Eco583 assignment 2 Eco583 assignment 2 Question ECO 583 Assignment 21. (a) Suppose that the economy is currently at the full employment position.Using the AS-AD and IS-LM models explain the short run and mediumrun impacts of a decrease in budget deficit. Be sure to explainthe shifts of the curves and the dynamic adjustment of the economy.(10)(c) Suppose that the economy is currently at the full employment position.Using the AS-AD and IS-LM models explain the short run and medium runimpacts of a increase in money supply. Be sure to explain the shifts ofthe curves and the dynamic adjustment of the economy. In this contextexplain the concept of neutrality of money.(10)2. (a) The current inflation rate (in year 0) in an economy is 18% and the currentunemployment rate is 6%. The natural rate of unemployment is 6%, thenormal (GDP) growth rate is 3%. The coefficients for the Phillips Curveand the Okun’s Law are ? ? 1 and ? ? 0.5 respectively. Suppose thecentral bank wants to begin a process of disinflation in year 1 such thatinflation is reduced every year by 3% until it reaches the desired level of3%. Given this desired path of inflation, calculate the paths ofunemployment, output growth rate and nominal money growth for years 1through 7. Show and explain all your calculations and in particular, explainwhy does each variable change as they do.(32)(b) In an economy the central bank wants to reduce the inflation rate by 9%.Given that the coefficient of the Phillips Curve is given by ? ? 1.15,calculate the number of point years of excess unemployment and thesacrifice ratio. Given the goal of reducing inflation by 9%, can the centralbank affect the number of point years of excess unemployment calculatedabove? Explain. Can the central bank affect the distribution of excessunemployment over time? If so explain how. If not explain why not.(8)23. (a) An economy is described by the following equations:AD: Y = 4000+2 (M/P)AS: Y = Yn + 100 (P – Pe)Okun’s Law: (Y – Yn)/Yn = -2 (u-un)The natural rate of output, Yn = 6000, and the natural rate ofunemployment, un = .05 (or 5%).(i) The money supply has long been constant at M = 4000. Currently, theeconomy is producing the natural rate of output and it has been operatingat the level for the past few years. Calculate the current price level,expected price and unemployment rate.(ii) Suppose that money supply unexpectedly increases to 4488. Using theAD-AS model calculate the short run and medium run impacts of such anincrease in money supply. In particular calculate the short run and mediumrun equilibrium values of the price level, expected price, unemploymentand output.(Hint: You may need to use the following formula to solve a quadraticequation.If ax2 + bx +c = 0Then, the values of x can be calculated asab b acx24 2 ? ? ?? .)(22)(b) In an economy the equation for the expectations augmented Phillips curveis given by:2( ) ne ? ?? ? u ? uWhere, the natural rate of unemployment, un is 6% (or .06).(i) Draw the graph of the Phillips curve with inflation along the vertical axisand unemployment along the horizontal axis if the expected inflation rateis 10% (or .10). Calculate the unemployment rate, if the Fed chooses tokeep the actual inflation rate at 10%.(ii) Suppose that an aggregate demand shock (resulting from an increasedmilitary spending) raises expected inflation to 12%, leaving the natural rateof unemployment unchanged. Graph the new Phillips curve and show itsrelationship to the one drawn in part (i) above. Calculate the3unemployment rate, if the Fed chooses to keep the actual inflation rate at10%. What happens to the unemployment rate if, after the demand shock,the Fed announces that it will maintain the inflation rate at 10% and thatannouncement is fully believed by the public?(12)(c) Consider a country with two political parties, Democrats and Republicans.Democrats care more about unemployment than Republicans, andRepublicans care more about inflation than Democrats. When Democratsare in power, they choose an inflation rate D ? and when Republicans are inpower, they choose an inflation rate R ? .We assume that D ? > R ? .An election is about to be held. Assume that expectations about inflation forthe coming year (represented by et ? ) are formed before the election.(Essentially, this assumption means that wages for the coming year are setbefore the election.) Moreover, it is assumed that the Democrats and theRepublicans have equal chance of winning the election.The Phillips curve is given by( ) e?t ??t ? ut ?unwhere the natural rate of unemployment, n u = 6%.(i) Calculate the expected inflation rate, et ? in terms of D ? and R ? .(ii) Suppose D ? = 5.1% and R ? = 3.6%.Suppose the Democrats win the election and implement their targetinflation rate.Calculate the unemployment rate, t u(iii) Suppose, instead, the Republicans win the election and implement theirtarget inflation rate.Calculate the unemployment rate.(iv) Now, Suppose that everybody expects the Democrats to win the election,and the Democrats indeed win and implement their target inflation rate.Calculate the expected inflation rate and the resulting unemployment rate.(v) Explain the differences in unemployment rates, particularly in relation to thenatural ate of unemployment, as calculated in (ii) –(iv) above.(For (ii) –(iv) Calculate your answer as a percentage rounded to onedecimal place.)
Write a paper on Leadership Over the Generation in 1000+ words.. Write a paper on Leadership Over the Generation in 1000+ words.. Question Write a paper on Leadership Over the Generation in 1000+ words..
