairs                        Flow         Distance          Flow distance

X-y                              30            20                     600

Y-Z                            280             10                     2800

Z-X                            180             10                      1800

Total flow = 600 +2800 + 1800 = 5200

To calculate the total weekly cost, we use the formula;

Total weekly  cost is =  Total flow * Cost of per load

                                    = 5200 *0.5

                                     $2,600

5 0
2 years ago
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