The statement "expectations about objectivity among bloggers and other social media users are lower" is true.What is objectivity?Objectivity is a term that describes the state of being unbiased. Objectivity is required in all fields of journalism and research since.
Bloggers are free to express their opinions on a topic, which may not be fact-based. While social media platforms may have rules in place to avoid the dissemination of false information, there is no assurance that all material presented on social media platforms is factual. As a result, expectations about objectivity among bloggers and other social media users are lower.
However, this does not imply that all bloggers and social media users are untrustworthy. It is up to the consumer to conduct their research and fact-checking, as well as to approach all material with caution. Conclusively, expectations about objectivity among bloggers and other social media users are lower, and it is advisable for readers to fact-check before believing or sharing any information from these sources. "True".
To know more about bloggers visit:-
https://brainly.com/question/29735514
#SPJ11
There is a one-year coupon bond($1,000 face value) which pays interest quarterly. The coupon rate is 6% and YTM is 8%.
A. What is Modified duration?
The modified duration of the one-year coupon bond with a face value of $1,000, quarterly interest payments, a coupon rate of 6%, and a yield to maturity (YTM) of 8% is approximately 0.966.
Modified duration is a measure of the bond's price sensitivity to changes in yield. It helps estimate the percentage change in the bond's price for a given change in yield. To calculate the modified duration, we use the formula:
Modified Duration = Macaulay Duration / (1 + YTM/n)
First, we calculate the Macaulay duration, which is the weighted average time until cash flows are received. For a one-year bond with quarterly payments, the Macaulay duration is approximately 0.965.
Next, we divide the Macaulay duration by 1 plus the yield to maturity divided by the number of periods per year (quarterly in this case). Plugging in the values, we find:
Modified Duration = 0.965 / (1 + 8%/4)
Simplifying the equation, we get:
Modified Duration ≈ 0.966
Therefore, the modified duration of the one-year coupon bond is approximately 0.966. This means that for every 1% change in yield, we can expect the bond's price to change by approximately 0.966%.
to learn more about coupon click here; brainly.com/question/18803974
#SPJ11
I have been approached to see if we can assist with the purchase of a 3.5 tonne Gross Vehicle Weight van. The money is in the budget, but before I go ahead, I would like your views, as I have been approached by a leasing company who have quoted me for this type of vehicle. They propose to charge us H$ 400.00 per month based on a 7-year contract at 24,000 kilometres per year. There is information in the MIS cost area that should be useful to you.
What are the risks for the company from?
Outright purchase
Lease
Contract hire
Hire purchase.
Short-term hire
Which option should we choose? Explain why.
Explain the implications for the cash flow of the company from the different options.
There are various risks for the company that are associated with the different types of options as listed below: Outright purchase: The risks for the company from outright purchase are that it can be a costly method of obtaining a van. It might have an impact on the cash flow of the company as the company will need to pay for the van upfront.
Lease: Leasing a vehicle can lead to less capital expenditure and risk. In this case, the leasing company will charge the organization a monthly fee for the use of the van and at the end of the lease, the van is returned.
Contract hire: In this case, the organization hires the vehicle for a fixed term and miles. It is a good option for a long-term rental and is easy to budget for. The contract hire agreement will determine what the monthly payments will be.
Hire purchase: The risks for the company from hire purchase are that the company is liable for the cost of the vehicle, which is paid over a longer period, and with interest. It can have a significant impact on the cash flow of the company.
Short-term hire: Short-term hire allows the organization to rent the vehicle for a short period. This option is beneficial when the organization needs a vehicle for a short period, and there is no long-term commitment.
Which option should we choose? Explain whyBased on the information provided, the company should choose to lease the vehicle. This is because leasing will allow the company to rent the vehicle for a fixed period and miles and the leasing company will be responsible for the maintenance of the vehicle. At the end of the lease, the company will return the vehicle, and the leasing company will bear the risk of the vehicle's resale value.Explain the implications for the cash flow of the company from the different options.
The implications for the cash flow of the company from the different options are listed below:
Outright purchase: The outright purchase of the van will result in the van being shown as an asset in the balance sheet. However, this will have an impact on the cash flow of the company as the company will need to pay for the van upfront.
Lease: Leasing will allow the organization to rent the vehicle for a fixed period and miles and the leasing company will be responsible for the maintenance of the vehicle. At the end of the lease, the company will return the vehicle, and the leasing company will bear the risk of the vehicle's resale value. Therefore, leasing will have a lesser impact on the cash flow of the company.
Contract hire: Contract hire allows the company to rent the vehicle for a fixed term and miles, and it is easy to budget for. The monthly payments are fixed, so the company can plan for the monthly outgoings.
Hire purchase: Hire purchase is a method of buying a vehicle over a longer period, with interest. The company will need to pay a deposit and monthly payments. It will have a significant impact on the cash flow of the company.
Short-term hire: Short-term hire allows the company to rent the vehicle for a short period. This option is beneficial when the company needs a vehicle for a short period, and there is no long-term commitment. This option will have the least impact on the cash flow of the company.
To know more about Outright purchase visit :-
https://brainly.com/question/30036868
#SPJ11
The Collin Corporation has a year end of December 31, 2020. Due to a hit to the economy during a global pandemic it has been determined that an impairment test needed to be performed.
The relevant data on the CGU for Collin Corp is as follows:
Carrying values:
Land $380,000
Building 1,100,000
Equipment 620,000
Goodwill 370,000
2,470,000
The fair values for the building, equipment and goodwill cannot be estimated. The fair value of the land is $500,000. Fair value of the CGU as a whole is $2,000,000.
Cash flows generated by the CGU for the next 9 years is $265,000 per year.
Costs to sell would amount to 7% of the fair values of the assets. The appropriate discount rate is 8%.
Required:
Calculate the impairment loss (if any) for the CGU. If there is an impairment loss for the CGU, allocate the loss to the assets of the CGU. No journal entries required just perform the calculations/allocations (6 marks).
If the Collin Corporation is a private entity subject to ASPE, calculate the impairment loss if any on the CGU (2 marks).
Collin Corporation's relevant data on the CGU is as follows: Carrying values :Land $380,000Building 1,100,000Equipment 620,000Goodwill 370,0002,470,000The fair value of the land is $500,000. Fair value of the CGU as a whole is $2,000,000.
Cash flows generated by the CGU for the next 9 years is $265,000 per year. Costs to sell would amount to 7% of the fair values of the assets. The appropriate discount rate is 8%.Required:Calculate the impairment loss (if any) for the CGU. If there is an impairment loss for the CGU, allocate the loss to the assets of the CGU.
