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Thursday, September 3, 2020

Managerial Accounting Assignment Example | Topics and Well Written Essays - 1000 words

Administrative Accounting - Assignment Example he readiness of the Income explanation were the prohibition of the past expenses with respect to the crude material, work in process and completed products which were in the initial load of the organization toward the beginning of the year. Let’s start with the expense of merchandise fabricated explanation. While arrangement of the expense of products made proclamation, the initial supply of the crude material ought to be added to the current year buys as it shapes a piece of the material that will be utilized during the year. Notwithstanding, the closure crude material ought to be deducted on the grounds that it the measure of stock which was not utilized in the creation procedure. This gives the crude material utilized. (Representing Management n.d.) The work cost that was straightforwardly brought about with the crude material ought to be added to the crude material utilized expense alongside all the costs which were acquired regarding the change of the crude material into work in process or completed merchandise. As opposed to taking away all the costs legitimately from the business, costs ought to be bifurcated in relation to the costs acquired regarding the processing plant, for example, the deterioration of the plant, protection worried about production line and the utilities paid for the plant building which were $31,000, $8,400 and $4800 individually should frame a piece of the expense of merchandise made proclamation. The work in process opening expense ought to be added to the expense of assembling and the consummation work in procedure ought to be deducted for example $14,000 and $16,000 individually. In the wake of including all the costs, the expense of products fabricated remained at $572,200. The expense of merchandise made got from the announcement ought to be added to the opening completed products stock which was disregarded and the consummation supply of completed merchandise ought to be deducted from it which will deliver the gross benefit of the organization that was $225,800. (Investopedia) The costs of the organization which were exclusively brought about with the selling and administrator, for example, the 30% and 40%

Wednesday, August 26, 2020

Historical Criticism of Mans Fate :: essays papers

Verifiable Criticism of Mans Fate Man’s Fate is an anecdotal story dependent on the 1927 Chinese upset in Shanghai. The fundamental characters, Ch’en, Kyo, May, Katov, and Old Gisors speak to various features of Malraux’s conviction framework and character. The story opens where Ch’en is in the room of a dozing man who he’s going to kill. The death of the agent can be viewed as the demolition of the private enterprise Malraux saw as the reason for the â€Å"oppressed and abused Chinese† (Greenlee 59). Malraux originated from a messed up home and had extraordinary sympathy for the regular workers. As Ch’en is holding the knife, he centers around his victim’s foot since he is going to devastate a living thing. Ch’en is clashed â€Å"†¦torn by anguish: he made certain of himself, yet right now he could feel only bewilderment † (3). We can see Malraux’s own contention here. In 1923, Malraux made an outing to Cambodia where he and his significant other, Clara, â€Å"...were captured by the Surete and accused of archeological robbery an ethical disappointment that Malraux currently finally perceived in himself† (Lebovics) Death and viciousness were a typical event in China during the progressive years. The workers were manhandled by the affluent residents and landowners,...it was from among their family members and protã ©gã ©s that the individuals who persecuted and lived off the lower class were selected: the bailiffs and stewards who not just gathered the rents and obligations because of their lords, yet in addition took a considerable cut for their own advantage; the expense finders in whose enrolls the landlords’ property were on an approved ‘special list’, permitting them to pay burdens in reverse extent to their riches, or not in the least. (Chesneaux 81-82). Malraux needs his perusers to comprehend the explanations for the revolt. Over and over, Malraux draws clear scenes of savagery and hardship. The gathering spot to which Ch’en escapes after the death is that of a poor European businessperson, Hemmelrich. â€Å"At last a terrible shop † (11). Kyo is the primary character in the story; he is resolved to give it his best shot to lead the Shanghai revolt. â€Å"Kyo was one of the coordinators of the revolt, the Central Committee believed in him.† (14). Kyo needed to see decency for the working classes. Moreover, Malraux was engaged with liberal legislative issues.

