Compute a materials price variance for the plates purchased last month and a materials quantity variance for the plates used last month. Materials Price Variance measures the difference between what is paid for a given quantity of materials and what should have been paid according to the standard. (Actual Quantity x Actual Price) – (Actual Quantity x Standard Price) or AQ (AP-SP) Materials Price Variance = 12‚000 plates x ($2.50 - $2.35) = $1‚800 Materials Quantity Variance measures the difference
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Commercial Law Agency An agent is determined by law. Determined by the legal implications of what the person does. Must be acting for a principal cannot stand alone. (a)Agent has the legal authority to bind or incur liability for which the principal can be responsible. The primary role of an agent is to negotiate or conclude contracts on behalf of a principal. Actions are treated like that of the principal. Consent can be determined by the Court. (b)Agent is a person who is recognized by law as having
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David A. Robinson does an excellent job of explaining discrimination in the work force. In the introduction David A. Robinson gives us the acronym REGARDS and it stands for race‚ ethnicity‚ gender‚ age‚ religion‚ disability‚ and sexual orientation. (Page2) In his introduction he explains very well what he will discuss in the book. He also simplifies the Employment Discrimination Law with 3 characteristic points. “1) The person cannot change (or would have considerable difficulty changing)‚ 2) do
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allow the business to grow or will it dictate the demise of the future of Acme Fireworks Company? Is there a choice to be unsuccessful or just what the rest of the business world already knows. This will be a collaboration of how and why different laws and decisions affect a business. The company is going to explore protecting itself‚ or going to make a poor legal decision that could either cost the company its business license. Also what it means to be a sole business operator‚ partnership or corporation
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DOWNLOAD HERE HOSP 585 Week 4 Midterm Exam 1. (TCO A) Which of the following is not a common promotion used in the lodging industry? 2. (TCO A) Which department offers the highest profit margins? 3. (TCO A) Critical to the successful executive chef’s skill set is the ability to ______ 4. (TCO A) The progress of the reservations received against the number blocked out is called the: 5. (TCO B) RevPAR is a product of 6. (TCO B) A daily analysis report generated by the reservations
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Week 5 quiz 1. In the U.S. current account‚ most of the trade deficit results from an excess of imported B. merchandise 2. What is the difference between the balance of trade and the balance of payments? A. The balance of trade is only part of the balance of trade. 3. If a government has implemented significantly higher trade tariffs‚ but does not want this action to affect the value of its currency‚ it will B. buy foreign currency because the tariffs will tend to make the domestic
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One of many problems faced by law enforcement in society today is public perception of an agency’s ethical issues. These issues can stem from behavior of an individual to the practices of an agency. Regardless‚ the ethical practices of a law enforcement agency are vital in establishing trust with the citizens whom they serve‚ retention of the officers whom they employ and maintaining the ability to work with outside organizations. At the forefront of all this is human resource management. The responsibility
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How has the Sarbanes-Oxley Bill influenced reporting by governmental agencies and not-for-profit organizations? Does the Public Company Accounting Oversight Board have authority to establish auditing standards for not-for-profits? What specific steps might governmental agencies or not-for-profits take to comply with the requirements of the Sarbanes-Oxley Bill? 1. Reporting for governmental agencies and not-for profits has become more detailed including management representations related to the
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Employment Law: Legal Process for a Discrimination Complaint The purpose of this assignment is two-fold: (1) analyze a scenario in which an employee wishes to file a discrimination complaint against his/her private sector organization and (2) explain the civil litigation process for such a claim. "Litigation refers to the process by which cases are brought and prosecuted in the court system" (Legal Advice for Free‚ 2005a). In the case of a discrimination suit‚ the civil litigation process begins
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Chapter 5 Constitutional Law I. The Constitutional Powers of Government 1789 i. A Federal Form of Government- national government and the states share sovereign power ▪ National gov’t has the implied power ▪ All other powers are reserved for states under 10th amend • Regulate affairs with in boarders ▪ Police Powers- regulate private activities to promote the public order‚ health‚ safety‚ morals‚ and general welfare ii. Relations Among the States ▪ The Privileges
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