jordan corporation produces products x and y from a single input in a joint production process. total joint processing costs are $200,000.

The issue-based model is essentially an upgrade to the fundamental model. The issue-based model is more dynamic and used by established businesses to create plans that are more comprehensive.

To begin, conduct a SWOT analysis to determine the opportunities, threats, strengths, weaknesses, and opportunities.

What is strategic planning based on issues?

Young or resource-constrained organizations benefit most from issue-based planning. As a first step, the leadership team or stakeholders determine the major issues and objectives. Your organization will then develop action plans to deal with the issues, including how to allocate the budget.

How does issue-based analysis work?

Tactic managers frequently use the Issue-Based Strategic Analysis Model, one of the most important planning models, to identify and address various organizational issues. The organization is able to evaluate a variety of issues and put new strategies into action by making use of this model.

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Marlin and Teri are eligible to deduct $11,300 for taxes paid on Schedule as Itemized Deductions. Thus, the correct answer is option B.

Itemized deductions are eligible expenses that individual taxpayers can claim on federal income tax returns to reduce their taxable income and are claimable in lieu of a standard deduction, if available, under US tax law.

The given data of taxes they paid in 2021:-

State income tax                   $4,800

State balance due for 2020 $900

Personal property taxes        $750

Real estate taxes                  $5,750

Allowed Itemized Deductions:

State income tax                    $4,800

Personal property taxes,        $750

Real estate taxes,                  $ 5,750

Total itemized deductions     $11,300

Therefore, $11,300 is the amount Marlin and Teri eligible to deduct for taxes paid on Schedule A.

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There are two types of cell references: relative and absolute.

When copied and filled into other cells, relative and absolute references act in various ways. A formula relative references are altered when it is transferred to another cell. Contrarily, regardless of where they are duplicated, absolute references stay true.

All cell references are by default relative references. They modify based on the relation between rows and columns when replicated across many cells. For instance, the formula =A1+B1 will become =A2+B2 if you transfer it from row 1 to row 2. When you need to repeat the same computation over numerous rows or columns, relative references are extremely useful.

When filling up cells, there may be situations when you don't want a cell reference to change. Absolute references don't change when copied or filled in, in contrast to relative references. To maintain the consistency of a row and/or column, utilize an absolute reference.

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Credit restricted line credit insurance, limited lines and casualty insurance. Insurance on the title.

Insurance is a tool for risk management. You get protection against unforeseen financial losses when you purchase insurance. If something unpleasant happens to you, the insurer reimburses you or someone else of your choosing.

It provides you with financial assistance from the damage and losses. By enlisting the assistance of several people who are prepared to pay to accept their risks, all insurance coverages fulfill the essential purpose of avoiding damage to the insured. The fund is also used to generate capital through market investing.

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Running profits the use of the contribution margin layout income statement  is calculated as. sales - variable expenses = contribution margin - constant expenses.

The required details about income statement is mentioned in below paragraph.

An income statement is one of the 3 important monetary statements used for reporting a organisation’s monetary overall performance over a selected accounting period. The different key statements are the stability sheet and the coins go with the drift announcement.

The income statement specializes in the sales, expenses, gains, and losses of a organisation at some stage in a selected period. Also called the earnings and loss (P&L) announcement or the announcement of sales and expense, an profits announcement affords treasured insights right into a organisation’s operations, the performance of its management, underperforming sectors, and its overall performance relative to enterprise peers.

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The amount of drug received at the research site needs to be tracked when accounting for investigational drugs, and record-keeping of the same. Therefore, the option B holds true.

The process of record-keeping can be referred to or considered as the process that involves the safekeeping of relevant records, mostly in the chronological order of their occurrence. The data created out of record-keeping may be sought as an important evidence of transactions that have taken place within the organization.

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Complete question

when accounting for investigational drugs, which of the following statements is true of investigator record keeping?

A. Investigators do not need to account for investigational drug.

B. The amount of drug received at the research site needs to be tracked.

C. Amount of drug used at the research site is not important to track.

D. Amount of drug on hand includes drug that is not used in the study.

A firm has an operating cycle of 120 days, an average collection period of 40 days, and an average payment period of 30 days. The firm's average age of inventory is days is 80.

Average inventory age=operating cycle - average collection period

=120-40

=80 days

What is average age of inventory?

The typical number of days it takes a business to sell off its inventory is known as the average age of inventory. Analysts use this indicator to assess the effectiveness of sales. Days' sales in inventory are another name for the average age of inventory (DSI).

How can you figure out how old an organization's inventory is on average?