Calculation of the impairment loss for the CGU:Firstly, we will calculate the recoverable amount of CGU. The recoverable amount of CGU is determined as the higher of the fair value of CGU less cost to sell and the value in use of the CGU.
The recoverable amount of the CGU is calculated as follows: Recoverable amount of the CGU = Max(Fair value less cost to sell, value in use) = Max([tex]$2,000,000-$172,900, $2,079,104) = $2,079,104[/tex]As the carrying amount of the CGU is higher than the recoverable amount of the CGU, an impairment loss has occurred.
To know more about value visit:
https://brainly.com/question/30145972
#SPJ11
Policy Examples (not all-inclusive)
Unemployment Insurance
Disability Insurance
Workers Compensation
Taxes on Retirement Savings
Health insurance (e.g., expansion of Medicaid)
Tax Cut and Jobs Act
Which could be a good topic among all these policy in Public Finance and Public policy.
The Tax Cut and Jobs Act is a significant tax reform that brings changes to the tax system, affecting individuals, businesses, government revenue, economic growth, income distribution, and social welfare.
A good topic in Public Finance and Public Policy among the listed policies could be "Tax Cut and Jobs Act."
The Tax Cut and Jobs Act is a policy that was enacted in 2017 in the United States. It made significant changes to the tax system, affecting individuals, businesses, and the overall economy. This policy is an important topic in public finance and public policy because it has wide-ranging implications for government revenue, economic growth, income distribution, and social welfare.
Some key points to consider when exploring the Tax Cut and Jobs Act as a topic in public finance and public policy:
1. Overview: Provide an overview of the Tax Cut and Jobs Act, including its goals, main provisions, and how it impacts different stakeholders such as individuals, businesses, and the government.
2. Economic Impact: Discuss the economic impact of the policy. For example, analyze how the tax cuts may stimulate economic growth, create jobs, and attract investment. However, also consider potential downsides, such as increased government deficits and the distributional effects on income inequality.
3. Revenue Effects: Examine the revenue effects of the Tax Cut and Jobs Act. Evaluate whether the tax cuts lead to increased government revenue through economic growth or if they contribute to budget deficits. Discuss how these revenue effects can influence public finance decisions and the government's ability to fund various programs and services.
4. Distributional Effects: Analyze the distributional effects of the policy. Assess how the tax cuts disproportionately benefit certain income groups or businesses and consider the potential implications for income inequality. Discuss how these distributional effects align with broader public policy goals of equity and social welfare.
5. Policy Evaluation: Critically evaluate the Tax Cut and Jobs Act as a public finance policy. Assess its effectiveness in achieving its intended goals and consider alternative approaches that could have been taken. Discuss the trade-offs and potential unintended consequences of the policy.
By exploring the Tax Cut and Jobs Act as a topic in public finance and public policy, you can gain insights into the complexities of tax policy, its impact on the economy and society, and the trade-offs involved in designing and implementing such policies.
To learn more about The Tax Cut and Jobs Act visit:
https://brainly.com/question/20397638
#SPJ11
Estimate the value of a loyal customer of a loyal Volvo automobile owner. Assume the contribution margin is 0.28, the purchase price is $68.000, the repurchase frequencr is every five years, and the customer defection rate is 30 percent. Do nct round intermediate calcudations. Found your answer to the nearest doliar.
The value of a loyal customer of a loyal Volvo automobile owner is $13,909.
Calculating the value of a loyal customer is the loyalty shown by regular customers toward a company.
VLC = P * RF * CM * BLC
Where:-
P is revenue per unit, RF is repurchase frequency, CM is contribution margin, BLC is buyer's life cycle
BLC = 1 / defection rate
Given
P = $68,000
RF = 1 / 6
CM = 0.27
BLC = 1 / 0.22
VLC = $68,000 * (1 / 6) * 0.27 * (1 / 0.22) = $18,360 / 1.32 = $13,909
The value of a loyal customer of a loyal Volvo automobile owner is $13,909.
The sum an investor pays for an investment is referred to as the purchase price, and that amount becomes the investor's cost basis for determining gain or loss when the investment is sold. Any commission or sales fees paid for the investment are included in the purchase price, and the weighted average cost is applied when buying the same asset more than once.
Investors compute realized gains or losses for tax purposes using the purchase price of an investment, and they record that activity on Schedule D of the IRS form 1040. If they sell all or a portion of their investment holdings, an investor must declare a realized gain. The investor has an unrealized gain or loss that is not recognized for tax reasons if they do not sell any securities.
Learn more about purchase price here:
https://brainly.com/question/29674359
#SPJ4
PROBLEM #4: worth 16 points Assume the following information for Tag Mountain Corp. Uncollectible accounts are expected to be \( 6 \% \) of the ending balance in accounts receivable). Requirement #2:
The uncollectible accounts for the year ended December 31, 2020 is $42,000.
Given information for Tag Mountain Corp.: Uncollectible accounts are expected to be 6% of the ending balance in accounts receivable Requirement.
#2: Calculate uncollectible accounts for the year ended December 31, 2020.Accounts receivable as at December 31, 2019, was $600,000; sales on account during 2020 were $3,000,000; cash collections from accounts receivable during 2020 were $2,500,000, and accounts receivable as at December 31, 2020, was $700,000.Solution: Calculation of Uncollectible accounts.
Uncollectible accounts are expected to be 6% of the ending balance in accounts receivable as at December 31, 2020.
Accounts receivable as at December 31, 2019 = $600,000.
Sales on account during 2020 = $3,000,000. Cash collections from accounts receivable during 2020 = $2,500,000,
Accounts receivable as at December 31, 2020 = $700,000.
Therefore, ending balance in accounts receivable as at December 31, 2020 = $700,000Uncollectible accounts for the year ended December 31, 2020 will be:Uncollectible accounts = 6% × Ending balance in accounts receivable= 6% × $700,000 = $42,000Therefore, the uncollectible accounts for the year ended December 31, 2020 is $42,000.
The calculation process is shown below:Uncollectible accounts = 6% × Ending balance in accounts receivable= 6% × $700,000= 0.06 × $700,000= $42,000.
Hence, the uncollectible accounts for the year ended December 31, 2020 is $42,000.
to learn more about uncollectible accounts.
https://brainly.com/question/30324781
#SPJ11
The equilibrium world price is NOT where Home demand + Foreign demand = Home supply + Foreign supply Home import demand equals Foreign export supply. Home demand + Home supply = Foreign supply + Foreign demand. Home demand - Home supply = Foreign supply - Foreign demand. World supply equals world demand.