general business data bank general business data bank Question 61. According to Damon and Hart, the organizing principle that integrates aspects of the self concept during middle and later childhood is __________________. a. beliefs and plans b. interpersonal goals c. comparative assessments d. categorical identifications 62. The natural way that children, from ages 4 to 6, become more aware that people have different points of view is detailed in the theory of ________________. a. mind b. cognition c. thought d. morality 63. The ability to appreciate that what you know or believe to be true is different from what others know and believe to be true is a salient feature of ____________________. a. self-awareness b. empathy c. cognition d. jealousy 64. A person's evaluation about his or her own worthiness is called __________________. a. self-esteem b. egocentrism c. self theory d. dissonance 65. People with low self-esteem will see any failure as evidence of their ___________________. a. contextual dissonance b. lack of worth c. sense of efficacy d. subjective self concept 66. People who have high self-esteem ______________. a. have strong positive evaluations of all of their abilities b. find that failure increases their feelings of doubt about their basic worth c. use a variety of strategies to minimize the importance of negative feedback d. derive this sense of self-worth primarily through pretend activities 67. Gillian does not feel like anyone likes her and she feels ignored, rejected, and scorned. Gillian suffers from low _____________. a. self-esteem b. creativity c. sense of efficacy d. persistence 68. Which statement about self-esteem among early-school-age children is correct? a. Early-school-age boys are more critical of their abilities than early-school-age girls. b. Early-school-age children are exposed to low levels of peer criticism that challenge self-esteem. c. Early-school-age children feel less guilty about violating rules and norms than younger children. d. Early-school-age children are likely to experience feelings of depression and worthlessness that may crystallize into a scheme for low self-esteem. 69. Ring-Around-the-Rosie, London Bridge, and Farmer-in-the-Dell are examples of _______________. a. sensorimotor play b. group games c. team sports d. social pretend play 70. Group games permit children to shift roles. This contributes to which of the following? a. perspective-taking abilities b. fantasy c. emotional regulation d. self-esteem 71. By the age of 4 or 5, children who have stable friendships become skilled in ______________. a. coordinating their interactions with friends b. creating elaborate pretend games c. being willing to modify their play preferences so that both members in the friendships have a chance to enjoy the kinds of play they like best d. all of these 72. Which of the following statements is true about friendships during early school age? a. Children tend to evaluate each other on the basis of intentions which are usually seen as positive. b. Children tend to have a rather rigid approach to issues of social responsibility, so that peer play is frequently disrupted by quarrels, “tattling,” and hard feelings about injustices. c. Children like to let adults “sit in” on peer play sessions so that they can benefit from the adult’s advanced play and problem solving. d. Children of this age prefer mixed-sex play groups. 73. Why is hopscotch so popular with early-school-age children in many cultures? c. The game provides a sense of safety and security. b. There is no fantasy element so children can focus on reality. c. The game symbolizes perils of childhood and the need for balance while providing opportunities for mastery. d. It is an easy game with few opportunities for failure. 74. What is one implication of the fact that girls and boys tend to form same-sex friendship groups? a. Girls never experience leadership among friends. b. Girls and boys develop distinct peer-communication patterns. c. Boys learn to be better listeners and acquire valued skills for building group consensus. d. Girls and boys lack gender identity so there are no same-sex friendships formed. 75. Children are likely to seek others of the same sex as play companions because __________. a. they believe these children will be kinder to them b. they believe these children will provide diverse mental representations of possible activities c. parents guide them into same-sex play groups d. they believe these other children will have the same play preferences they have 76. Boys and girls tend to use different strategies to achieve ________ in their same-sex friendship groups. a. dominance b. self-efficacy c. continuity d. sensorimotor equilibrium 77. Which of the following is true about the groups girls and boys prefer during early school age? a. Girls prefer two-person groups, while boys prefer larger groups. b. Boys prefer two-person groups, while girls prefer larger groups. c. Girls prefer mixed-sex groups while boys prefer same-sex groups. d. Boys prefer mixed-sex groups while girls prefer same-sex groups. 78. What is the psychosocial crisis of early school age? a. trust versus mistrust b. autonomy versus shame and doubt c. industry versus inferiority d. initiative versus guilt 79. Young children often ask questions about why things are as they are, how things began, and what will happen in the future. This is a sign of ________________. a. initiative b. trust c. autonomy d. creativity 80. Holger is 6 years old. He had a tooth pulled this afternoon. His mother just tucked him into bed promising him that the tooth fairy would be coming for the tooth while he slept. Holger puts pillows under his blanket and moves into the closet so he can see the tooth fairy take his tooth. This is an example of ____________. a. mistrust b. initiative c. contextual dissonance d. parental identification
Black and brew stage 3 Black and brew stage 3 Question IntroductionStudents will work on this cohesion case during the class session to help them tie all of the IT concepts together. The premise is that each student recently has inherited their grandfather’s coffee shop, started in 1962 and operates as if the year is 1962. Students will need to bring theBlackandBrewCaféinto the 21st century. A coffee shop was chosen because coffee shops are instantaneously identifiable for students. This case will give students a true business approach to IT and allow them to work hands-on with many of the intangible concepts taught in the text (such as SCM, ERP, and Wireless Networks). The case also will help students tie all of the IT concepts together to see how the differing parts work together to help a business operate (even with non-IT businesses, such as a coffee shop). The flexibility of the case allows students to cover any number of topics, in any order, at any time during the session.PurposeThis assignment gives students the opportunity to apply knowledge of the areas to be considered in planning and implementing a technology solution. This assignment specifically addresses the following course outcomes to enable you to:analyze internal and external business processes to identify information systems requirements; andidentify and plan IT solutions that meet business objectives.BackgroundTheBlackandBrewCaféhas been in business since 1962 and has never had a single competitor in the downtown area. One of your employees has heard a rumor that a Starbucks might be opening a store a few blocks away. Your staff is worried and is looking to you to provide reassurance that the competition will not affect your business. In addition, you have decided that this is a good time to develop your strategic direction for bringing the Café into the 21st century. The next step is to let Café managers and staff know what is coming. The Café is too small to have a CIO; however, you will fulfill this role. The "process owners" are the managers of the operations at the Café.For this assignment, students will develop an annotated outline that identifies the next steps to implement the solution described in Stage 2, addressing a number of areas such as, but not limited to, project management, system development life cycle, change management. In the second stage of this case analysis, alternative technology to improve a business process at theBlackandBrewCaféwas proposed. Prior to initiating a strategic plan, there are several areas that need to be considered in regards to this technology.AssignmentUsing the textbook and external resources, (1) complete the, (2) provide a brief explanation of the proposed technology solution, and (3) develop an annotated outline 