The cost of goods sold (COGS) for the time period is divided by the average inventory balance, and the result is multiplied by 365 days to determine the average age of the inventory. Over the course of a year, the average age of inventory is computed.

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Droughts can affect food supply, shortages of drinking water and poor quality drinking water.

What does Drought means?

Drought is a period of unusually dry weather that leads to a shortage of water and below-average crop yields. It is caused by a combination of low levels of precipitation, high temperatures, and other environmental factors such as wind and humidity. Drought can have significant impacts on agriculture, wildlife, and human populations.

What does Agriculture  mean?

Agriculture is the science, art, and practice of cultivating the soil, producing crops, and raising livestock for human consumption and other uses. It involves the management and care of the land, crops, animals, and machinery used in farming. Agriculture is also used to refer to the collective methods of producing food, fiber, and other goods through farming and forestry.

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If accrued obligations increased over the period, the change is included in the operating cash flows calculated using the indirect approach.

The indirect approach modifies the operating section of the cash flow statement from the accrual method by using increases and decreases in balance sheet line items. Using the indirect technique, net income from an organization's income statement is first subtracted to determine cash flow from operating operations.

To reiterate, on the cash flow statement, an increase in receivables shows a drop in cash, and a decrease in it shows an increase in cash. In order to calculate the amount of cash created, the statement of cash flows is prepared indirectly by adjusting net income for changes in balance sheet accounts.

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The real interest rate expected by the lender was 5%.

Define nominal interest rate?

It is the specified interest rate that is earned or paid by the investor or lender. Therefore, if you as a borrower receive a $100 loan at a rate of 6%, you can anticipate paying an interest fee of $6. Inflation has been accounted for by marking up the rate. The nominal interest rates for short-term loans are determined by central banks.

Lenders were anticipating a real interest rate of 5%. According to this formula, the nominal interest rate I = R + h) is roughly equal to the real interest rate plus the inflation rate.

Therefore, The periodic interest rate is multiplied by the number of periods in a year to create the nominal interest rate, often known as an annualized percentage rate or APR.

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The relationship between the money supply, money velocity, and price level is depicted in the equation of exchange. M stands for the money supply, V for the velocity of money, and it is expressed as MV = PY.

How is the exchange equation used?

The relationship between money and nominal GDP as well as between money and price level is covered by the Equation of Exchange. Y is equal to real output or real GDP.

Who created the exchange equation?

The economist John Stuart Mill developed the equation of exchange. According to the equation, the entire value of products and services traded in an economy will always be equal to the total quantity of money that is exchanged.

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Seller's lab can use either the cost leadership, cost focus, differentiation leadership, or differentiation focus strategy among the types of competitive strategies available depending on the situation of the company.

A competitive strategy is a long-term marketing plan created by businesses to protect their position in the market and obtain a competitive edge.

There are four types of competitive strategies can be used depending on the situation and objectives of each company-

Therefore, Seller's Lab would choose the appropriate competitive strategy from the above-mentioned types of competitive strategies for going forward.

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One of the six traits identified by Kathleen Eisenhardt in regard to teams that engaged in healthy conflict is resolving issues without forcing consensus. The Option A is correct.

Some of the behaviors to observe when team conflict is healthy includes that the team members openly share their unique perspectives, open to listening to others different perspectives, debate about ideas and solutions rather than making personal judgements about others.

While the group harmony is a noble aim, a true unity comes when team members trust each other enough to discuss issues fully. When the members of team feel secure enough to express dissenting opinions, a firm foundation of trust results.

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Protecting property rights and enforce contracts  are consistent with the goal of increasing productivity and growth in developing countries.

Property rights are frequently defined as the ability to possess something, like land or a car, and dispose of it whatever one pleases. This, however, is but one component of property rights that emphasises the sole right to possession. The concept of property rights, which have evolved throughout ancient and contemporary history, from Abrahamic law to Article 17 of the Universal Declaration of Human Rights, is used in economics to specify how a resource or economic good is utilised and owned. Consequently, the owner of an apartment, for instance, has the authority to decide whether to rent it out and, if so, to whom. He or she also has the right to live there.

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In the Mercury Gate TMS, a shipping order (SO) represents the record of what a company has hired a carrier to move. The statement is true.

What is Mercury Gate TMS?

For shippers, 3PLs, brokers, and carriers worldwide, the MercuryGate TMS streamlines and centralizes the administration of freight transportation inside a single software platform to save time and money. To provide you visibility into every shipment, automate manual operations, and help you make better decisions based on delivery performance, the platform supports all forms of transportation, including ocean, air, rail, truckload, LTL, last mile, package, and intermodal.