The equilibrium world price is NOT where Home demand + Foreign demand = Home supply + Foreign supply.
The equilibrium world price is determined by the intersection of supply and demand in the global market. It is the price at which the quantity of a good demanded by all buyers in the world is equal to the quantity supplied by all sellers in the world.
In this context, the statement that the equilibrium world price is NOT where Home demand + Foreign demand = Home supply + Foreign supply is correct.
The equation Home demand + Foreign demand = Home supply + Foreign supply represents a condition known as global market equilibrium. It implies that the total quantity demanded by both Home and Foreign buyers equals the total quantity supplied by both Home and Foreign sellers.
However, this equation does not necessarily determine the equilibrium world price. The equilibrium price is determined by the interaction of supply and demand curves, which reflect the preferences and behaviors of buyers and sellers.
The equilibrium world price can be influenced by various factors such as changes in production costs, government policies, exchange rates, and global economic conditions.
Therefore, it is not solely determined by the simple equation of total demand equaling total supply.
The equilibrium price is found at the point where the quantity demanded equals the quantity supplied in the global market, taking into account the specific supply and demand curves for the particular good or service being considered.
Learn more about exchange here:
https://brainly.com/question/30461560
#SPJ11
Suppose that Debbie owns 100 shares and disagrees with the firm’s policy of maintaining a dividend
of 12, preferring instead to receive a lower payout than have her shares diluted. What could she do to
achieve her desired outcome?
The specific approach she takes will depend on her personal goals and beliefs about the company.
If Debbie disagrees with the firm’s policy of maintaining a dividend of 12, preferring instead to receive a lower payout than have her shares diluted, she could try to increase her voting power within the company and make her voice heard. She can advocate for her position during shareholder meetings, lobby other shareholders to vote in her favor, and even attempt to change the board of directors to better align with her interests. Additionally, she could sell her shares if she feels the company is not meeting her expectations in terms of dividend payouts. However, selling her shares might not be the best decision if she believes in the long-term potential of the company. In conclusion, Debbie could try to increase her influence within the company to achieve her desired outcome or sell her shares if she is dissatisfied with the dividend payout. The specific approach she takes will depend on her personal goals and beliefs about the company.
Learn more about company :
https://brainly.com/question/30532251
#SPJ11
please explain in detail
Sheila is a young dynamic sales representative working in Tim’s team. Tim, the supervisor is a star performer and an asset to the company. He is a married man and is having an extra marital affair with Sheila. Sheila does not know that Tim is married. Sheila approaches Tim to marry her but Tim refuses. On Tim’s refusal she tells him that she will file a sexual harassment case against him. Tim gets worried and writes an e- mail to his boss Jesse complaining about Sheila’s poor performance and asks him to transfer Sheila to another team. Sheila also writes an e mail to Jesse complaining about Tim’s sexual harassment and threatens him that she will go to the press/media and report the matter if Tim is not fired. Jesse keeps quiet and does not respond to both the mails and decides to talk to both Tim and Sheila personally. Both Sheila and Tim are not aware that Jesse has been approached by both through e-mails.
As Jesse how will you negotiate with Tim and Sheila. As Tim and Sheila how will you negotiate with Jesse. How does Power ,Influence and relationship impact this negotiation process.?
In this scenario, Jesse, the boss, needs to handle a complex situation involving Tim and Sheila. Both individuals have approached Jesse with their respective complaints.
To negotiate effectively, Jesse must carefully consider the power dynamics, influence, and relationships at play.
Jesse finds himself in a delicate situation, as both Tim and Sheila have made serious allegations and threats. To negotiate with Tim, Jesse needs to address Tim's concerns about Sheila's poor performance and explore alternative solutions to resolve the issue. Jesse can emphasize the importance of maintaining a harmonious work environment and the need for Tim's cooperation in finding a suitable resolution. By assuring Tim that his concerns will be addressed, Jesse can help alleviate his worries and build trust in the negotiation process.
When negotiating with Sheila, Jesse must address her allegations of sexual harassment. It is crucial for Jesse to create a safe and supportive environment for Sheila to express her concerns. Jesse should demonstrate empathy, actively listen to Sheila's grievances, and reassure her that the matter will be thoroughly investigated. By taking her claims seriously, Jesse can help Sheila feel heard and understood, which can contribute to a more constructive negotiation process.
Power dynamics play a significant role in this negotiation. Tim, as a star performer and an asset to the company, holds a certain level of influence and leverage. Jesse needs to acknowledge Tim's value to the organization and find a way to address his concerns without compromising the company's reputation. Similarly, Sheila's threat to go to the press/media introduces an element of power in her favor. Jesse must handle this delicately to avoid any damage to the company's public image.
Influence also plays a crucial role in the negotiation process. Jesse, as the boss, holds the authority to make decisions and affect the outcomes of the situation. He can leverage his position to influence both Tim and Sheila, encouraging them to seek a resolution that is mutually beneficial. By maintaining open lines of communication, actively listening, and providing guidance, Jesse can exert his influence to steer the negotiation process towards a positive outcome.
The existing relationships among the parties involved also impact the negotiation process. Tim and Sheila are unaware that Jesse has been approached by both of them. Jesse's challenge is to navigate these relationships carefully while remaining neutral and impartial. It is important for Jesse to establish trust with both Tim and Sheila, ensuring that they feel comfortable sharing their concerns and working towards a resolution.
Overall, in this complex negotiation, Jesse must balance power dynamics, influence, and relationships to address the concerns of both Tim and Sheila. By demonstrating empathy, active listening, and fair decision-making, Jesse can facilitate a constructive negotiation process that aims to find a resolution acceptable to all parties involved.
Learn more about complex situation here:
https://brainly.com/question/30577818
#SPJ11
Consider a warehouse with 5 SKU’s. The unit selling prices for these items are $129, $5, $597, $500, and $734 respectively. The annual sales volumes for these 5 items are 931 units, 1,000 units, 2,000 units, 20 units, and 387 units. According to our discussion on inventory profiling, what percentage of the annual sales is the result from the top 20 % of the SKU’s? Ignore the percentage sign and round your answer to the nearest integer. For example, if your answer is 34.56%, input 35; if your answer is 12.23%, input 12.
Inventory profiling is a technique used to classify inventory according to its relative importance.
The ABC method is the most common method of inventory profiling.
According to the ABC inventory profiling method, there are three categories of inventory:
A, B, and C. In general, category A items represent 20% of the inventory and 80% of the revenue.
Category B items represent 30% of the inventory and 15% of the revenue.
