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shusha [124]
1 year ago
8

The ____ is a type of operational plan that saves managers time because it is created once and then used repeatedly to handle fr

equently recurring events.
a. standing plan
b. forecast
c. single-use plan
d. options-based plan
e. budget
Business
1 answer:
vagabundo [1.1K]1 year ago
5 0

Answer:

a. standing plan

Explanation:

operational plan make a room for strategy plan it give clear picture of the goals to be accomplished as well as the objectives and the task behind it to the personnel in an organization. It is an implementation of strategies.It should be noted that standing plan is a type of operational plan that saves managers time because it is created once and then used repeatedly to handle frequently recurring events.

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Microsoft and a smaller rival often have to select from one of two competing technologies, A and B. The rival always prefers to
Mrrafil [7]

Answer:

True

Explanation:

Microsoft matrix along with his rivals. There are two ways to use the technology. Microsoft and its rival can move simultaneously. The equilibrium strategy can be determined y pay off matrix. The both companies use pure strategy. The criteria for pure strategy is max-min and min-max. The max-min strategy means select least case from all the best cases and min-max is selecting the best case from all the least cases.

4 0
2 years ago
According to the Security Risk Management: Building an Information Security Risk Management Program From the Ground Up textbook,
Minchanka [31]

Answer with Explanation:

<u>Risk which can’t be mitigated</u>: The risks that the share price would fall due to sudden political environment instability or events that effects the economy will definitely affect the business operations as well. Thus are the risks that can not be mitigated at all. Another example would be Corona virus implications on the operation of the company which is again a risk that can't be mitigated.

<u>Risks, that aren’t worth the effort to reduce the exposure any further: </u>

The part of the sentence talks about the risk exposure which says that if the company doesn't resides in an area which is not prone to seismic activity and the chances of earthquake in a country is below 0.000001% which is almost negligible but still it is worthless to purchase the earthquake insurance. As this risk is almost negligible hence it is not worth the effort to reduce the exposure any further.

<u>Risks that wouldn't be addressed in short term due to other priorities: </u>

The risks that will not occur in the next 12 month, can be addressed after 6 months and thus allowing the company to prioritize the risks that must be resolved first. This means that if their is a risk that one of our several products that would be launched after 12 months from now will not be winning customer market can be addressed after 6 months because it is dependent on our future action. If we don't launch our product, our product is not rejected by the customer. Hence situations like this allows us to prioritize our risks.

5 0
2 years ago
​Nourishmix, Inc. manufactures food processors. The target sales price is​ $420 per unit. The company desires a​ 30% net profit
jasenka [17]

Answer:

C. $294

Explanation:

The computation of the  company's target full - product cost per unit is shown below:

= Target sale price - target sale price × net profit margin

= $420 - $420 × 30%

= $420 - $126

= $294

Simply we deduct the targeted net profit from the targeted sales price so that the accurate target full - product cost per unit can come.

7 0
2 years ago
Blue Dingo uses a standard costing system. The company's standard costs and variances for direct materials, direct labor, and fa
Dafna1 [17]

Answer:

Actual Direct material cost = $81,500

Actual Direct labor cost = $187,500

Actual manufacturing overhead = $272,000

Explanation: kindly see attached picture for detailed explanation.

Variances ; Standard Cost Unfavorable Favorable Direct materials $ 80,000 Price variance $ 4,500 Quantity variance $ 3,000 Direct labor 184,000 Rate variance 2,700 Efficiency variance 6,200 Manufacturing overhead 271,000 Spending variance 4,000 Volume variance 5,000 Determine the actual costs incurred during the month of May for direct materials, direct labor, and manufacturing overhead.

7 0
2 years ago
Read 2 more answers
Explain the steps that should be taken by an internal accountant/CMA when there is a difference of opinion with one's supervisor
Firdavs [7]

Answer:

1. Understand difference in the reporting manner for Management Accountants and Financial Accountants.

2. Refer to Company policy documents and International Reporting Standards to clearly expose the difference.

3. Consult with other co-workers on who the information is intended and agree on whose opinion to base the reporting.

Explanation:

Management Accountants or CMA prepare Financial Statements for Management use and there are no Statotory or Strict guidelines on how these  statements are prepared.

Whilst Financial Accountants prepare Financial Statements for External reporting and have to abide by the Reporting Standards (either GAAP or IFRS).

So, they will be always be differences in the manner of reporting.

The solution is to understand the user of those statements that are being prepared and <em>take the opinion that meets those users needs</em>.

6 0
2 years ago
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