You often have to pick between feature-rich systems that are challenging to implement and operate and TMS lite options that lack the ability to handle complexity in the transportation management system (TMS) industry. Through our special blend of strength and usability, Mercury Gate enables you to overcome that trade-off and generate ROI that rivals can't match.

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According to the earned value management (EVM) process, completing a critical task according to new client specifications would cause the project to go over budget, the project manager and client need to reassess the assumptions of a project.

TEVM offers more data than standard project tracking does. By responding to the query, "Have we reached where we want to be in the project?," it goes one step further. & When will this project be completed? It makes it easier to pinpoint our current position in the project and determine when it will be successfully completed. In order to respond to problems early on and keep the project on schedule, the value added strategy helps create greater visibility and control over the project operations. It promotes project visibility and accountability and enables clear communication of the tasks involved. Earned value management (EVM fundamental )'s tenet is that the value of a work product is equal to the quantity.

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The first step in the human resources planning process is to assessment of human resources needs for an organization.

The process of recruitment and staffing process undertaken by the middle level management is termed as Human resources planning process. It is major activity that related to selection of job for a right person to right place.

This process is very wide and might be time taking to select a right candidate, so that the staffing manager or Human resource executive shall follow below steps:

Therefore the primary function in HR planning process is assessment of the work-force that is required to be posted.

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Giving information to creditors and investors is the proper response. This does not fall under the purview of the management planning and control cycle.

What are the five stages of planning?

The strategic planning process includes five steps.

The four phases of this project management process are initiating, planning, executing, and closing. Between the executing and closing stages, some might also include a fifth "monitoring and controlling" stage.

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Sammy’s share of Zebra’s nonseparately computed income or loss is $28,000 and Sammy’s share of any Zebra long-term capital gain is $6,000.

Following is a calculation of Sammy's nonseparately computed income or loss and Sammy's shares in long-term capital gains:

Non-separate income = Operating income + Recapture revenue from Depreciation- Cost of Goods Sold- ADM Expense - Depreciation.

Non-separate income= $100,000 + $25,000 - $40,000 - $5,000 - $10,000  

Non-separate income= $70,000

Sammy's Share = Non separately income × Sammy Percentage

= $70,000 × 0.40

= $28,000

Sammy share in Long term capital gain

= $15,000 * 0.40

= $6,000

your question is incomplete but most probably your full question was

Zebra, Inc., a calendar year S corporation, incurred the following items this year. Sammy is a 40% Zebra shareholder throughout the year.

Operating income (sales) $100,000

Cost of goods sold (40,000)

Depreciation expense (MACRS) (10,000)

Administrative expenses (5,000)

§1231 gain 21,000

Depreciation recapture income $25,000

Short-term capital loss from stock sale (6,000)

Long-term capital loss from stock sale (4,000)

Long-term capital gain from stock sale 15,000

Charitable contributions (4,500)

a. Calculate Sammy’s share of Zebra’s nonseparately computed income or loss.

b. Calculate Sammy’s share of any Zebra long-term capital gain.

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Financial control refers to comparing actual dollar amounts with budgeted amounts after knowing the actual dollar amounts. Thus, option C is correct.

The methods, procedures, and techniques an organization uses to monitor and manage the use, allocation, and direction of its financial resources are known as financial controls.

Any organization's resource management and operational effectiveness depend on its financial controls.

Financial controls are the policies and process an organization develops to manage its financial resources effectively.

A set of guidelines for recording, evaluating, and reporting transactions are also included. It enables a business to make decisions about the usage, allocation, and direction of financial resources and to guarantee efficient financial management, productive output, and financial success.

Without it, operations, performance, and budgeting can all suffer. Financial controls are laws and practices intended to stop or catch fraud and accounting irregularities.

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Your question is incomplete; most probably, your complete question was this:

When the real dollar figures are known, and then these figures are compared to what was budgeted, this process is called

Multiple Choice

A the budget process.

B Both the budget process and the forecasting method are correct.

C The financial control process.

D The reimbursement method.

E The forecasting process

Answer:C

Explanation:

The focus of neoclassical economists when it comes to the economy A. in the long-run in the short-run.

According to neoclassical theory, the three variables of labor, capital, and technology lead to economic growth. Even though an economy has a finite amount of labor and capital resources, technology can nonetheless make a limitless contribution to growth.

Neoclassical economists tend to place a greater focus on long-term growth than on battling recessions because they think that the standard of living will ultimately be determined by long-term growth rather than by recessions, which they believe will pass in a few years.

This shows that the focus of neoclassical economists is the long run.