Category C items represent 50% of the inventory and 5% of the revenue.
In this question,
we have to determine what percentage of
the annual sales is the result from the top 20% of the SKU's.
The first step is to determine the total revenue of the five SKU's:Revenue = ($129 x 931) + ($5 x 1000)
+ ($597 x 2000) + ($500 x 20) + ($734 x 387)Revenue = $120,399 + $5,000 + $1,194,000 + $10,000 + $284,358
Revenue = $1,613,757Now,
we will sort the SKU's in descending order
based on their revenue and calculate the cumulative revenue.
We will stop when the cumulative revenue reaches 20% of the total revenue.Sorted SKU's based on
revenue:SKU 3: $597 x 2,000 =
$1,194,000SKU 5: $734 x 387 = $284,358SKU 1: $129 x 931 = $120,399SKU 2: $5 x 1,000 =
$5,000SKU 4: $500 x 20 = $10,000
The cumulative revenue of the top 2 SKU's is
$1,478,358, which is more than 20% of the total revenue.
Therefore, the top 2 SKU's account for 20% of the annual sales. The percentage of the annual sales is rounded to the nearest integer.
To know more about inventory visit:
https://brainly.com/question/30331199
#SPJ11
Determine the break-even point in units if fixed costs
are increased by $1600, while manufacturing cost is reduced by
$0.50 per jumpdrive.
The break-even point in units would be 13,867 if fixed costs are increased by $1600, while manufacturing cost is reduced by $0.50 per jump drive.
Break-even point refers to the level of production or sales at which the total revenues are equal to the total expenses. The break-even point can be calculated using the following formula:
Break-even point (in units) = Fixed Costs / (Selling Price per Unit - Variable Costs per Unit)
Where,
Selling Price per Unit = Revenue per unit
Variable Costs per Unit = Cost of goods sold per unit + variable expenses per unit
Now, as per the given information,
Fixed costs have increased by $1600, which means the new fixed costs will be $20,800. Manufacturing cost is reduced by $0.50 per jump drive, which means the new manufacturing cost will be $4.50 per jump drive. It implies that the variable costs per unit will be $4.50.
Let's calculate the new break-even point in units using the above formula:
Break-even point (in units) = $20,800 / ($6 - $4.5)
= $20,800 / $1.5
= 13,867
To know more about the manufacturing, visit:
https://brainly.com/question/17052484
#SPJ11
Suppose that there are substantial lags between the Central Bank making a decision to raise the interest rate, and the impacts on actual Aggregate Demand (AD). Suppose also that there is a current inflationary gap of $1,200. If the Central Bank wants to close this inflationary gap and stabilize Real GDP, which of the following should it do?
O a. Raise the interest rate such that AD shifts left by EXACTLY $1,200.
O b. Raise the interest rate such that AD shifts left by LESS than $1,200.
O c. Raise the interest rate such that AD shifts left by MORE than $1,200.
Correct Option is (c) The Central Bank should raise the interest rate such that AD shifts left by MORE than $1,200.
When there are significant lags between the Central Bank taking a decision to increase the interest rate, and the effects on actual Aggregate Demand (AD), then the Central Bank should take action to stabilize the economy. A current inflationary gap of $1,200, is the difference between the equilibrium Real GDP and the Actual GDP that is determined by the demand for goods and services, and a sustained increase in the price level.
To close this inflationary gap, the Central Bank should raise the interest rate such that AD shifts left by MORE than $1,200. When the Central Bank raises interest rates, it is expected that consumption and investment spending will decrease. This reduction in spending will lead to a reduction in aggregate demand, thus helping to close the inflationary gap.
As a result of the significant lags, the Central Bank will increase interest rates to reduce future inflation by cooling down economic development. The lag phase may last several years, hence raising the interest rate, as in the case mentioned above, must result in a considerable decrease in aggregate demand to make it worth the effort. Therefore, the Central Bank should raise the interest rate such that AD shifts left by MORE than $1,200.
To know more about interest rate visit:
https://brainly.com/question/28236069
#SPJ11
The Stockholders' Equity section of the December 31, 2017, balance sheet of Eldon Company appeared as follows: Preferred stock, $40 par value, 5,000 shares authorized, ? shares issued $160,000 Common stock, ? par, 10,000 shares authorized, 6,000 shares issued 60,000 Additional paid-in capital—Preferred 6,400 Additional paid-in capital—Common 360,000 Additional paid-in capital—Treasury stock 1,600 Total contributed capital $588,000 Retained earnings 50,000 Treasury stock, preferred, 200 shares (6,400) Total stockholders’ equity $ ?
The cost of the treasury stock per share
The per-share book value of the common stock assuming that there are no dividends in arrears and that the preferred stock can be redeemed at its par value
Given the following data: The Stockholders' Equity section of the December 31, 2017, balance sheet of Eldon Company appeared as follows: Preferred stock, $40 par value.
Additional paid-in capital—Preferred 6,400Additional paid-in capital—Common 360,000Additional paid-in capital—Treasury stock 1,600Total contributed capital $588,000Retained earnings 50,000Treasury stock, preferred, 200 shares (6,400).
Total issued preferred stock: 160,000/40 = 4000 shares Total issued common stock = 6000 shares Total common stock = 10000 shares Additional paid-in capital of preferred stock = $6,400Additional paid-in capital of common stock = $360,000.
To know more about Stockholders visit:
https://brainly.com/question/18523103
#SPJ11
The CEO and CFO of an issuer are aware of significant deficiencies in the design or operation of internal controls which could adversely affect the issuer’s ability to record, process, summarize but have not identified any material weaknesses in internal controls. They must take all the following steps EXCEPT:
A.
Disclose the existence of the significant deficiencies to the external auditors
B.
Disclose the existence of the significant deficiencies to the audit committee
C.
Disclose the existence of the significant deficiencies in their report on the effectiveness of internal controls over financial reporting
D.
Certify that they have disclosed the significant deficiencies to the audit committee and the external auditors
Under Sox, if an issuer is required to prepare an accounting restatement due to the material noncompliance, as a result of misconduct, with any financial reporting requirement, the CEO and CFO of the issuer shall reimburse the issuer for:
A.
All fines and penalties incurred by the issuer due to the misstatement during the 12-month period following the issuance of the misstated statements
B.
Any bonus or other incentive-based or equity-based compensation received during the 12-month period following the issuance of the misstated statements
C.
All legal fees incurred by the issuer during the 12-month period following the issuance of the misstated statements to defend against lawsuits
D.