2-3 pages in length, responding to the bulleted items below. Remember to correctly cite and reference sources with APA format. Save the file with the following format: student name and assignment number "3" (i.e.,wissel-3).The results of this assignment should be uploaded to the Stage 3 Assignment in the WebTycho classroom as MS-Word file attachments. Analyses submitted in other formats will not be accepted for grading.To complete the, open the attached table and complete the remaining two columns. For each area of consideration, rank the specific technology proposed ashigh,mediumorlowin importance or relevance for theBlackandBrewCafé. If an area of consideration is Not Applicable to the proposed technology, enter N/A. Afterwards, provide a brief explanation, a minimum of two sentences for each consideration, to justify that ranking. Explanations must provide enough information to convey the reasoning behind the ranking. Save the Table of IT Considerations file with the following format: student name and assignment number "3a" (i.e.,wissel-3a). These considerations are listed in the table provided below.Table of IT ConsiderationsAreaHigh/Medium/Low Importance or Relevance or Not Applicable (N/A)Explanation for RankingAccessibilityAvailabilityMaintainabilityPortabilityReliabilityScalabilityUsabilityDisaster Recovery PlanAuthentication & AuthorizationPrevention & Resistance (Security)Detection & Response (Security)Grid ComputingCloud ComputingVirtualized ComputingCommunications ArchitectureDatabase ArchitectureDecision SupportArtificial IntelligenceBusiness-to-Business eCommerceBusiness-to-Consumer eCommerceDepending on the specific technology proposed, some of these considerations will be more important than others, or may need specific consideration prior to implementation. The responses entered into the table for each consideration must be aligned to the specific technology proposed and appropriate to theBlackandBrewCafé.For example, if the alternative technology being proposed were to include a kiosk for customers to place their orders at the Café, then for the area of Accessibility, the following might be entered:AreaHigh/Medium/Low Importance or Relevance or Not Applicable (N/A)Explanation for RankingAccessibilityMediumSince the customers will use the kiosk to enter their orders, the kiosk must be accessible to everyone, even those with disabilities. Customers may have a variety of issues using the kiosk, so this will not be the only method customers can place an order -- the counter personnel still will be available to take the orders. Accessibility is ranked "Medium" because of the importance of access to the kiosk in placing an order for some customers and for public relations. However, accessibility is not "High" since there are other methods of placing orders.An annotated outline provides the basic information in full sentences, but in outline form rather than in paragraph form. In this case, each aspect of the next steps to be taken to implement your proposed technology must be addressed. Provide all of the important facts, without the expanded discussions used in full-length papers. Each of the topics in the list below should be explained as they apply to the proposed technology and to the Café, using a few sentences for each topic and providing information specific to your proposal.When providing the brief explanation of the proposed alternative technology, identify the alternative technology, state what the technology is expected to do for the Café, and summarize the information provided in the Stage 2 assignment.The annotated outline should address the next steps in each of the following areas that theBlackandBrewCaféwill take to implement your proposed alternative technology:VERY brief description of proposed technology (to set the stage for the rest of the outline)Project Management (schedule, resources, deliverables)System Development Life Cycle (all phases)Change ManagementEmployee TrainingLeadership ExpectationsDefining SuccessReference(s)The "right" and "wrong" answers have to do with whether or not students incorporated the course concepts from the textbook and addressed all areas of the assignment, correctly ranked each consideration as the consideration relates to the proposed technology, and have provided a well-supported explanation for the ranking assigned. Your "next steps" must be defined specifically for theBlackandBrewCafé, addressing (1) the business, (2) the environment, and (3) your alternative technology proposed. Also, external research on at least one aspect of the assignment, cited in APA format, must be incorporated in this annotated outline. For the Table of IT Considerations, the exact ranking proposed is not as important as (1) whether the technology ranking provided is applicable to the solution, (2) are ranked appropriately considering the explanation provided, and (3) are appropriate to theBlackandBrewCafé.
Question_CHAP01_9Dec_2nd Question_CHAP01_9Dec_2nd Question 31. Companies that rely on the marketing concept and that have implemented a marketorientation strategy recognize that:a. price is the most important variable for customersb. sales depend predominantly on an aggressive sales forcec. what the customer thinks he or she is buying is what is importantd. a company has to apply scientific management techniques to survivee. selling and marketing are essentially the same thing32. A company that has a market orientation and adheres to the marketing concept does NOT:a. integrate all the activities of the firm to satisfy customer wantsb. focus on consumer needs and wantsc. differentiate the firm's products from its competitor's productsd. fuel sales growth through the application of aggressive sales techniquese. concentrate on long-term goal achievement (such as profits and growth) for the firm.33. Minor League Baseball (MiLB) suffers from sluggish attendance. To attract more fans to MiLB games,owners often resort to gimmicks--free hot dog nights, events designed to get into the Guinness Book ofRecords, and celebrity visits. Since baseball fans are seldom asked what would make them want to attendmore games, this suggests most MiLB teams do not have a(n) _____ orientation.a. salesb. empowermentc. communityd. societale. market.34. A company adhering to the marketing concept will likely take which of the following steps if itlearned that its customers were dissatisfied with its product?a. hire more salespeopleb. decrease its organizational overheadc. increase its advertising to underserved marketsd. increase the number of outlets in which the product is solde. conduct research to determine if its customers' needs have changed35. At the Lands End web site a customer can chat on-line with customer service representativeswhile shopping. This live help allows customers to have questions answered before placingan order. This fo-cus on meeting customer needs illustrate a(n) _____ orientation.a. societalb. marketc. salesd. productione. one-to-one36. The marketing concept involves:a. focusing on customers' wants and needs so that the organization can distinguishits product (or products) from competitors' productsb. satisfying management's needs and wants with the idea of maximizing profits inthe short runc. selling as much product as possible under the assumption people will buy moregoods and services if aggressive selling techniques are usedd. selling as much as possible under the assumption consumers will buy more at lower pricese. focusing on production in order to increase product quality and lower prices37. The marketing concept stresses that the social and economic justification for anorganization's exis-tence is the satisfaction of customer needs and wants while:a. producing a good or service at the lowest possible costb. improving the general standard of livingc. constantly increasing sales volumesd. applying scientific management techniques to improve efficiencye. simultaneously meeting organization objectives38. After hearing his company criticized for its failure to respond to consumer needs, the CEO of abank realized that his company needs to adhere to the marketing concept and implement a market-oriented strategy. Which of the following actions would be the best approach to achieving this goal?a. reorganize the company and make marketing its most important departmentb. hire new salespeople to find new customersc. expand the advertising budget to make potential customers more aware of itsproduct of-feringsd. create cross-functional teams and instruct them to focus on creating greater customer valuee. hire a new product development manager.39. Jacques Torres Chocolate is a