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It is completely true that the competitive advantage of an innovative strategy is directly related to the management capacity and the knowledge developed and shared

You can classify 7 strategies that must be implemented if you seek to obtain a business innovation:

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With the help of this loss and profit (P&L) statement template, you can calculate a company's net earnings for a certain time period by compiling its income and outgoings.

All the goods, merchandise, and supplies that a company keeps on hand in anticipation of selling them for a profit are referred to as inventory. Example: Only the paper will be regarded as inventory if a daily vendor utilizes a vehicle to distribute newspapers to clients. The car will be considered an asset.

The cost of products sold must be determined in order to calculate initial inventory (COGS). Add the value for the most recently ending inventory next, then deduct the cost of new inventory.

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Economies of scale are the cost advantages a company has as a result of increasing its output level.

A community's resource allocation is ultimately determined by a collection of connected processes of production and consumption collectively referred to as an economy. The production and consumption of goods and services in their entirety satisfy the needs of those who live and work there.

Every economy functions under a specific set of conditions and suppositions. The four main categories of economic systems are economy, centrally controlled economies, command economies, and market economies.

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Answer:In an audit, the IRS is simply questioning an item or items that you reported on your tax return. For example, the agency may question whether you actually reported all of your income, or claimed legitimate tax deductions. In most cases, you will need to provide additional documentation to support the item in question.

Explanation:

The actual rate of unemployment in 2010 was 10% while the natural rate was 5.8%.

What does Unemployment mean?

Unemployment is a term used to describe a person who is out of work or who is looking for work but is unable to find it. The individual may be unemployed or have lost their job and are looking for another but are unable to find suitable employment. Unemployment can also refer to a broader situation in which an economy lacks job opportunities.

What does Natural rate mean?

A theoretical rate of interest at which aggregate supply and aggregate demand for goods and services in an economy are equal is known as the "natural rate of interest." This rate reflects an economy's normal level of real output and employment and does not account for any government or central bank intervention. It is also known as the Wicksellian rate of interest or the equilibrium rate of interest.

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Prospect theory states that a person is more likely to persuade his or her supervisor of a business proposal phrased in terms of possible gains.

A mission statement and a purpose statement are both included in business presentations. The mission statement describes what you want your firm to accomplish. The objective statement explains why you wrote the business plan, for example, to get funds or to serve as a guide for business operations. A business plan outlines exactly what you intend to do with your company and how you intend to do it. This clarity of vision demonstrates to others that you have given the venture careful consideration. A business proposal explains in detail your aims, how you propose to do company, and what expenses and profit you may expect. A successful proposal demonstrates to the reader how you will mitigate these risks, such as having an attorney on retainer, obtaining various types of insurance, and regularly analyzing competitors' market positions.

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The option that  explains why individuals accept the risks of business ownership is B. The sense of self-satisfaction and independence

Business ownership can be described as the  legal control over a business which provide the owner the legal capacity to dictate the business operations and dealings however the major business ownership are  Sole Proprietorships, Partnerships as well as others.

However, Business risk  serves as the exposure a company or organization has to figure out which could bring about the lowering of its profits or cause it to go bankrupt , however the sources of business risk can be seen to be  varied but can range from changes in consumer taste  hence the state of the overall economy, and government rules and regulations.

Therefore, option B is correct.

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missing options:

A. The potential for learning how to be self-disciplined

B. The sense of self-satisfaction and independence

C. The challenge of seeking power

D. The desire to work fewer hours

Kaizen Budgeting can be used as a complement to both traditional and activity-based budgeting system.

Traditional Budgeting is a method of preparing the current year's budget using data from last year's budget as the base. The last year's budget will be adjusted based on the inflation rate, consumer demand, market situation, etc., before being use in the current year's budgeting.

Activity-Based Budgeting (ABB) is a budgeting approach that records, researches, and analyzes any cost-incurring activities. Every activities in the organization that incurs a cost is scrutinized for potential ways to create efficiencies. Budgtes will be developed based on these results. This approach does not take historical costs into consideration when creating a budget.

Kaizen Budgeting is a budgeting approach that continually improving processes and reducing costs. Kaizen Budgeting tends to yield gradual improvements over a long period of time. Kaizen Budgeting allows a company to drive down costs below their current levels on a continual basis. Kaizen focuses on finding little areas to be improved. Kaizen Budgeting adds qualilty on the final product through continuus improvement in processes and ends up reducing the average cost of production.

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Complete Question:

Which of the following is a budgeting approach that can be used as a complement to both traditional and activity-based budgeting systems?

a. Time-driven activity based budgeting (TDABB)

b. Master budgeting.

c. Kaizen budgeting.

d. Continuous-improvement budgeting.