Their shares of legal judgments against the issuer due to the misstated statements during a five-year period following the issuance of the misstated statements
According to the 1st problem answer is D. Certify that they have disclosed the significant deficiencies to the audit committee and the external auditors.
The CEO and CFO must take all the steps mentioned in options A, B, and C, which involve disclosing the existence of significant deficiencies in internal controls to the external auditors, audit committee, and in their report on the effectiveness of internal controls. Therefore, the step they would not take is certifying that they have disclosed the significant deficiencies, as it is not mentioned as a required step.
an issuer is required to prepare an accounting restatement due to the material noncompliance, as a result of misconduct, with any financial reporting requirement, the CEO and CFO of the issuer shall reimburse the issuer for: B. Any bonus or other incentive-based or equity-based compensation received during the 12-month period following the issuance of the misstated statements
Under the Sarbanes-Oxley Act (SOX), if an issuer is required to prepare an accounting restatement due to material noncompliance resulting from misconduct with any financial reporting requirement, the CEO and CFO are required to reimburse the issuer. However, the reimbursement does not cover all fines and penalties, all legal fees, or their shares of legal judgments against the issuer. The reimbursement specifically pertains to any bonus or other incentive-based or equity-based compensation received during the 12-month period following the issuance of the misstated statements.
To learn more about financial reporting
https://brainly.com/question/30137161
#SPJ11
1. Citing clear examples, research and explain the meaning of the following terminologies in the context of international relations. Make sure you have three (3) or more verifiable references at the bottom.
(i). Hegemony
(ii). Balance of Power
(iii). Multilateralism
(iv). Bilateralism
(v). Unilateralism
(vi). Foreign Policy
(vii). Cultural Imperialism
(viii). Bipolarity
(i) Hegemony refers to the dominance of one country or group over others, often achieved through economic, military, or political power. For example, the United States has been considered a hegemonic power due to its global influence and military capabilities.
In the context of international relations, the following terminologies have specific meanings:
(ii) Balance of Power refers to the distribution of power among states to prevent any one state from dominating others.
This concept suggests that states will align themselves with other states to maintain equilibrium. An example is the Cold War era, where the United States and Soviet Union balanced each other's power through military alliances.
(iii) Multilateralism is a principle of international relations where multiple countries work together to address common issues and solve problems. Organizations like the United Nations exemplify multilateralism, as member states cooperate to promote peace, security, and development.
(iv) Bilateralism refers to relations between two countries, focusing on their mutual interests and concerns. Bilateral agreements, such as trade deals or security pacts, are negotiated directly between two states.
An example is the North American Free Trade Agreement (NAFTA) between the United States, Canada, and Mexico.
References:
- Smith, S., Hadfield, A., & Dunne, T. (Eds.). (2016). Foreign Policy: Theories, Actors, Cases. Oxford University Press.
- Baylis, J., Smith, S., & Owens, P. (Eds.). (2017). The Globalization of World Politics: An Introduction to International Relations. Oxford University Press.
- Nye, J. S. (2011). The future of power. Public Affairs.
To know more about hegemonic visit:
https://brainly.com/question/28916705
#SPJ11
In your role as a business development manager involved in preparing an exit strategy for the life science organization, you learned that employee attrition is one of the key risks to the proposed acquisition. In Milestone Two, you analyzed the employee data to evaluate this attrition risk and suggest retention strategies to mitigate it. Later, as you began preparing for the exit, the organization faced another challenge—the possibility of the buyer withdrawing from the sale. To mitigate this risk, you searched and planned for alternative buyers. Management now wants to be more cautious about such risks. To avoid more unforeseen challenges in the process, the vice president (VP) wants you to identify and assess other current or potential risks the organization may face due to the proposed acquisition and recommend strategies to mitigate them. In this assignment, you will perform a risk assessment using the fishbone method you learned about in this module. Prompt Write a report for the VP with risk assessment and mitigation recommendations for the organization in the scenario and its exit strategy. Specifically, you must address the following rubric criteria: Risk Identification: Apply the fishbone method to analyze two other risks or problems the organization is facing. Your response should include the following: Identify two risks or problems to be resolved and create a fishbone diagram for each. Refer to the fishbone diagram template for help. Insert a screenshot or copy your fishbone diagram to your report. Identify one main cause and ancillary causes for each risk or problem. Risk Evaluation: Evaluate the probability and impact of each identified risk or problem as low, medium, or high. Justify your evaluation of the impact and probability of each identified risk or problem. Provide rationale with supporting data. Risk Mitigation: Recommend one way to mitigate each identified risk or problem. Support your response.
Introduction Organizations often face unforeseen challenges, even when they perform extensive planning. Employee attrition and the potential withdrawal of a buyer from the sale of an organization are two of the most common risks to an exit strategy.
To avoid any unforeseen problems, the Vice President (VP) has requested that the organization evaluate and mitigate any potential risks that may occur during the acquisition process. This report offers a risk assessment and mitigation plan for an organization's exit strategy using the fishbone method. Risk Identification In this section, we shall examine two problems or risks that the organization may face, including the main and ancillary causes of each.
The fishbone diagram is used to analyze the issues. Risk One: Failure to achieve regulatory compliance Main Cause: Lack of proper documentation Ancillary Causes: Inadequate employee training, Lack of technical skills, Mismanagement of records, Inadequate equipment Risk Two: Insufficient Customer Satisfaction Main Cause: Poor Customer Service Ancillary Causes: Insufficient Customer Support, Untrained Customer Service Staff, Poorly Designed Complaint Resolution Mechanism, Insufficient After-Sales Service Risk Evaluation The probability and impact of each identified risk or problem are low, medium, or high, depending on the evaluation of each. The rationale is provided for each identified risk or problem.
Risk One: Failure to achieve regulatory compliance Probability: High Impact: High Rationale: Lack of proper documentation, inadequate employee training, lack of technical skills, mismanagement of records, and inadequate equipment could result in a high probability of non-compliance. This could result in a high impact because it could lead to fines or penalties, harm to the organization's reputation, and loss of potential buyers.
Risk Two: Insufficient Customer Satisfaction Probability: Medium Impact: Medium Rationale: The causes of poor customer service, insufficient customer support, untrained customer service staff, poorly designed complaint resolution mechanisms, and insufficient after-sales service could result in a medium probability of insufficient customer satisfaction. This could result in a medium impact because it could result in a loss of customer loyalty and revenue, as well as harm to the organization's reputation. Risk Mitigation This section recommends ways to mitigate the identified risks or problems.