factory and retail store in Brooklyn. Its owner is willing to try to pro-duce new products when his customers suggest them--such as chili-pepper-laced chocolate candy.His only condition is that when he adds new products, his customers have the final say on whetherthe product is of any value. According to Torres, "If something doesn't move, that's the last time yousee it." By focusing on customers' wants, the chocolate company exhibits a(n)_____ orientation.a. exchangeb. productc. productiond. salese. market40. SAP, the world’s largest business software company, has pledged to put the “customer atthe center” of their universe. SAP has captured the idea of:a. the 80/20 ruleb. Maslow's hierarchy of needsc. the marketing conceptd. the sales orientation philosophye. the societal concept41. When a homeowner visited The Home Depot to buy what he thought he needed to fix a leaking toilet,he gathered up materials totaling almost $70. One his way to checkout, an employee asked him whatwas he trying to fix. After some discussion, the employee convinced the homeowner that a $5.99 re-placement part would fix the problem better than the materials he thought he needed and with lesstrouble. This sort of discussion between employees and customers is commonplace at The HomeDe-pot and indicates the retail store has a(n) _____ orientation.a. salesb. marketc. productd. exchangee. production42. At the Container Store every employee is trained to serve customers. Full time salespeoplereceive 240 hours of training. The Container Store works to hire people who are self-motivatedand have a passion for customer service. The Container Store has a(n) _____ orientation.a. salesb. marketc. productd. societale. production43. A company that wants to implement a market orientation would need to:a. do research on its customers, competitors, and marketsb. determine how to deliver superior customer valuec. establish and maintain mutually satisfying relationships with customersd. implement actions that provide value to customerse. do all of the activities listed44. An organization with a(n) _____ believes that it exists not only to satisfy customerwants and needs and to meet organizational objectives but also to preserve or enhanceindividuals' and society's long-term best interests.a. sales orientationb. market orientationc. ethical business missiond. focused target market strategye. societal orientationANS: EThe societal marketing concept extends the marketing concept by acknowledging that some products thatcustomers want may not really be in their best interests or the best interests of society as a whole.45. Most companies become sensitized to community issues after they've done enough damage todraw the locals' anger. Dofasco, Inc., a highly successful steel company in Ontario, tries to getahead of business and community issues by annually bringing together representatives from thelocal area and deciding what projects to improve the local environment will be implemented. Thisannual community-wide meeting indicates Dofasco has a _____ orientation.a. societal marketingb. salesc. reciprocal exchanged. productione. product46. Life is good ® no longer encloses its apparel in individual poly-bags when shipping to customers be-cause the management feels it harms the environment. This is an example of a _____ orientation.a. societal marketingb. salesc. reciprocal exchanged. productione. product47. Procter & Gamble decided to address the fact that Hispanic women are more likely to die frombreast cancer because they're reluctant to get mammograms or discuss screening. So P&G broughtscreening to the supermarket, parking mobile mammography vehicles in grocery store parking lots inTexas and inviting shoppers in for free x-rays. Tie-ins with local hospitals assured that women withsuspicious films got follow-up care. P&G adopted a _____ orientation to achieve this goal.a. promotionalb. societal marketingc. customer< br>d. marketinge. product48. Which of the following statements about the societal orientation is FALSE?a. Companies that protect the environment by using all-natural materials in theirproducts are showing a societal marketing orientation.b. Marketers cannot deliver all benefits sought by customers because thesebenefits may not be in the long-term best interests of the customers.c. The societal marketing concept is an important refinement of the market concept.d. Organizations have both a social and economic justification for their existence.e. The majority of consumers support environmentally-friendly companies andwillingly paying more for these products.49. Life is good® developed the “Good Karma” line of environmentally friendly 100% organic cottonap-parel. The production of the Good Karma line is be consistent with a _____ orientation.a. societal marketingb. supplierc. salesd. productione. philanthropic.50. Target shoppers can enroll in the Take Charge of Education® program so that Target will donateone percent of purchases made with a consumer’s REDcard, a Target credit card. The more moneycus-tomers spend, the larger the donation to the consumer’s school of choice. By instituting theTake Charge of Education® program to help local schools, Target has shown a _____ orientation.a. societal marketingb. supplierc. salesd. productione. philanthropic.51. Jewelry stores want to provide their customers with the highest quality of diamonds availableat the lowest possible prices. Unfortunately, the lowest priced diamonds these days are sold byAfrican rebels who use the profits to engage in genocide. Human rights organization have askedjewelers to buy diamonds that are "conflict-free," that is from South Africa, Australia, or Canada.LeeBrant is one retail jewelry store that sells only diamonds that are certified to be from thesecountries. LeeBrant is exhibiting which marketing management orientation?a. productionb. salesc. societal marketingd. directe. omnipotent52. Which marketing management philosophy focuses on the question, “What can we make or do best?”a. productionb. marketingc. salesd. societale. internal53. Which marketing management philosophy focuses on the question, “How can we sellmore aggres-sively?”a. productionb. marketingc. salesd. externale. internal54. Which marketing management philosophy focuses on the question, “What do customerswant and need?”a. salesb. productionc. productd. markete. internal55. Which marketing management philosophy focuses on the question, “What do customerswant and need, and how can we benefit society?”a. internalb. externalc. salesd. societal marketinge. productionThe societal marketing concept extends the marketing concept by acknowledging that some products thatcustomers want may not really be in their best interests or the best interests of society as a whole.56. The sales and market orientations differ on all of the following characteristics EXCEPT:a. those to whom the product is directedb. firm’s performancec. firm’s businessd. firm’s primary goale. tools to achieve goals57. Market-oriented firms primarily focus their efforts upon:a. improving the technological skills and competitive advantages of the firmb. satisfying the organization's needs for low overheadc. achieving the company’s societal responsibilities inexpensivelyd. distributing goods and servicese. satisfying the wants and needs of their customers58. Which of the following statements about a typical sales-oriented business is true?a. The company develops its products to meet the needs of specific groups of people.b. The primary goal of the company is profit through customer satisfaction.c. The company invests the majority of its resources in promoting its products and services.d. The company is in business to satisfy customers' wants and needs anddeliver superior value.e. All of these statements about a typical sales-oriented business are true.59. _____ is defined as the relationship between benefits and the sacrifice necessary to obtainthose bene-fits.a. Opportunity costb. Marketing utilityc. Market qualityd. Satisfaction percentagee. Customer value60. The U.S. Postal Service (USPS) argues that its express service is comparable to what is offered byFedEx and that its prices are much lower. Yet, FedEx dominates with more than a 45 percent shareof the express-delivery market. Which of the following statements describes this situation?a. The USPS is perceived as offering greater customer value.b. FedEx is perceived as offering greater customer value.c. FedEx and the USPS offer the same customer value.d. Customer value is not an issue in deciding which express-delivery service to use.e. The USPS should lower its prices even further to increase market share.