Saturday, August 22, 2020

Foundations Of Organization Structure

Establishments Of Organization Structure (b; Easy; p. 452-453) 4. How much assignments are partitioned into discrete occupations is named: a. departmentalization.b. decentralization. c. work specialization. d. structure.(c; Moderate; p. 452-453) 5. In the late 1940s, most assembling occupations in industrialized nations were being finished with high: a. departmentalization. b. decentralization. c. work specialization. d. structuralization. (c; Moderate; p. 453) 6. For a great part of the main portion of the twentieth century, administrators saw _____ as a ceaseless wellspring of expanded profitability. a. departmentalization b. formalization c. work specialization d. mechanization (c; Moderate; p. 454) 7. Which one of the accompanying parts of authoritative structure explicitly characterizes where choices are made? a. unpredictability/straightforwardness b. formalization/informalization c. centralization/decentralization d. specialization/extension (c; Moderate; Exh 15-1; p. 453) 8. The premise by which employments are gathered is named: a. departmentalization. b. organization. c. specialization. d. centralization. (an; Easy; Exh. 15-1; p. 453) 9. Gathering employments based on work, item, topography, procedure, or client is a type of: a. departmentalization. b. specialization. c. centralization. d. administration. (a; Moderate; p. 454) 10. One of the most mainstream approaches to assemble exercises is by: a. item. b. work. c. geology. d. process. (b; Challenging; p. 454) 11. Delegate Gamble departmentalizes by Tide, Pampers, Charmin, and Pringles. This is a case of departmentalization by: a. work. b. process. c. geology. d. item. (d; Easy; p. 455) 12. A plant chief who composes the plant by isolating building, bookkeeping, assembling, staff, and buying into offices is rehearsing _____ departmentalization. a. target client b. item c. utilitarian d. geographic (c; Moderate; p. 454) 13. _____ departmentalization accomplishes economies of scale by putting individuals with regular aptitudes and directions into normal units. a. Utilitarian b. Procedure c. Item d. Geographic (a; Moderate; p. 454) 14. At an Alcoa aluminum tubing plant in New York, creation is sorted out into five offices: throwing; press; tubing; completing; and assessing; pressing; and transportation. This is a. practical departmentalization. b. process departmentalization. c. item departmentalization. d. nothing from what was just mentioned. (b; Moderate; p. 455) 15. The whole line of power that reaches out from the highest point of the association to the most reduced echelon and explains who reports to whom is named: a. hierarchy of leadership. b. authority. c. length of control. d. solidarity of order. (a; Moderate; p. 456) 16. The privilege inalienable in an administrative situation to provide arranges and anticipate that requests should be obeyed is named: a. levels of leadership. b. authority. c. power. d. solidarity of order. (b; Moderate; p. 456) 17. The _____ rule helps safeguard the idea of a whole line of power. a. range of control b. levels of leadership c. solidarity of order d. centralization (c; Moderate; p. 456) 18. The _____ guideline expresses that an individual ought to have one and only one better than whom the person is legitimately dependable. a. length of control b. hierarchy of leadership c. solidarity of order d. authority (c; Moderate; p. 456) 19. The _____ alludes to the quantity of subordinates a supervisor can productively and successfully immediate. a. length of control b. solidarity of order c. hierarchy of leadership d. decentralization standard (a; Moderate; p. 456) 20. Which of coming up next is a disadvantage of a thin range of control? a. It decreases viability. b. It is progressively proficient. c. It empowers excessively close management and disheartens worker independence. d. It engages representatives. (c; Challenging; p. 457) 21. Which of coming up next isn't a disadvantage of a thin range of control? It is costly. It makes vertical correspondence in the association progressively mind boggling. Directors may free control of their representatives. It energizes excessively close management. (c; Challenging; p. 457) 22. The pattern as of late has been toward: smaller ranges of control. more extensive ranges of control. a range of control of four. a perfect range of control of six to eight. (b; Moderate; p. 457) 23. In the event that you have a tight range of control, you have a(n) _____ association. productive short tall network (c; Moderate; p. 457) 24. _____ are steady with ongoing endeavors by organizations to lessen costs, cut overhead, accelerate dynamic, increment adaptability, draw nearer to clients, and engage representatives. More extensive ranges of control Smaller ranges of control Framework structures Basic structures (a; Moderate; p. 457) 25. The best definition for centralization is: dynamic is pushed down to bring down level workers. dynamic is gathered at a solitary point in the association. dynamic relies upon the circumstance. dynamic