To know more about Employee visit:
https://brainly.com/question/18633637
#SPJ11
As a result of a slowdown in operations, Tradewind Stores is offering employees who have been terminated a severance package of $105,000 cash paid today: $105,000 to be paid in one year; and an annuity of $33,000 to be paid each year for 8 years.
What is the present value of the package assuming an interest rate of 11 percent?
The present value of the severance package is approximately $400,931.93 when using an interest rate of 11 percent.
To calculate the present value of the severance package, we need to discount each cash flow using the given interest rate of 11 percent. The present value of each cash flow is determined by dividing the future cash flow by (1 + interest rate) raised to the power of the number of periods.
The cash flows in the severance package are as follows:
Cash flow today: $105,000
Cash flow in one year: $105,000
Cash flow each year for 8 years: $33,000
Calculating the present value for each cash flow:
Present value of cash flow today = $105,000 / (1 + 0.11)^0 = $105,000
Present value of cash flow in one year = $105,000 / (1 + 0.11)^1 = $94,594.59
Present value of cash flows for 8 years:
PV = $33,000 / (1 + 0.11)^1 + $33,000 / (1 + 0.11)^2 + ... + $33,000 / (1 + 0.11)^8
PV = $33,000 * (1 - (1 + 0.11)^-8) / 0.11 = $201,337.34
Total present value of the severance package:
Present value = Present value of cash flow today + Present value of cash flow in one year + Present value of cash flows for 8 years
Present value = $105,000 + $94,594.59 + $201,337.34 = $400,931.93
Learn more about present value
https://brainly.com/question/34554678
#SPJ11
d) Secret Bakery bought a mixer at the cost of RM12,500. It is expected to last for eight years and has a salvage value of RM4,500. Calculate the book value of the mixer after four years by using declining balance method. (5 marks)
The declining balance method is a form of accelerated depreciation. Under this method, depreciation expense is calculated by applying a constant rate to a declining book value. The rate used is usually twice the straight-line rate. Thus, the formula for calculating depreciation using the declining balance method is:
Depreciation Expense = Beginning Book Value × Declining Balance Rate
Where:
Declining Balance Rate = 2 / Useful Life in Years
Calculation of the book value of the mixer:
Given that
Secret Bakery bought a mixer at the cost of RM12,500 and it is expected to last for eight years and has a salvage value of RM4,500.
After four years the useful life of the asset would be (8-4) = 4 years.
Useful Life = 8 years
Residual Value = RM4,500
Depreciation Rate = (2/8) = 25%Year Book Value Depreciation Depreciation Expense1 RM 12,500 RM 3,125 RM 3,1252 RM 9,375 RM 2,344 RM 2,3443 RM 7,031 RM 1,758 RM 1,7584 RM 5,273.25 RM 1,318.31 RM 1,318.31
Therefore, the book value of the mixer after four years by using the declining balance method is RM5,273.25
The table below shows the calculation of the book value of the mixer:
Year Book Value Depreciation Expense Accumulated Depreciation1 RM 12,500 RM 3,125 RM 3,1252 RM 9,375 RM 2,344 RM 5,4693 RM 7,031 RM 1,758 RM 7,2274 RM 5,273.25 RM 1,318.31 RM 8,545.31
In summary, after four years the book value of the mixer would be RM5,273.25 by using the declining balance method.
Learn more about declining balance method: https://brainly.com/question/30403633
#SPJ11
The annual association meeting of your selected industry will
take place soon. You have been asked to present a report regarding
the current status of the federal budget and fiscal policies in
place i
The federal budget and fiscal policies directly affect the economy and hence the industry's progress. The report should focus on the current status of the federal budget and fiscal policies.
The annual association meeting of an industry is an event where members gather to discuss the latest developments in their field of work and future plans. If you have been asked to present a report on the current status of the federal budget and fiscal policies in place, it is important to understand their implications on the economy and hence on the industry. The federal budget is a financial plan that outlines government spending and revenue for the coming year. Fiscal policies refer to government decisions that affect taxation and government spending. Both the federal budget and fiscal policies directly impact the economy.
As a presenter, it is important to analyze the current status of the federal budget and fiscal policies and how they impact the industry. You can discuss the government's priorities and how they align with the industry's goals. You can also talk about the implications of any proposed changes to the budget or policies.
In conclusion, presenting a report on the current status of the federal budget and fiscal policies requires a thorough understanding of their implications on the economy and industry. It is important to analyze the current status and any proposed changes and provide insights into how they impact the industry's progress.
To know more about fiscal policies visit:
brainly.com/question/32933274
#SPJ11
With regard to accounts payable: a) Explain the significance of financing with accounts payable. b) Explain (including computations) the rationale of taking a cash discount, such as 4/10, n/40. c) Additionally, determine the approximate balance of accounts payable, if a company stretches its payables to 60 days and on average, they make purchases of $1,000,000 per day from their vendors. d) Explain what the stretching accomplishes if the vendors should be paid in 40 days.
a) Accounts payable financing enhances cash flow and management. b) Cash discount saves money on timely payments. c) Company's $60 million accounts payable due to $1,000,000 daily purchases.
a) Financing with accounts payable is significant as it allows a company to obtain goods or services from suppliers while deferring payment. It serves as a short-term source of financing, providing a means to manage cash flow and improve working capital. By extending payment terms through accounts payable, a company can use the funds for other operational needs or investment opportunities.
b) Taking a cash discount, such as 4/10, n/40, provides an incentive for early payment. The discount terms mean that if payment is made within 10 days, a 4% discount can be taken. The rationale behind taking the cash discount is to save money on the purchase. For example, if an invoice is $1,000 and the discount is taken, the company only needs to pay $960. It represents a cost savings of $40.
c) If a company stretches its payables to 60 days and makes purchases of $1,000,000 per day on average, the approximate balance of accounts payable would be $60,000,000. This is calculated by multiplying the average daily purchases ($1,000,000) by the number of days stretched (60 days).
d) Stretching payables to 60 days allows the company to delay cash outflows and retain the use of funds for an extended period. It effectively provides a short-term interest-free loan from the vendors. This practice can help improve cash flow and working capital management. However, it is essential to maintain good relationships with vendors and ensure that stretching payables does not negatively impact supplier relationships or lead to potential disruptions in the supply chain.
To learn more about cash flow
https://brainly.com/question/24179665
#SPJ11
Consider an economy that is initially in long-run equilibrium. Assume that the longrun aggregate supply curve is vertical at Y=3,000 while the short-run aggregate supply curve is horizontal at P=1.0. The aggregate demand curve is Y=2(M/P) and M=1500 so that M/P=1500 as well. Suppose now that the central bank decides to increase M, so that now M=3000. Then, the following will occur in the short run output will be 6000 and in the long run M/P=3000. in the short run output will be 4000 and in the long run M/P=3000. in the short run output will be 6000 and in the long run M/P=1500. in the long run, both output and M/P will be 3000 .