Question_CHAP10_7DEC Question_CHAP10_7DEC Question 1. Under the equity method of accounting for investments, an investor recognizes its share of theearnings in the period in which thea. Investor sells the investmentb. Investee declares a dividendc. Investee pays a dividendd. Earnings are reported by the investee in its financial statements2. Pence Corporation, which accounts for its investments in the common stock of Walsh Companyby the equity method, should ordinarily record a dividend received from Walsh asa. An addition to the carrying value of the investmentb. Dividend revenuec. A reduction of the carrying value of the investmentd. Revenue from affiliate3. On January 15, 2002, a corporation was granted a patent on a product. On January 2, 2010,to protect its patent, the corporation purchased a patent on a competing product the originallywas issued on January 10, 2008. Because of its unique plant, the corporation does not feel thecompeting patent can be used in producing a product. The cost of the competing patent should bea. Amortized over a maximum period of 17 yearsb. Amortized over a maximum period of 13 yearsc. Amortized over a maximum period of 9 yearsd. Expensed in 20104. Pacer Company purchased 300 of the 1, 000 outstanding shares of Queen Company’s commonstock for $80,000 on January 2, 2008. During 2009, Queen Company declared dividends of$8,000 and reported earnings for the year of $20,000.If Pacer Company uses the equity method of accounting for its investment in Queen Company,its Investment in Queen Company account at December 31, 2009 should bea. $100, 000b. $88,000c. $83,600d. $80,0005. Refer to the facts in problem (4). If Pacer Company uses the lower of cost or market method ofaccounting for its investment in Queen Company, and the value of its investment hasn’t changed,its Investment in Queen Company account on December 31, 2009, should bea. $100, 000b. $88,000c. $80,000d. $73,6006. A large, publicly held company developed and registered a trademark during 2010. The cost ofdeveloping and registering the trademark should be accounted for bya. Charging it to an asset account that should not be amortizedb. Expensing it as incurredc. Amortizing it over 25 years if in accordance with management’s evaluationd. Amortizing it over its useful life or 17 years, whichever is shorter7. Goodwill should be written offa. As soon as possible against retrained earningsb. When there is evidence that its carrying value has been impairedc. By systematic charges against retained earnings over the period benefited, but not morethan 40 yearsd. By systematic charges to expense over the period benefited, but not more than 40 years8. A net unrealized loss on a company’s long-term portfolio of available for sale securities shouldbe reflected in the current financial statements asa. An extraordinary item shown as a direct reduction from retained earningsb. A current loss resulting from holding marketable equity securitiesc. A footnote or parenthetical disclosure onlyd. A component of other comprehensive income9. Changes in the fair value of a long-term available for sale equity securities portfolio should bereported as a component ofa. Other comprehensive incomeb. Noncurrent assetsc. Noncurrent liabilitiesd. Net income10. Cash dividends declared out of current earnings are distributed to an investor. How will theinvestor’s investment account be affected by those dividends under each of the followingaccounting methods?a. Decrease No effectb. Decrease Decreasec. No effect Decreased. No effect No effect11. An activity that would be expensed currently as research and development costs is thea. Testing in search for or evaluation of product or process alternativesb. Adaptation of an existing capability to a particular requirement or customer’s need as a partof continuing commercial activityc. Legal work in connection with patent applications or litigation, and the sale or licensing ofpatentsd. Engineering follow-through in an early phase of commercial productionFair Value Method Equity Method12. Should the following fees associated with the registration of an internally developed patent becapitalized? Legal fees feesa. Yes Yesb. Yes Noc. No Yesd. No No13. Which of the following assets acquired in 2010 are amortizable? Goodwill Trademarksa. No Nob. No Yesc. Yes Nod. Yes No14. A purchased patent has a remaining life of 15 years. It should bea. Expensed in the year of acquisitionb. Amortized over 15 years regardless of its useful lifec. Amortized over its useful life if less than 15 yearsd. Amortized over 40 years15. Which of the following amounts incurred in connection with a trademark should be capitalized? Cost of a Registration Successful defense feesa. Yes Nob. Yes Yesc. No Yesd. No No16. Zink Company owns 32% of Ace Company's outstanding voting stock. Zink Company normallyshould account for its investment in Ace Company using thea. Fair value method.b. Cost method.c. Consolidation procedure.d. Equity method.1. An investor purchased a bond as a long-term investment on January 1. Annual interest wasreceived on December 31. The investor’s interest income for the year would be lowest if the bondwas purchased ata. A discountb. A premiumc. Pard. Face value19. The theoretical justification for expensing research and development (R&D) cost as it is incurredis based on which of the following arguments?a. R&D costs provide no future benefits, thus it does not meet the definition of an assetb. R&D costs are incurred to generate current period revenue, thus the matching conceptrequires that it be expensed as incurred.c. Whether R&D costs that have been incurred will provide future benefit is uncertain, thus itdoes not meet the definition of an asset.d. Since R&D costs have been incurred during the current period, they meet the definition of anexpense.20. When a patent is successfully defended in court, the cost of the lawsuita. Should be expensed as incurred because it is a period cost.b. Should be added to the cost of the patent and depreciated over the remaining useful