is done in every office and afterward sent to the president for a ultimate conclusion. (b; Moderate; p. 458) 26. In an association that has high centralization: a. the corporate home office is found midway to branch workplaces. b. all top level authorities are situated inside the equivalent geographic zone. c. top administrators settle on all the choices and lower level chiefs only do headings. d. move can be made all the more rapidly to take care of issues. (c; Moderate; p. 457-458) 27. The more that lower-level faculty give input or are really given the tact to decide, the more _____ there is. a. centralization b. decentralization c. work specialization d. departmentalization (b; Moderate; p. 458) 28. In the event that an occupation is exceptionally formalized, it would exclude which of the accompanying? a. plainly characterized techniques on work forms b. express expected set of responsibilities c. high worker work tact d. countless authoritative guidelines (c; Moderate; p. 458) 29. Express sets of expectations, bunches of rules, and unmistakably characterized strategies concerning work forms are reliable with: a. high formalization. b. high specialization. c. high centralization. d. organization. (a; Moderate; p. 458) 30. Worker watchfulness is conversely identified with: a. multifaceted nature. b. normalization. c. specialization. d. departmentalization. (b; Challenging; p. 458-459) Regular Organizational Designs 31. Which of coming up next is certainly not a typical hierarchical structure? straightforward structure organization brought together structure network structure (c; Moderate; p. 459) 32. The _____ is portrayed by a low level of departmentalization, wide ranges of control, authority brought together in a solitary individual, and little formalization. a. administration b. framework association c. basic structure d. group structure (c; Moderate; p. 460) 33. Which one of coming up next is reliable with a basic structure? a. high centralization b. high even separation c. high representative prudence d. normalization (a; Moderate; p. 460) 34. The ____ is a level association. administration incorporated structure lattice structure nothing unless there are other options (d; Moderate; p. 460) 35. Basic structures are described by: a. mutual position. b. a restricted range of control. c. normalization. d. a low level of departmentalization. (d; Moderate; p. 460) 36. This is most generally polished in independent ventures. straightforward structure normalization brought together structure length of control (an; Easy; p. 460) 37. The organization is described by the entirety of the accompanying with the exception of: a. exceptionally standard working errands. b. formalized principles and guidelines. c. errands that are assembled into practical divisions. d. decentralized dynamic. (d; Moderate; p. 461) 38. The key basic all administrations is: a. adaptability. b. normalization. c. double lines of power. d. wide range of control. (b; Easy; p. 460) 39. The ____ is portrayed by profoundly routine working undertakings accomplished through specialization. straightforward structure organization unified structure grid structure (b; Moderate; p. 461) 40. The quality of the straightforward structure lies in its: effectiveness. straightforwardness. centralization. length of control. (b; Easy; p. 460) 41. Which of coming up next isn't a shortcoming of the straightforward structure? It is hazardous. data over-burden There is little solidarity of order. more slow dynamic (c; Moderate; p. 460) 42. The structure that makes double lines of power and consolidates useful and item departmentalization is the: a. authoritative structure. b. administration. c. lattice structure. d. virtual association. (c; Moderate; p. 462) 43. The lattice structure consolidates which two types of departmentalization? a. process and practical b. utilitarian and item c. item and procedure d. nothing unless there are other options (b; Challenging; p. 462) 44. The _____ abuses the solidarity of order idea. a. basic structure b. virtual structure c. framework structure d. group structure (c; Challenging; p. 462) 45. Which one of the accompanying issues is well on the way to happen in a network structure? a. diminished reaction to ecological change b. diminished worker inspiration c. loss of economies of scale d. workers accepting clashing orders (d; Moderate; p. 463) 46. The quality of the grid structure is its: a. capacity to encourage coordination. b. economies of scale. c. adherence to levels of leadership. d. normalization. (a; Moderate; p. 463) 47. The significant hindrance of the lattice structure is: a. the disarray it makes. b. its affinity to cultivate power battles. c. the pressure it puts on people. d. the entirety of the abovementioned (d; Challenging; p. 463) New Design Options 48. The essential attributes of the _____ structure are that it separates departmental boundaries and decentralizes dynamic to the degree of the work group. a. virtual b. group c. boundaryless d. hierarchical (b; Moderate; p. 463-464) 49. In bigger organiza

