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2 years ago

Explain the difference between managerial contingency and task contingency.scribd

2 answers:

7 0

Answer: Managerial contingency outlines plans and steps to take in the event of management or system failure, while task contingency outlines the plans and steps to taken in the event of task failure.

Explanation: From the definition of contingency, we know that it translates to something that may or may not happen, and how to prepare in the event that one occurrence or another takes place.

Therefore we will define Managerial contingency as the preparedness for the outcome of having a managerial problem or system failure. Hence, knowing this could happen will lead to being prepared for any possible outcome.

Task contingency on the other hand takes into consideration the fact that a particular task might go awry, and this will lead to the preparedness regarding any possible outcome. This means that there are steps outlined to be taken in the event of the failure of a task.

Therefore, the difference between Managerial contingency and task contingency is that while managerial contingency outlines the plans and steps to be taken in the event of the failure of the management or system, task contingency outlines the plans and steps to take in the event of the failure of a particular task or tasks.

Bad White [126]2 years ago

6 0

Answer: Managerial Contingency leads to preparedness in the case of a disaster, emergency, or system failure while a task contingency is a task that is carried out in the event of failure of another task.

Explanation:

Managerial Contingency leads to preparedness in the case of a disaster, emergency, or system failure. Managerial contingency uses risk assessment and its aim is to identify threats and vulnerabilities and implement countermeasures to avoid an incident or curtail its impact in case it happens. Planning for disaster recovery and operational continuity and are vital components of managerial contingency.

For task contingency, it has to do with a task to be accomplished in the event of another task when the other task cannot be completed successfully. Every task has at most one, specific and unique contingency that is pre-planned. A task contingency then has its own contingency to be done in the event of failure.

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Kota Toy Corporation manufactures lizard dolls in two departments, Molding and Assembly. In the Molding Department, plastic is i

noname [10]

Answer:

c.) 82,000

Explanation:

We know that,

The ending work in progress units = Beginning work in process inventory + Units started in production - Units completed and transferred

7,000 dolls = 4,000 dolls + Units started in production - 79,000 dolls

7,000 dolls = -75,000 dolls + Units started in production

So, Units started in production = 75,000 dolls + 7,000 dolls

= 82,000

5 0

2 years ago

Compute whiz company's adjusted cash balance per books based on the following information:

Romashka [77]

Hey there!

Beginning: $4,200

Deposit in transit: not counted for ACB

Check printing charge: -$20

Note collected by bank of whiz: -$1,600

4,200 - 20 - 1,600 = 2,580

Adjusted cash balance = $2,580

Hope this helps!

6 0

2 years ago

Anderson Corporation predicts that this year's sales will total $7,500,000. The selling price for their product is $62.50 per un

Yakvenalex [24]

Answer:

$2,685,000

Explanation:

Sales = $7,500,000 ÷ $62.50

= 120,000 units

Contribution = Sales - Variable cost

= $7,500,000 - (120,000 × $38)

= $7,500,000 - $45,60,000

= $29,40,000

Net income (after taxes) = $165,750

Net income before taxes and interest:

= Net income (after taxes) × (100 ÷ 65)

= $165,750 × (100 ÷ 65)

= 255,000

Therefore,

EBIT = Contribution - Fixed cost

255,000 = $29,40,000 - Fixed cost

Fixed cost = $29,40,000 - 255,000

= $2,685,000

6 0

2 years ago

Your portfolio has a beta of 1.28. The portfolio consists of 35 percent U.S. Treasury bills, 31 percent Stock A, and 34 percent

Zarrin [17]

Answer:

2.85

Explanation:

U.S. Treasury bills are a risk-free asset, and thus have a beta of zero. Since Stock A has a risk-level equivalent to that of the overall market, its beta is one. Therefore, the beta for Stock B can be found by:

$1.28=0.35\beta_{T}+0.31\beta_{A}+0.34\beta_{B}\\1.28 = 0.35*0+0.31*1+0.34\beta_{B}\\\beta_{B}=\frac{1.28-0.31}{0.34}\\ \beta_{B}=2.85$

The beta of Stock B is 2.85.

6 0

2 years ago

A private not-for-profit entity is working to create a cure for a disease. The charity starts the year with one asset, cash of $

BARSIC [14]

Answer and Explanation:

Net assets:

Donor without restrictions $488400

Donor with restrictions. $320100

Liabilities:

Notes payable. $250000

Salaries payable. $5000

Deferred revenue $27500

Donated amount in separate entity $10000.

$1101000

Assets:

Cash $738000

Equipment $280000

Receivables $83000

$1101000

Notes:

1. Cash.

Beginning cash $700,000

contributions $210,000

less salaries $80,000

less equipment purchase $50,000

Membership dues $30,000

Add contribution $10,000

Add investment income $13,000

less advertisement pay $2,000

less pay for supplies $93,000

2.Pledges receivable:

$78,000 plus the $5,000 in interest for period

3. Equipment. acquired equipment at $300,000 during the year.

4. Accumulated Depreciation: depreciation amounted to $20,000 for the equipment purchased till date.

5. Deferred Revenue: deferred revenue amounts to 27500 in membership dues since they've only earned 1/12 of the $30000 in exchange transactions.

6. Notes Payable: amount accrued for equipment

7. Salaries Payable: salaries owed employees as at end of the year

9. Donated Amount in Separate Entity. The organization does not hold variance powers for the amount contributed by a donor and so it's a liability

4 0

2 years ago