In response to an increase in money supply, the economy's output will rise in the short run due to the price stickiness, but will return to its long-run equilibrium level in the long run when prices adjust fully.
With the central bank increasing M to 3000, in the short run, given the price stickiness (P=1), the aggregate demand (AD) curve shifts to the right, leading to an increase in output. Thus, according to the given AD equation Y=2(M/P), output (Y) would be 2*(3000/1)=6000 in the short run. However, in the long run, prices are flexible and adjust to the increase in money supply, bringing the economy back to its long-run output level. Thus, the long-run equilibrium is determined by the vertical long-run aggregate supply curve at Y=3000. The price level increases so that M/P=3000.
Learn more about long-run equilibriums here:
https://brainly.com/question/13085229
#SPJ11
T/F : Economists have not been persuaded that alternative behavioral assumptions for firms, such as sales maximization, yield superior results to the assumption of profit maximization.
True, Economists have not been persuaded that alternative behavioral assumptions for firms, such as sales maximization, yield superior results to the assumption of profit maximization.
This is because the profit maximization assumption has proven to be the most effective in explaining the behavior of firms in various industries. The theory of the firm assumes that all businesses aim to maximize their profits, but in reality, firms have different goals.
Some companies seek to maximize sales, while others prioritize the growth of market share. Nevertheless, firms that follow a sales maximization approach must keep in mind that increasing sales does not necessarily translate to more profits.
A sales maximization strategy could result in a firm reducing its prices, which could cause a drop in profits. Therefore, the assumption of profit maximization is the most effective in explaining the behavior of firms in various industries.
To know more about sales visit:
https://brainly.com/question/29436143
#SPJ11
Where is the British Pound Sterling this week? What is the
recent trend? What do you think is troubling the Pound? （Be
specific please)
The British Pound Sterling (GBP) has seen a recent drop in value against other currencies, particularly the US dollar (USD) and the Euro (EUR). Over the past week, the GBP/USD exchange rate has dropped from around 1.39 to 1.37, while the GBP/EUR rate has fallen from approximately 1.17 to 1.16
The British Pound Sterling (GBP) has seen a recent drop in value against other currencies, particularly the US dollar (USD) and the Euro (EUR). Over the past week, the GBP/USD exchange rate has dropped from around 1.39 to 1.37, while the GBP/EUR rate has fallen from approximately 1.17 to 1.16.The recent trend has been a decline in value for the Pound Sterling. This is due to a number of factors that are currently troubling the currency. One of the main factors is the ongoing uncertainty surrounding Brexit, particularly the ongoing negotiations between the UK and the European Union (EU). There is still no clear agreement on a post-Brexit trade deal, which is causing anxiety among investors and contributing to the Pound's decline.Another factor that is troubling the Pound is the current state of the UK economy. The country is still recovering from the effects of the COVID-19 pandemic, which has led to a significant decrease in economic activity. This has caused many investors to become bearish on the Pound, which is contributing to its recent decline in value.In addition to these factors, there are also concerns about the Bank of England's monetary policy. The central bank has been taking steps to boost the economy, such as increasing its quantitative easing program and cutting interest rates. However, some investors are worried that these measures could lead to inflation, which could further weaken the Pound.Overall, the recent trend for the Pound Sterling has been a decline in value, due to a combination of Brexit uncertainty, economic weakness, and concerns about monetary policy. While it's difficult to predict exactly where the currency will go from here, it's likely that these factors will continue to be major drivers of the Pound's value in the near future.
To know more about value visit:
https://brainly.com/question/30145972
#SPJ11
[3 MARKS] Suppose that the following information describes the UK's balance of payments (in £ billions): exports 550, imports 620, investment income received 200, investment income paid 180, net transfers received (−30). Compute the capital account balance, assuming that there is no statistical discrepancy. a. 0 b. (−60) c. 60 d. 80 e. (−80)
The capital account balance is -£10 billion. In the given options, the closest value is option b. (-£60), but the correct answer is not listed among the options provided.
To compute the capital account balance, we need to consider the components of the balance of payments.
Exports: £550
Imports: £620
Investment income received: £200
Investment income paid: £180
Net transfers received: -£30
The capital account balance is calculated as follows:
Capital Account Balance = Net Transfers Received + Investment Income Received - Investment Income Paid
= (-£30) + £200 - £180
= -£30 + £20
= -£10
Therefore, the capital account balance is -£10 billion. In the given options, the closest value is option b. (-£60), but the correct answer is not listed among the options provided.
Learn more about Investment Income here:
https://brainly.com/question/29547578
#SPJ11
Critical illness insurance can ensure that you have access to in the event that you suffer a critical iliness, such as a heart attack stroke, or lifa threutening cancer A. a cure B. Lump-sum benefits C. monthly income D. in-home nursing care
Critical illness insurance provides policyholders with lump-sum benefits in the event of a critical illness, such as a heart attack, stroke, or life-threatening cancer. answer is option B.
Option B, lump-sum benefits, is the correct answer. Critical illness insurance is designed to provide a financial safety net by paying a lump-sum benefit to the policyholder upon diagnosis of a covered critical illness. This lump sum can be used as needed by the policyholder to cover medical expenses, seek specialized treatments, replace lost income, or make necessary lifestyle adjustments during the recovery period. Unlike other types of insurance, such as health insurance, critical illness insurance focuses on providing a one-time payment rather than covering ongoing medical expenses or providing regular monthly income.
to learn more about insurance click here; brainly.com/question/989103
#SPJ11
Levi's ships blue jeans to retailers who show seasonality in their purchasing habits during the month. Levi's sales are weak in the Week 1 of the month, about average in Weeks 2 and 3 and spike in Week 4. Given the following information, calculate the seasonal indices for each week of the month. If 50,000 blue jeans are forecasted for next month, how many should be forecasted to be sold in Week 3? Typical Weekly Sales
Week 1 6200
Week 2 14100
Week 3 15600
Week 4 24500
Total 60400
13,491
13,162
12,914
13,380
13,096
13,563
13,205
The seasonal indices for each week of the month are as follows:
Week 1 - 0.102, Week 2 - 0.233, Week 3 - 0.257, Week 4 - 0.408. Based on these indices, the forecasted number of blue jeans to be sold in Week 3, out of a total forecasted sales of 50,000, would be approximately 12,850.