Amid the dynamic time, a consi... free essay sample

In the midst of the dynamic time, an extensive proportion of cubicle class voters, teachers and instructors, and reformers were in like manner opposing towards the political machines. It started in detroit michigan in the midst of the 1890s where a movement of changes were introduced in urban america, conventionally made to decrease defilement, inefficiency and degradation. Exactly when director Hazen pingree started the change various neighboring urban territories quickly jumped on and set up working environments to consider the money related plans and structures of the close by government. Various reformers stood out in the most basic urban regions like los angeles, cleveland, new shirt, and some more, especially in the western states. In the midst of the dynamic time frame, there were a lot of changes to the masses moreover. In 1920 an enormous part of the general masses lived in the all the way open rather than in urban zones, yet even they were impacted by the dynamic changes trust it or not. We will compose a custom exposition test on In the midst of the dynamic time, a consi or on the other hand any comparable subject explicitly for you Don't WasteYour Time Recruit WRITER Just 13.90/page A huge segment of the movements improved the lives of everybody in provincial districts, by 1910 over bit of all agriculturists were purchased in or taken after a farm related day by day paper or magazine, where editors from urban zones gave the latest news and advances to grow the viability when it associated with developing, regardless of the way that life in the country was upgrading, there was up 'til now a significant enthusiasm for better sorts of transportation, the railroad structure was by then totally whole yet there was up 'til now a prerequisite for better roads to various spots. With the advancement of the auto in 1910 there were a lot of critical undertakings to overhaul the dirt boulevards and modernize them to furthermore fitting paths and roads made to fit the front line automobiles instead of lanes for horses and wagons. In 1916 around 2.4 million miles of soil boulevards in common zones were improved with rading and rock, while 3000 miles were given a full change i nto quality surfaces. Another colossal change in the nation regions in the midst of the dynamic time were schools. By far most of the schools were ineffectually bolstered and the teachers/boss werent real or at a specialist level, when in doubt they were energetic close by women who were unmarried. The progressives had the response for modernize schools through affecting the children to go to current schools where they could be told by authentic master instructors who were guaranteed by the states and colleges while being checked by the state. The friends didnt agree with it from the start because of all the extra spending yet later comprehended that it would be progressively important for their youths to get a suitable guidance than to work underage. Consequently various ventures were starting to be made away for the youthful, including 4-h, a program set up by the collected states division of agriculture made to help the immature by telling them the best way to wind up unique and gainful occupants while preparing them in important central capacities like developing, animal psyche, and even carp entry. Various social affairs join youngsters and young woman scouts and even country fairs where prizes were given for the most productive provincial practices and were later escalated to accomplish more gatherings of spectators. In the south, dim gatherings devised their own specific unique reformative endeavors. Various included upgrading schools, sanctuaries and developing business openingsWilliam L. Nooks, Country-Life Reform, 1900â€1920: A Neglected Aspect of Progressive Era History. Horticultural History 45#3 (1971): 211â€21. in JSTOR

Friday, August 21, 2020

Cause and Effect Paper Essay Example | Topics and Well Written Essays - 750 words

Circumstances and logical results Paper - Essay Example As the interest expanded over the range, lodging request was additionally rising. This prompted a swelling of house costs which thusly pulled in an ever increasing number of individuals to purchase houses as interest in property was considered as a venture that will undoubtedly yield a decent return. Because of the expanding request in the economy, the US government kept up a low pace of premium with the goal that banks could loan more †and the banks were more than ready to loan to back this buyer request as it implied more noteworthy benefits for them. Insights recommend that the all out credits remarkable for banks expanded from 99% of GDP in 2000 to 132% of GDP in 2007. Home loan credits additionally observed a comparable increment in loaning †from 48% of GDP in 2000 to 73% of GDP in 2007 (McKinsey, 2010). During this period, as bank loaning expanded, the focal point of banks started to move from taking a gander at the essentials of loaning to taking a gander at volumes and productivity of credits. Hence, they began loaning vigorously to subprime borrowers - borrowers with a poor FICO score - and these borrowers were alluring for banks as they could charge a higher pace important to these clients. So as to fence against these dangerous advances, the banks likewise began selling Mortgage Backed Securities (MBS) which were bonds payable against receipt of lodging advance portions. The expanding request of advances prompted an expansion in financing costs for loaning. As a result, financing and renegotiating got costlier and credits were not, at this point effectively accessible to pay portions or to subsidize further interest. This caused a decrease popular in the lodging segment also. With a scaled down interest, the costs of houses quit expanding †actually, they started to fall. Presently, subprime borrowers discovered it progressively hard to continue their portion installments as the estimation of their benefits (house costs) started to run beneath their liabilities (credits remarkable). This further made them default on their installments. This defaulting of installments had two significant impacts †banks lost the cash they had loaned and needed to discount the advances, and MBS were done paying the arrival they vowed to pay. Accordingly, back up plans and venture banks who had guaranteed installments in the event of disappointment of these MBS brought about tremendous misfortunes. Every budgetary organization needed to endure these misfortunes and the most exceedingly awful hit were banks like Citibank, back up plans like AIG, and venture banks like Lehman Brothers. Because of these misfortunes, shoppers lost trust in a few of these budgetary establishment and most banks saw a bank-run †when investors line up outside banks to request their stores. At long last, a portion of these organizations needed to close down, and numerous other money related foundations must be rescued by the US government to keep the m running. The entirety of this, prompted an extreme downturn in the US economy. Another significant ramifications of this downturn was that the FICO assessment organizations were accused for not being proactive and checking on appropriately their evaluations for the monetary organizations. This downturn prompted organizations decreasing their expenses to remain productive. They did as such by terminating their staff and by halting their enrollment. Thusly, joblessness began to increment in the US economy arriving at 9% which prompted further bringing down of shopper certainty and request. So as to keep the circumstance from deteriorating, the national bank decreased its loan fee to approach zero level and expanded the cash flexibly vigorously. Notwithstanding, due to

