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fiasKO [112]
2 years ago
3

Brainstorming is a very useful technique intended to help groups generate creative and novel ideas for solving problems. This ac

tivity is important because while brainstorming can be very effective if done properly, improper execution can stifle a group’s ability to make decisions.
True or False?
Business
2 answers:
Anon25 [30]2 years ago
6 0

Answer: True

Explanation: brainstorming is a method of problem solving in which members of a group contribute ideas spontaneously. It provides a quick means for tapping the creativity of a limited number of people for a large number of ideas thus creative and novel ideas can be applied to problem solving. However, it can limit independent thinking, is time consuming when not properly controlled and often stifle a group’s ability to make decisions sometimes due to pressure.

Vilka [71]2 years ago
4 0

Answer:

The statement is true. Brainstorming is a very useful technique intended to help groups generate creative and novel ideas for solving problems. This activity is important because while brainstorming can be very effective if done properly, improper execution can stifle a group’s ability to make decisions.

Explanation:

Brainstorming is a method aimed at solving problems or finding new ideas. There are a number of variants of brainstorming, including stop and go, turnaround, brainwriting and collective notebook. The underlying idea is that people in the group, based on the suggestions of others, will think more than they would think individually.

It is usually implemented by gathering a group of five to twenty people to work around a problem or a task. A basic idea is that the idea should run freely without being interrupted. The method is used in many areas, including product development and advertising.

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A company acquired an office building on three acres of land for a lump-sum price of $3,150,000. The building was completely equ
Furkat [3]

Answer:

$1,680,000

Explanation:

Based on the information given we were told that the fair value of the building was the amount of $1,680,000 which means that the amount that the company would record the building is the fair value amount of $1,680,000.

Therefore the amount that the company would record the building is $1,680,000.

6 0
2 years ago
Evelyn invests $5,000 in a savings account that pays interest at a rate of 6.7% compounded annually. If she withdraws half the i
My name is Ann [436]

Answer:

$371

Explanation:

The computation of additional interest during the fourth year is shown below:

but before that we need to do the following calculations

Amount = Principal × (1 + (rate of interest ÷ (1 × 100)))^(1 × number of years)

A = $5,000 × (1 + (6.7% ÷ (1 × 100)))^(1 × 3)

= $5,000 × (1 + (6.7 ÷ 100))^(1 × 3)

= $5,000 × (1 + 0.067)^3

= $5,000 × (1.067)^3

= 5000 × 1.214

= $6,070

Now, Interest gained after 3 years on the amount of Principal is

= $6,070 - $5,000

= $1,070

Here Evelyn issued interest which is half that is earned at the end of the 3rd year

Sp,

Half of the interest gained will be

= $1,070 ÷ 2

= $535

Now,

The new Principal amount for 4th year is

= $6,070 - $535

= $5,535

So, the final amount in the fourth year is

A = P × (1 + (r ÷ n))^(nt)

= $5,535 × (1 + 0.067 ÷ 1 ]^(1 × 1)

= $5,535 × 1.067

= $5.905.845

Hence the additional interest in the fourth year is

= $5,905.845 - $5,535

= $370.845

or

= $371

Therefore for computing the additional interest during the fourth year we simply applied the above formula.

8 0
2 years ago
Fizzzle Inc. sold a piece of equipment during the period for $230,000 and recorded a gain of $45,000 on the sale. How should thi
saw5 [17]

Answer:

The gain is subtracted from net income in the operating activities section

Explanation:

Given that

Sale value of an equipment = $230,000

And, the gain on the sale = $45,000

So by considering the above information

We can say that the Sale value of an equipment is shown in the investing activities as a cash inflow while the gain on the sale is to be subtracted from the net income in the operating activities and if there is a loss than it would be added to the net income

4 0
2 years ago
Which of the following is an incorrect statement regarding Bonus Depreciation? A. Bonus Depreciation is useful to very large bus
daser333 [38]

Answer:

C. Bonus Depreciation only covers new equipment.

Explanation:

Bonus depreciation is the depreciation provided on additional capital investment. This is depreciation for tax base calculation, where any purchase of eligible asset is depreciated extra that means the purchase price is allowed as standard deduction in first year of it's purchase.

There is no such primary condition that the asset shall be new equipment only.

Therefore, incorrect statement is C

8 0
2 years ago
Candid, Inc., is a manufacturer of digital cameras. It has two departments: assembly and testing. In January 2014, the company i
Lina20 [59]

Answer:

1) Unit Costs= Total Costs/ No of Units=  $ 321

2)The unit cost of an assembled camera in February 2014  $ 335

Explanation:

Candid, Inc.

Direct materials $800,000

Conversion costs, $805,000

Total manufacturing cost $1,605,000.

We find the unit costs by dividing the total cost with the number of units produced.

Units Produced 5,000

1) Unit Costs= Total Costs/ No of Units= $1,605,000 /5,000= $ 321

2)      Particulars         Units           % of Completion        Equivalent Units

                                                       D. Materials    C.C       D. Mat    C. Costs

       Production         4000         100                 100        4000           4000

<u>    Still in Process     1000           100                60           1000           600</u>

<u>Total Equivalent Units                                                       5000        4600</u>

We find the number of Equivalent units to find the exact costs incurred.

Feb Equivalent units for direct materials = 5000

Feb Equivalent units for  conversion costs = 4600

Direct materials costs per Equivalent units = $800,000 /5000= $160  

Conversion costs per Equivalent units = $805,000/4600= $ 175

2-b) The unit cost of an assembled camera in February 2014= $160  + $ 175= $ 335

3) There is a difference in the unit costs of 1 and 2 because  in situation 1  5000 units were completed and in situation 2 only 4600 units were completed with the same costs. There's a difference of $ 14 . The Feb costs are $ 14 more  because of the difference in number of units.

7 0
2 years ago
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