life of thepatent.c. Should be added to the cost of the patent which is then expensed as a period cost.d. Has already been expensed so there is no further action to take.21. Goodwill is an intangible asseta. That has a definite life and its cost should be amortized over its useful life.b. That is recorded when the company has projected earnings in excess of earnings expected foran investment in a similar company in the same industry.c. That is reviewed for impairment when circumstances indicate that impairment may haveoccurred.d. That is reviewed annually to determine whether impairment has occurred.22. A trading security is measured at fair value on the balance sheet date and reported asa. A current asset, and changes in fair value are reported in earnings as unrealized gains andlosses.b. A current asset, and changes in fair value are reported in earnings as realized gains andlosses.c. Either a current or noncurrent asset depending on whether they meet the definition of acurrent asset.d. A current asset, and changes in fair value are reported in accumulated other comprehensiveincome as unrealized gains and losses.23. Current accounting for an available-for-sale (AFS) security is consistent witha. The financial capital maintenance concept of income because AFS security unrealized gainsand losses are reported in earnings.b. The financial capital maintenance concept of income because AFS security unrealized gainsand losses are reports in other comprehensive income.c. The physical capital maintenance concept of income becaus e AFS security unrealized gainsand losses are reported in earnings.d. The physical capital maintenance concept of income because AFS security unrealized gainsand losses are reported in other comprehensive income.24. The physical capital maintenance concept of income would require that an investment in thecommon stock of another entity bea. Reported in the balance sheet at historical cost and that only realized gains and losses bereported in earnings.b. Reported in the balance sheet at historical cost and that unrealized gains and losses bereported in earnings.c. Reported in the balance sheet at fair value and that unrealized gains and losses be reported inearnings.d. Reported in the balance sheet at fair value and that unrealized gains and losses be reported inother comprehensive income.25. The economic concept of income would require that an investment in the common stock ofanother entity bea. Reported in the balance sheet at historical cost and that only realized gains and losses beb. Reported in the balance sheet at historical cost and that unrealized gains and losses bec. Reported in the balance sheet at fair value and that unrealized gains and losses be reported ind. Reported in the balance sheet at fair value and that unrealized gains and losses be reported inreported in earnings.reported in earnings.earnings.other comprehensive income.26. Under the fair value option, an investment in the common stock of another entity will bea. Reported as a current assetb. Reported as a noncurrent assetc. Reported as either a current or noncurrent asset depending on managerial intent.d. Reported as a current asset only if it was not previously reported as an equity methodinvestment.27. When a company reports goodwill in its balance sheet, we know thata. It was internally generated because the company has earnings in excess of those of otherb. The company purchased it.c. The company will be reporting amortization expense for the goodwill.d. The company will not be reporting an impairment loss for the goodwill.companies in the industry.Essay1. How are income and balance sheet values determined under the equity method?2. Discuss accounting for equity securities under the cost method.3. Discuss accounting for equity securities under the SFAS No. 115 now contained at FASB ASC320.4. Summarize the accounting requirements for investments in equity securities. That is, whatmethods are available and when is each method appropriate?5. Discuss the use of the fair value option originally described in SFAS No. 159 now contained atFASB ASC 825-10.6. Discuss accounting for investments in debt securities.7. What is an intangible asset? How is the cost of an intangible asset amortized?.8. What is goodwill? How is goodwill written off under the provisions of SFAS No. 142 now FASBASC 350?9. Define research and development. How are research and development costs recorded10. How does IAS No 39 define fair value?
Merging IT at DaimlerChrysler Merging IT at DaimlerChrysler Question Project DescriptionsProject 1: Case Study—Gap AnalysisRead the following 2002 article: Merging IT at DaimlerChrysler http://www.cioinsight.com/c/a/Past-News/Case-Study-Merging-IT-at-DaimlerChrysler/ (This company no longer exists, but for the purposes of this course, we will consider this to be a current situation.)Using the gap analysis template provided in Course Content, determine where technology gaps exist within the candidate infrastructure. Order and define these technology gaps in a logical and concise manner for analysis.Step 1: Determine the application or technology and related sub-elements under evaluation—at least 10 items should be derived from the case study.Step 2: Based on the information provided in the case study, document how the application under evaluation is performing. Include any issues or problems.Step 3: What timeline is expected? Provide estimates regarding expected/needed implementations, with rationale.Step 4: Describe how the application will operate after the indicated issues have been addressed. Describe the optimal state of the application, and highlight the differences between the "as is" and "to be" states within the candidate infrastructure.Step 5: Provide a high-level recommendation regarding the next steps to take in making the effort to close the gap. Also, describe and prioritize the risks associated with moving to the "to be" state.The deliverable for this case study assignment will be a fully completed template, one-to-two pages in length.
