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NEW QUESTION: 1
If your new business (in which you have invested $50,000, which you previously kept in savings, earning 10% interest) earns an accounting profit of $30,000 in the first year, and you had previously been employed as a ditch-digger, earning $10,000 per year, your economic profit is:
A. $20,000.
B. 15,000.
C. -30,000.
Answer: B
Explanation:
Economic profit is total revenue minus both explicit and implicit costs. Accounting profit includes only explicit costs. Thus your economic profit is 30,000 - 10,000 (foregone salary) - 5,000
(foregone interest) = 15,000. The $50,000 is not an opportunity cost, because it is not gone, merely invested in the business.
NEW QUESTION: 2
OSHA may inspect a workplace at any time. The purpose of these inspections is to maintain safety for all workers. OSHA has established five priorities for workplace inspections. Which one of the following statements is the correct order of most important OSHA priorities to least important OSHA priorities?
A. Imminent danger, catastrophes and fatal accidents, employee complaints, planned inspections in high-hazard industries, follow-up inspections
B. Imminent danger, catastrophes and fatal accidents, planned inspections in high-hazard industries, follow-up inspections, and employee complaints
C. Imminent danger, catastrophes and fatal accidents, planned inspections in high-hazard industries, employee complaints, and follow-up inspections
D. Imminent danger, planned inspections in high-hazard industries, employee complaints, catastrophes and fatal accidents, follow-up inspections
Answer: A
Explanation:
Reference: PHR Exam prep, Pearson Education, ISBN: 978-0-7897-3677-2. Chapter 8: Risk Management. Official PHR and SPHR Certification Guide, HR Certification Institute, ISBN: 978-1-586-44149-4, Section III, The US HR Body of Knowledge.
Chapter: Risk Management
Objective: Risk Assessment
NEW QUESTION: 3
You are a functional consultant for Contoso Entertainment System USA (USMF).
You plan to import customers from an old legacy system to USMF.
You need to identify the format used for the customer details v2 entity by creating an export job. The solution must use a Microsoft Excel data format and Contoso Europe. To validate your results, save the file in Microsoft Excel format to the Downloads\Customer folder.
To complete this task, sign in to the Dynamics 365 portal.
NOTE: To complete this task, you must configure the Shared working directory for the Framework parameters to C:\users\public\documents\.
Answer:
Explanation:
See explanation below.
Navigate to System Administration > Workspaces > Data management.
Click the Framework parameters tile.
In the Shared working directory field, enter C:\users\public\documents\ then click Validate.
Click the Export tile.
In the Name field, enter a name for the export job.
In the Entity Name field, select the Customer details v2 entity.
Click on Add entity.
In the Target data format field, select EXCEL.
Set the Skip staging option to No.
Click the Add button.
Click Export to begin the export.
Click on Download package.
Select the Downloads\Customer folder as the location to save the downloaded file.
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