ACCT11-100 Lecture Notes - Global Warming

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almas8

22 Feb 2022

School

Bond University

Department

ACCT

Course

ACCT11-100

Professor

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The term biodiversity (from biological diversity ) refers to the variety of life on earth at all its levels, from genes to ecosystems, and can encompass the evolutionary, ecological, and cultural processes that sustain life. Biodiversity, or biological diversity, is a term that refers to the number of genes, species, individual organisms within a given species, and biological communities within a defined geographic area, ranging from the smallest ecosystem to the global biosphere. This loss in the variety of life can lead to a breakdown in the functioning of the ecosystem where decline has happened. Draughts are one natural source for a loss in biodiversity. Since water is an essential prerequisite for all life on earth, a lack of water has serious consequences for all species. Plants which have not enough water will die off or will provide smaller crop yields. Animals will die since there organism is not able to work without water.

Related Questions

Explain how cultural diversity can affect the effectivefunctioning of virtual teams operating in a global economy

TAX AND AUDIT DEPARTMENT

Discussion

In this Unit, you will evaluate and address culture anddiversity in the workplace. Before continuing on to answer thequestions, review the following PREZIâ¢ presentation: âUnderstandingthe Cultural Dimensions of an Organization.â

Read the article âGetting a Read on Corporate Cultureâ

Read the information on IFRS.

Additionally, your internship/externship employer should haveprovided you with an employee manual that outlines theorganizational policies and procedures. An important part of anyemployee manual is the organizationâs policy statement on cultureand diversity. If your internship/externship employer does not havea policy statement with regard to culture and diversity, you willneed to analyze the organization's position on culture anddiversity based on your experiences and observations.

Answer the following questions about your experiences andobservations at your internship/externship organization with regardto cultural literacy in personal and professional environments:

What are some basic dimensions that describe the culturalorientation of your externship employer organization?

What are some of the major characteristics of diversity in yourexternship employer organization?

What privacy issues impact stakeholders in your externshipemployer organization?

Based on your observations, are there motivational differencesbetween employees across cultures in your externship employerorganization?

Be sure to discuss the following topics within your answerpost:

Apply cultural literacy in personal and professionalenvironments.

Respect for other cultures

Communicate and adopt across cultures

Impact of actions on you and others

Aware of the value of and limitations

Sources:

The Society for Experiential Learning and Development (2012).Understanding the cultural dimensions of an organization [PreziPresentation]. Retrieved fromhttp://www.seld.us/understanding-the-cultural-dimensions-of-an-organization/

Career Arc Group (2012). Getting a read on corporate culture.Retrieved fromhttp://www.internships.com/student/resources/workplace/the-first-few-days/getting-a-read-on-corporate-culture

Worley Company buys surgical supplies from a variety ofmanufacturers and then resells and delivers these supplies tohundreds of hospitals. Worley sets its prices for all hospitals bymarking up its cost of goods sold to those hospitals by 6%. Forexample, if a hospital buys supplies from Worley that had costWorley $100 to buy from manufacturers, Worley would charge thehospital $106 to purchase these supplies.

For years, Worley believed thatthe 6% markup covered its selling and administrative expenses andprovided a reasonable profit. However, in the face of decliningprofits Worley decided to implement an activity-based costingsystem to help improve its understanding of customer profitability.The company broke its selling and administrative expenses into fiveactivities as shown below:

Activity Cost Pool (Activity Measure)	Total Cost		Total Activity
Customer deliveries (Number of deliveries)	$	445,000	5,000	deliveries
Manual order processing (Number of manual orders)		525,000	7,000	orders
Electronic order processing (Number of electronicorders)		260,000	13,000	orders
Lineitem picking (Number of line items picked)		1,035,000	450,000	line items
Other organization-sustaining costs (None)		690,000

Total selling and administrative expenses	$	2,955,000

Worley gathered the data below for two of the manyhospitals that it servesâUniversity and Memorial (both hospitalspurchased a total quantity of medical supplies that had cost Worley$37,000 to buy from its manufacturers):

	Activity
Activity Measure	University	Memorial
Number of deliveries	14	24
Number of manual orders	0	48
Number of electronic orders	15	0
Number of line items picked	150	230

Required:
1.	Compute the total revenue that Worley would receive fromUniversity and Memorial.
	University Memorial

Compute the activity rate for each activity cost pool.(Round your answers to 2 decimal places.)

Customer Deliveries

Manual Order Processing

Electronic Order Processing

Line Item Picking

3.	Compute the total activity costs that would be assigned toUniversity and Memorial. (Round your intermediatecalculations and final answers to 2 decimal places.)
	University Memorial

Compute Worleyâs customer margin for University and Memorial.(Hint: Do not overlook the $37,000 cost of goods sold that Worleyincurred serving each hospital.) (Loss amount should beindicated with a minus sign. Round your intermediate calculationsand final answers to 2 decimal places.

University

Memorial

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ACCT11-100 Lecture Notes - Global Warming

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