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grin007 [14]
2 years ago
8

One of the most important features of a filing and record keeping system is that it works for you and meets your needs

Business
1 answer:
Vlad [161]2 years ago
5 0

Answer:

True

Explanation:

Its key features include ;

Time saving ; it should allow faster filing and retrieval.

Cost saving- it should provide less likelihood of losing documents.

Expandability and flexibility -to meet everyone's needs in a firm; this feature makes the answer to the question true.

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Make-or-Buy Decision Somerset Computer Company has been purchasing carrying cases for its portable computers at a purchase price
madreJ [45]

Answer:

Differential analysis as at April 30

                                            Make (Alternative 1)  Buy (Alternative 2)

Purchase Price                                $0.00                     $24.00

Direct materials                               $8.00                       $0.00

Direct labor                                     $12.00                      $0.00

Variable Costs - Case related         $3.00                      $0.00

Total Cost                                       $23.00                    $24.00

Conclusion

Company should make carrying cases instead of purchasing as this is cheaper by $1.00

Explanation:

There is a choice to be made between Make (Alternative 1) and Buy (Alternative 2). Compute the Total costs for these choices.

Ignore the fixed overheads as they are the same for both alternatives and hence irrelevant.

Choose the alternative with lower costs.

3 0
2 years ago
According to the rule of 72, if the GDP of the Apex Federation is growing at 1.7% per year, its economy will double in approxima
ahrayia [7]

Answer:

C. 42 years

Explanation:

Rule 72 is used in finance and economics to estimate the number of years it will take for a given capital value to be doubled, given a given annual interest rate. In the case of GDP, the interest rate is replaced by the growth rate of the economy.

The formula for this rule consists of dividing 72 by the growth rate of the economy. The result will be the number of years for the capital value to double.

72 / growth rate = years to double

If the GDP growth rate is 1.7%, we have:

72 / 1.7 = 42.3 years

7 0
2 years ago
U.S. residents accounted for over 75 percent of cruise ship passengers, and U.S. ports had 8 million passengers leaving on cruis
Sergeeva-Olga [200]

Answer: External opportunity

Explanation:

External opportunities are legal, political, economical, social, technological, environmental and cultural factors that may benefit an organization. External opportunities are beyond the control the organization.

In the scenario illustrated, the act of terrorism in the United States on 11th September 2001, led to a growth in cruise travel. This is an example of external opportunity as the growth wasn't caused by an internal factor.

5 0
2 years ago
Barbara Muller Services (BMS) pays its employees monthly. The payroll information listed below is for January 2018, the first mo
Semmy [17]

Answer:

$13,296

Explanation:

Federal unemployment tax rate = 0.8% of 96,000 = 768

State unemployement tax rate = 5.4% of 96,000 = 5,184

Social security tax rate+medicare tax rate = 6.2%+1.45% = 7.65%

7.65% of 96,000 = 7,344

So total tax expense = 768+5,184+7,344 = $13,296

So answer is $13,296

5 0
2 years ago
Barbara solicits input from her subordinates before making decisions that will affect them. She often praises them for good work
stiv31 [10]

Answer:

Letter B is correct. <u><em>Participative.</em></u>

Explanation:

The participative leadership style is characterized by a leader whose focus is on including employees in most of the organizational decision making process. It is a type of leadership that prioritizes teams and their decisions are relevant to the point of establishing a majority vote in the company to assist in organizational issues and actions.

There are many added benefits in organizations that adopt a participatory leadership style, some of which are:

  • Greater acceptance of consensus-based practices and policies. Employees feel valued and motivated to achieve organizational goals because they feel they are part of the company's achievements.
  • Encourages employee creativity and collaboration in problem solving.
  • Decreases turnover and turnover costs as employees choose to stay with the company to see their plans assist in organizational success.
6 0
2 years ago
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