High School Evaluations and Teacher Recommendations - UGA Undergraduate Admissions

High School Evaluations and Teacher Recommendations - UGA Undergraduate Admissions High School Evaluations and Teacher Recommendations We often get questions from First Year applicants regarding the counselor evaluation and teacher recommendation. These questions range from where to find these forms to how we are using this information in the file review process. Both forms are important in the review of a students file. Here are some tips on why they are important as well as how to have these forms sent to us. The high school evaluation not only tells usabout you, it tells us about your school as well. The first page of the evaluation tells us about your school’s grading scale, the most difficult courses available at your school, how many honors/AP/IB courses are available, etc. This information lets us know about your schools curriculum. This is important because we are reviewing your curriculum based on what you have available to you. The second page is where your high school counselor tells us about your curriculum. He or she will rate your curriculum difficulty for each of the five academic areas. If you have any questions about the classes you are taking or planning to take, it’s always best to start with your high school counselor. We have an electronic and paper version of our high school evaluation. The online form is better in that it can be automatically dropped into your file once we receive it. In fact, it will generally show up as received in an applicant’s myStatus within 2 to 3 business days after it has been submitted. If you submit a paper document, we have to receive it in the mail, scan it into our file system and match it to your file. This means you will not be able to see if we have received your HS evaluation as quickly as someone who has had an online evaluation sent. Your counselor can find our online form through the counselor portal. You can also generate an email to your counselor with a link directly to the online form from your myStatus! A teacher recommendation is required for all First Year applicants who apply Regular Decision or are deferred from Early Action. We want to see how you are as a student in the classroom. We would like one teacher recommendation from a junior or senior year teacher in an academic area class. If you send us more than one recommendation, we are not always going to be able to focus on everything in each letter as volume can drown out details. As with the high school evaluation, we have an online and paper copy of this form. You can also send an email to your teacher with a link to the online form from your myStatus. We can accept electronic recommendations through Docufide as well. Online forms, again, are better because they will be in your file much more quickly than a paper copy. And remember, no faxes! It is always better if you submit your application prior to sending any supplemental material. If we do not have an application for you when you submit material, it will be placed in our holding file. Right now we have about 9,200 documents in our holding file waiting to be matched with an application. If you were to stack those documents, thats roughly 8 feet of paper! It can take at least 5 to 10 business days for us to match material submitted prior to an applicant submitting the application and even longer closer to a deadline. We strongly recommend that you apply to UGA before you have material from your high school sent. We leave the online teacher recommendation and high school evaluation open for at least a week after the application deadline, so even if you are waiting until closer to the deadline to apply you will still have time to apply first. Go Dawgs!

Wednesday, June 10, 2020

Quarter Wit Quarter Wisdom Solving the Weighing Puzzle (Part 2)