Daniel B. Butler and Freida C. Butler, husband and wife, file a joint return. Daniel B. Butler and Freida C. Butler, husband and wife, file a joint return. Question 59. Daniel B. Butler and Freida C. Butler, husband and wife, file a joint return. The Butlers live at 625 Oak Street in Corbin, KY 40701. Dan's Social Security number is 111–11–1111, and Freida's is 123–45–6789. Dan was born on January 15, 1962, and Freida was born on August 20, 1962.During 2012, Dan and Freida furnished over half of the total support of each of the following individuals, all of whom still live at home:a. Gina, their daughter, age 22, a full-time student, who married on December 21, 2012, has no income of her own and for 2012 did not file a joint return with her husband, Casey, who earned $10,600 during 2012. Gina's Social Security number is 123–45–6788.b. Sam, their son, age 20, who had gross income of $6,300 in 2012, dropped out of college in October 2012. He had graduated from high school in May 2011. Sam's Social Security number is 123–45–6787.c. Ben, their oldest son, age 26, is a full-time graduate student with gross income of $5,200. Ben's Social Security number is 123–45–6786.Dan was employed as a manager by WJJJ, Inc. (employer identification number 11–1111111, 604 Franklin Street, Corbin, KY 40702), and Freida was employed as a salesperson for Corbin Realty, Inc. (employer identification number 98–7654321, 899 Central Street, Corbin, KY 40701). Information from the W–2 Forms provided by the employers is presented below. Dan and Freida use the cash method.Line Description Dan Freida1 Wages, tips, other compensation $74,000 $86,0002 Federal income tax withheld $11,000 $12,4003 Social Security wages $74,000 $86,0004 Social Security tax withheld $3,108 $3,6125 Medicare wages and tips $74,000 $86,0006 Medicare tax withheld $1,073 $1,24715 State Kentucky Kentucky16 State wages, tips, etc. $74,000 $86,00017 State income tax withheld $2,960 $3,440View PDFBack to Top P. 4_50Bookmark Title:Freida sold a house on December 30, 2012, and will be paid a commission of $3,100 (not included in the $86,000 reported on the W–2) on the January 10, 2013 closing date.Other income (as reported on 1099 Forms) for 2012 consisted of the following:Dividends on CSX stock (qualified) $4,200Interest on savings at Second Bank 1,600Interest on City of Corbin bonds 900Interest on First Bank CD 382View PDFThe $382 from First Bank was original issue discount. Dan and Freida collected $16,000 on the First Bank CD that matured on September 30, 2012. The CD was purchased on October 1, 20010, for $14,995, and the yield to maturity was 3.3%.Dan received a Schedule K–1 from the Falcon Partnership, which showed his distributive share of income as $7,000. In addition to the above information, Dan and Freida's itemized deductions included the following:Paid on 2012 Kentucky income tax $ 700Personal property tax paid 600Real estate taxes paid 1,800Interest on home mortgage (Corbin S&L) 4,900Cash contributions to the Boy Scouts 800View PDFSales tax from the sales tax table is $1,860. Dan and Freida made Federal estimated tax payments of $8,000. The Kentucky income tax rate is 4%.Part 1—Tax ComputationCompute Dan and Freida's 2012 Federal income tax payable (or refund due). If you use tax forms for your computations, you will need Form 1040 and Schedules A, B, and E. Suggested software: H&R BLOCK At Home.If the Butler’s should itemize their deductions please be sure to use Schedule A.Part 2: Dan plans to reduce his work schedule and work only half time for WJJJ in 2013. He has been writing songs for several years and wants to devote more time to developing a career as a song writer. Because of the uncertainty in the music business however, he would like you to make all computations assuming he will have no income from song writing in 2013. To make up for the loss of income Frida plans to increase the amount of time she spends selling real-estate she estimates that she will be able to earn $90,000 in 2013. Assume that all other income and expense items will be approximately the same as they were in 2012. Assume that sam will be enrolled in college as a full time student for the summer and fall semesters. Will the butlers have more or less disposable income after federal income tax in 2013. Write a letter to the butlers that contains your advice and write a memo for the tax files.
Accounting question Accounting question Question Emmet case question attached , Attachments (8623.13 KB)
Question_Mathis_7Dec Question_Mathis_7Dec Question 1. Which is not one of the major challenges currently facing HR managers?a. motivating employees without pay raises and promotionsb. changing federal, state and local legal requirementsc. adjusting benefit programs due to increasing costsd. replacing “baby boomers” as they exit the workplace2. Human resource management isa. supervising, monitoring, controlling, and disciplining employees in order to achieveorganizational goals efficiently and effectively.b. the designing of organizational systems to ensure that human talent is used effectively andefficiently to accomplish organizational goals.c. the efficient and effective use and coordination of human capital to ensure the profitabilityand long-term sustainability of the organization.d. the design of the interface between the human capital of the firm and its technological andfinancial capital in order to efficiently and effectively reach organizational goals..3. When the human resources function creates a unique capability in a firm that creates high value anddifferentiates the organization from its competition, human resources is a/an ____ for the firm.a. intangible assetb. core competencyc. critical capabilityd. strategic contributor4. The collective value of the capabilities, knowledge, skills, life experiences and motivation of anorganizational workforce is calleda. the organization’s talent inventory.b. total human resources.c. human capital.d. the organization’s intellectual assets.5. Through the ____ function, HR management provides the organization with a sufficient supply ofqualified individuals to fill the jobs in the organization.a. staffingb. equal employment opportunityc. talent managementd. employee and labor relations6. Which of the following activities would NOT fall into the risk management function of HR?a. Sending all employees a text message requiring them to report in to a designatedindividual after an earthquake affects the city in which the company’s plant is located.b. Negotiating with a representative of the Occupational Safety and Health Administration(OSHA) about appropriateness of a measure to reduce harmful gases in a mine.c. Requiring employees to purchase a minimal level of life insurance when they are deployedoverseas.d. Designing policies and procedures for a shipping firm to handle episodes of piracy andemployee hostage-taking..7. Compensation and benefits managers in almost all organizations face a major and growing concernregarding the cost ofa. equalization of pay between men and women.b. incentive pay for hourly employees.c. health-care benefits.d. outsourcing to lower-wage countries.8. Talent management includes which of the following activities?a. job-skill trainingb. wage and salary administrationc. diversity assessment and analysisd. environmental scanning9. ____ identifies paths and activities for individual employees as they develop within the organization.a. Staffingb. HR developmentc. Equal Employment Opportunityd. Career planning10. A large Japanese semiconductor manufacturer is building a manufacturing plant in rural Texas. TheJapanese firm has developed a highly-effective system of motivating employees which results in highproductivity and high worker satisfaction. As an HR consultant to the Japanese firm, what should youradvice be?a. The Japanese