Seasonal indices help identify the variations in sales patterns based on historical data. By calculating these indices, we can determine the relative strength or weakness of sales during different weeks of the month.
To compute the seasonal indices, we divide the average sales of each week by the total average sales for the entire month. In this case, the average sales for Week 1, Week 2, Week 3, and Week 4 are 6,200, 14,100, 15,600, and 24,500, respectively. The total average sales for the month amount to 60,400.
To find the seasonal index for Week 1, we divide the average sales of Week 1 by the total average sales: 6,200 / 60,400 = 0.102.
Applying the same calculation method, we obtain the seasonal indices for Week 2 (0.233), Week 3 (0.257), and Week 4 (0.408).
These indices reveal that Week 4 experiences the highest sales volume, representing 40.8% of the total average sales. Following that, Week 3 accounts for 25.7% of the total sales, while Week 2 and Week 1 contribute 23.3% and 10.2%, respectively.
To forecast the sales for Week 3 in the upcoming month, we multiply the total forecasted sales (50,000) by the seasonal index for Week 3 (0.257): 50,000 * 0.257 = 12,850.
Consequently, based on the established seasonal pattern, it is projected that around 12,850 blue jeans would be sold in Week 3 of the next month.
Learn more about forecasted sales
brainly.com/question/30283998
#SPJ11
.Which of the following statements concerning banks’ off-balance sheet transactions is/are generally TRUE?
Select one:
a.They are a significant part of a bank’s business.
b.They reflect use of risk management products.
c.They represent an important source of banks’ income.
d.Assets and liability are yet to be recorded in the balance sheet.
e.All of the other given choices.
The correct answer is e) All of the other given choices. All of the statements concerning banks' off-balance sheet transactions are generally true. Here's an explanation of each statement:
a) They are a significant part of a bank's business:
Off-balance sheet transactions, such as derivatives, guarantees, or letters of credit, are an integral part of a bank's business activities. These transactions allow banks to expand their services, manage risks, and meet the needs of their clients.
b) They reflect the use of risk management products:
Off-balance sheet transactions often involve risk management products, such as hedging instruments or insurance contracts. These products enable banks to manage and mitigate various types of risks, including interest rate risk, foreign exchange risk, or credit risk.
c) They represent an important source of banks' income:
Off-balance sheet activities can generate income for banks through fees, commissions, or gains from successful risk management. For example, banks earn fees for providing guarantees or arranging syndicated loans.
d) Assets and liabilities are yet to be recorded in the balance sheet:
Off-balance sheet transactions involve contingent obligations or commitments that are not recorded as assets or liabilities on the balance sheet. However, they have the potential to impact the bank's financial position and risk profile.
Overall, off-balance sheet transactions are an essential component of banks' operations, reflecting the use of risk management products, contributing to income generation, and involving contingent obligations that are not immediately recorded on the balance sheet.
Learn more about Off-balance sheet transactions here:
https://brainly.com/question/29656706
#SPJ11
Define and explain the internal rate of return on a new
investment?
It provides insights into the potential return on investment and helps in decision-making regarding investment opportunities.
The internal rate of return (IRR) is a financial metric used to evaluate the profitability and attractiveness of an investment.
It represents the discount rate at which the net present value (NPV) of the investment becomes zero.
In simpler terms, it is the rate of return at which the present value of the investment's cash inflows equals the present value of its cash outflows.
To calculate the internal rate of return, the cash inflows and outflows generated by the investment over its lifetime are discounted back to their present values using the IRR as the discount rate.
The IRR is the rate that makes the present value of these cash flows equal to zero.
If the IRR of an investment is greater than the required rate of return or the cost of capital, it indicates that the investment is potentially profitable. On the other hand, if the IRR is lower than the required rate of return, it suggests that the investment may not meet the desired profitability threshold.
The IRR is a useful tool for comparing different investment opportunities or projects.
Investors and businesses often use it to assess the relative merits of various investment options. The higher the IRR, the more attractive the investment is considered.
One important characteristic of the IRR is that it considers the time value of money. It takes into account the timing and magnitude of cash flows, giving more weight to cash flows received earlier.
This allows for a more accurate assessment of the investment's potential returns.
It's worth noting that the IRR has limitations. It assumes that cash flows generated by the investment are reinvested at the same rate as the IRR, which may not always be realistic.
Additionally, the IRR may yield multiple values or not exist for certain investment cash flow patterns.
In summary, the internal rate of return (IRR) is a financial metric that helps assess the profitability of an investment by determining the discount rate at which the present value of cash inflows equals the present value of cash outflows.
It provides insights into the potential return on investment and helps in decision-making regarding investment opportunities.
to learn more about investment.
https://brainly.com/question/15105766
#SPJ11
Apply Total Quality Management principles in your organisation
or any company familiar to you. Explain what can be done to improve
the quality of products and services of this company
(10 Marks)
To improve the quality of products and services in an organization, several steps can be taken based on Total Quality Management (TQM) principles.
These include implementing a customer-centric approach, fostering a culture of continuous improvement, conducting regular employee training, utilizing quality control tools, and establishing effective communication channels throughout the organization. By following these practices, the company can enhance its product and service quality, meet customer expectations, minimize defects and errors, increase efficiency, and ultimately achieve higher levels of customer satisfaction and loyalty.
Learn more about Total Quality Management (TQM) here:
https://brainly.com/question/15190626
#SPJ11
What is the Prescriptive Analytics? Give a clear example for Prescriptive analytics
Prescriptive Analytics is a type of data analytics which is utilized for offering recommendations about future decisions or actions.
The prescriptive analytics system comprises of various machine learning algorithms, data mining, business rules, and other analytics processes. It assists organizations in identifying potential risks and opportunities and in devising actions that can result in improved business outcomes.
Example: Consider the example of a logistics company that delivers goods. In order to deliver goods in the most efficient way possible, it has to analyze various factors such as distance between delivery locations, traffic conditions, the size of the delivery truck, and others.
By utilizing prescriptive analytics, the logistics company can develop a plan that determines the best route and delivery schedule for each truck, taking into account all relevant factors.The prescriptive analytics system used by the logistics company will not only identify the most efficient route but also offer recommendations about when to schedule deliveries, which truck to use, and whether any additional resources or equipment may be required. It can also analyze the past performance data to optimize the delivery process in the future.
This example highlights how prescriptive analytics can be used to drive efficiency and effectiveness in business operations.
Learn more about Prescriptive Analytics Here.
https://brainly.com/question/31075365
#SPJ11