A couple of weeks back, we discussed how to handle puzzles involving a two pan balance. In those problems, we learned how to tackle problems that ask you to measure items against one another. Today, we will look at some puzzles that require the use of  a traditional weighing scale. When we put an object on this scale, it shows us the weight of the object. This is what such a scale looks like: Puzzles involving a weighing scale  can be quite tricky! Let’s take a look at a couple of examples: You have 10 bags with 1000 coins in each. In one of the bags, all of the coins are forgeries. A true coin weighs 1 gram; each counterfeit coin weighs 1.1 grams.   If you have an accurate weighing scale, which you can use only once, how can you identify the bag with the forgeries? We are allowed only a single weighing, so we cannot weigh  all 10  bags on the scale  individually to measure which one has counterfeit coins. We need to find the bag in only one weighing, so we need to somehow make the coins in the bags distinctive. How do we do that? We can take out one coin from the first bag, two coins from the second bag, three coins from the third bag and so on. Finally, we  will have 1 + 2 + 3 + †¦ + 10 = 10*11/2 = 55 coins. Let’s weigh these 55 coins now. If all coins were true, the total weight would have been 55 grams. But since some coins are counterfeit, the total weight will be more. Say, the total weight comes out to be 55.2 grams. What can we deduce from this? We can deduce that there must be two counterfeit coins (because each counterfeit coin weighs 0.1 gram extra). So the second bag must be the bag of counterfeit coins. Lets try one more: A genuine gummy bear has a mass of 10 grams, while an imitation gummy bear has a mass of 9 grams. You have 7 cartons of gummy bears, 4 of which contain real gummy bears while the others contain  imitation bears.   Using a scale only once and the minimum number of gummy bears, how can you determine which cartons contain real gummy bears? Now this has become a little complicated! There are three bags with imitation gummy bears. Taking a cue from the previous question, we know that we should take out a fixed number of gummy bears from each bag, but now we have to ensure that the sum of any three numbers is  unique. Also, we have to keep in mind that we need to use the minimum number of gummy bears. So from the first bag, take out no gummy bears. From the second bag, take out 1 gummy bear. From the third bag, take out 2 gummy bears (if we take out 1 gummy bear, the sum will be the same in case the second bag has imitation gummy bears or  in case third bag has imitation gummy bears. From the fourth bag, take out 4 gummy bears. We will  not take out 3 because otherwise 0 + 3 and 1 + 2 will give us the same sum. So we wont know whether the first and fourth bags have imitation gummy bears or whether second and third bags have imitation gummy bears. From the fifth bag, take out 7 gummy bears. We have obtained this number by adding the highest triplet: 1 + 2 + 4 = 7. Note that anything less than 7 will give us a  sum that can be made in multiple ways, such as: 0 + 1 + 6 = 7 and 1 + 2 + 4 = 7 or 0 + 1 + 5 = 6 and 0 + 2 + 4 = 6 But we need the sum to be obtainable in only one way so that we can find  out which three bags contain the imitation gummy bears. At this point, we have taken out 0, 1, 2, 4, and 7 gummy bears. From the sixth bag, take out 13 gummy bears. We have obtained this number by adding the highest triplet: 2 + 4 + 7 = 13. Note that anything less than 13 will, again, give us a sum that can be made in multiple ways, such as: 12 + 1 + 0 = 13 and 2 + 4 + 7 = 13 or 0 + 1 + 9 = 10 and 1 + 2 + 7 = 10 etc. Note that this way, we are also ensuring that we measure only the minimum number of gummy bears, which is what the question asks us to do. From the seventh bag, take out 24 gummy bears. We have obtained this number by adding the highest triplet again: 4 + 7 + 13 = 24. Again, anything less than 24 will give us  a sum that can be made in multiple ways, such as: 0 + 1 + 15 = 16 and 1 + 2 + 13 = 16 or 0 + 1 + 19 = 20 and 0 + 7 + 13 = 20 or 0 + 1 + 23 = 24 and 4 + 7 + 13 = 24 etc. Thus, this is the way we will pick the gummy bears from the 7 bags: 0, 1, 2, 4, 7, 13, 24. In all, 51 gummy bears will be weighed. Their total weight should be 510 grams (51*10 = 510) but because three bags have imitation gummy bears, the weight obtained will be less. Say the weight is less by 8 grams. This means that the first bag (which we pulled 0 gummy bears from), the second bag (which we pulled 1 gummy bear from) and the fifth bag  (which we pulled 7 gummy bears from) contain the  imitation gummy bears. This is because 0 + 1 + 7 = 8 note that we will not be able to make 8 with any other combination. We hope this tricky little problem got you thinking. Work those grey cells and the GMAT will not seem hard at all! Getting ready to take the GMAT? We have  free online GMAT seminars  running all the time. And, be sure to follow us on  Facebook,  YouTube,  Google+, and  Twitter! Karishma, a Computer Engineer with a keen interest in alternative Mathematical approaches, has mentored students in the continents of Asia, Europe and North America. She teaches the  GMAT  for Veritas Prep and regularly participates in content development projects such as  this blog!