firm should study the local Texas culture and redesign its motivation systemfor the U.S. plant.b. The Japanese firm can implement the same motivation system in Texas and expect highproductivity and high employee satisfaction.c. The rural Texas and Japanese cultures are so different, that there is little likelihood that aJapanese-operated plant in Texas could be successful.d. As long as the Japanese company’s motivation system is based on pay-for-performance,the Texas employees will be as productive and satisfied as their Japanese counterparts.11. The shared values and beliefs of an organization is itsa. social network.b. ethical environment.c. intellectual capital.d. organizational culture.12. Which of the following statements about organizational culture is FALSE?a. The organization’s culture is seen in its norms of expected behaviors, values, philosophies,rituals and symbols.b. An organization’s rules of behavior may not be beneficial and may limit the organization’sperformance.c. Organizational cultures are static, and tend to remain almost identical to the cultureestablished by the founder.d. Values determine how organizational members treat coworkers and people outside theorganization.13. Organizational productivity for the local Meals on Wheels charity ultimately affects the organization’sa. total costs.b. profitability.c. total revenue.d. competitiveness.14. Unit labor cost is a measure ofa. productivity.b. profitability.c. sustainability.d. efficacy.15. Due to an urgent need to cut costs, Rotary Dial, Inc., has decided to eliminate its quarterly off-sitetraining conference for managers at all four of its locations with video conferencing. This reducestravel costs significantly and allows the company to lay off two training staff. This is an example ofa. organizational restructuring.b. aligning HR activities with organizational productivity efforts.c. outsourcing an organizational function.d. re-designing work.16. From an HR perspective, the most compelling reason given below for an organization to have areputation for social responsibility is toa. heighten the HR director’s reputation.b. increase the ability to attract and retain employees.c. increase quarterly profits.d. improve the ability to succeed in bids for governmental contracts.17. In the HR context, “sustainability” is defined asa. the requirement for organizations in polluting industries, such as manufacturers and utilitycompanies, to reduce their impact on the environment.b. the ability to continue to operate, survive and adjust to significant change.c. the ability to maintain proper employee flow in, through and out of the organization.d. the development of organizational policies and procedures that allow the organization tocontinue to operate in foreign countries which have strict environmental regulation.18. The explicit aspects of organizational culture include all of the following EXCEPTa. training.b. regulations.c. sustainability.d. policies.19. Taking a “green” approach with HR policies can result in all of the following, EXCEPTa. a reduction in the need for safety and health professionals in the organization.b. reduced operational costs.c. a positive effect on attracting, retaining and motivating employees.d. a more strategic emphasis in the organization.20. The customer service department of the cell phone company serving a 10-state region in theSouthwest, has a reputation of being unhelpful to customers and sometimes customer servicerepresentatives are considered surly and rude to customers, especially to technologically- challengedcallers. The cause of this behavior by the customer-relations is most likely to bea. the customer service department being located in New York City.b. a lack of focus on the customer by managers and employees.c. dissatisfied and difficult customers.d. low pay in the customer service positions.21. Beverly, a child care supervisor at a children’s hospital in a large urban area, communicates on a dailybasis with other employees and community contacts through tweets, texts and blogs. She sendspositive news and updates about the activities of the hospital. This social networking is not part of herformal job responsibilities. We can say that Beverly is probablya. exposing the hospital to violation of privacy lawsuits and should be prohibited from thisnetworking.b. highly engaged with the organization.c. looking for excuses to avoid working.d. a contingent employee trying to impress her boss so that she will be moved to regularemployee status.22. The extent to which employees feel linked to organizational success and how the organizationperforms positively is termeda. employee engagement.b. employee performance motivation.c. employee morale.d. employee organizational commitment.23. Whether employees and managers of an organization behave ethically is fundamentally a function ofa. professional codes of ethics.b. the relevant laws and legal guidelines applying to the organization and its industry.c. the employee’s level of education.d. the organization’s culture.24. As Director of HR, you are designing an ethics program for your organization. You plan to develop awritten code of ethics, training for all organizational members, and means for organizational membersto obtain advice on ethical situations. What critical element is missing from your plan?a. systems for confidential reporting of misconduct.b. a discipline system for offenders against the code of ethics.c. designating a high-level staff position as an ethics officer.d. ensuring that the organization’s code of ethics is not more restrictive than the relevantlaws.25. Cisco Systems HR department instituted ethics training based on the TV show American Idol. All ofthe following are advantages of this training technique EXCEPTa. the ethics training can be available constantly.b. employees are able to access the program during non-working hours.c. the ability to reach large numbers of employees.d. it facilitates face-to-face interaction of trainers and trainee-employees.26. Arnold is the HR manager for a mid-sized engineering consulting firm. The types of ethicalmisconduct he is most likely to encounter in his daily work as an HR manager include all of thefollowing EXCEPTa. employees misrepresenting hours and times worked.b. employees misusing organizational supplies.c. collusion among Arnold’s firm and its competitors to rig bids on government contracts.d. employees sexually harassing co-workers.27. Which of the following statements is TRUE?a. The HR function in the organization is largely insulated from unethical behaviors.b. The HR department is largely responsible for the unethical behaviors of employees in theorganization.c. HR management is the voice of organizational ethics.d. HR management must focus on clearly illegal behaviors within the firm and leave ethicsup to the conscience of each individual manager.28. In organizations, in order to decide whether certain behavior is ethical or not, a person must answer allthe following questions EXCEPTa. Does this behavior conform to typical behavior by employees of competing organizations?b. Does this behavior meet all applicable laws, regulations, and government codes?c. Does this behavior meet organizational standards?d. Does this behavior meet professional standards?29. The roles played by HR management in the firm are being affected by all of the following EXCEPTa. the shift from a service economy to a manufacturing economy.b. the globalization of business.c. cost reduction pressures.d. an aging workforce.30. The main pressure behind U.S. firms resulting in facility closings, international outsourcing, anddecreasing their labor costs is froma. intense domestic competition.b. obsolescence of plant and equipment in the U.S. manufacturing sector.c. global competition.d. the growth in information technology.