Answer: 1. Acceptance Theory to Authority
2. All of the Above.
Explanation:
1. Acceptance Theory to Authority
According to Chester Barnard's concept of Acceptance Theory of Authority, people respond more to in an Organisation to a strong leader whose authority they accept. The main premise here is that the leader's authority has to be accepted and people only usually respect strong leaders. A weaker leader will not be able to bring the team together because the employees will not listen to them as much as they should because they have not accepted their authority.
2. According to Mary Parker Follett, all the above options are correct for initiation in this scenario.
Mary Parker Follett came up Principles of Coordination to help companies better themselves. Some of the principles she came up with cover the options.
A. This has to do with the Reciprocal Relationship Principle of Coordination. Mary Follet argued that there must be a reciprocal relationship at work because people work together. This means that should you start to work harder, it will influence Andry and Majorie to work harder as well.
B. Falls under the Principle of Direct Contact.
According to this principle, Heads of Department should meet and discuss their problems since they are closer to the situation on the ground. Destiny and Majorie should therefore meet and discuss a way forward.
C. Falls under the Early Stages section of Coordination.
Here Mary Follett believed that managers should not unilaterally come up with strategy but rather consult the members of their team and talk to them so that they understand why something must be done.
D. Also falls under the Early Stages section.
Mary also believed that as well as consulting your team to come up with strategy, that strategy needs to be aligned to the goals of the organizations. By discussing with employees before a strategy is implemented, you make sure that they understand it as well and they will then know if or not they are able to perform and voice any objections they may have.
i. Accrued service revenue Birr bu ii. depreciation birr 300 iii. accrued salary expense birr 800 iv. prepaid rent expired birr 500 v. supplies used birr 100 Requirements a) Journalize and post adjusting entries b) Prepare adjusted tribal balance c) Prepare financial statement d) Journalize closing entries e) Preparing post closing trial balance
The Following are required Journalize and post adjusting entries.
Debit Credit
Accrued Service Revenue A/cTo Service Revenue A/c
Depreciation A/c 300To Machinery A/c 300
Salary A/c 800To Salary Payable 800
Rent 500To Prepaid Rent 500
Supplies A/c 100To Payable 100
How do you record accrued service revenue?Accrued revenue is reported on a company's financial statements as an adjusting journal entry under current assets on the balance sheets and as a financial result and capital on the income statement. When the payment is made, it is recorded in the asset account as an adjusting entry for accrued revenue.
Thus, the mentioned above are required Journalize.
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Angela Lansbury Company deposits all receipts and makes all payments by check. The following information is available from the cash records.
June 30 Bank Reconciliation
Balance per bank
$14,728
Add: Deposits in transit
3,240
Deduct: Outstanding checks
(4,208
)
Balance per books
$13,760
Month of July Results
Per Bank
Per Books
Balance July 31 $18,199 $19,462
July deposits 9,468 12,224
July checks 8,416 6,522
July note collected (not included in July deposits) 3,156
July bank service charge 32
July NSF check from a customer, returned by the bank (recorded by bank as a charge) 705
Exercise 7-24 Angela Lansbury Company deposits all
Exercise 7-24 Angela Lansbury Company deposits all
Prepare a bank reconciliation going from balance per bank and balance per book to correct cash balance.
Angela Lansbury Company
Bank Reconciliation
July 31
Deposits in transitOutstanding checksBalance per books, July 31Bank service chargeNSF checkCorrect cash balance, July 31Balance per bank statement, July 31Collection of note
$
LessAdd
:
Deposits in transitUnderstated check for suppliesBalance per books, July 31Collection of noteBank service chargeCorrect cash balance, July 31NSF checkBalance per bank statement, July 31
LessAdd
:
NSF checkBank service chargeCorrect cash balance, July 31Balance per bank statement, July 31Understated check for suppliesBalance per books, July 31Collection of noteOutstanding checks
Deposits in transitBank service chargeBalance per books, July 31Balance per bank statement, July 31Outstanding checksCollection of noteNSF checkCorrect cash balance, July 31
$
Balance per bank statement, July 31NSF checkDeposits in transitBank service chargeCorrect cash balance, July 31Outstanding checksBalance per books, July 31Collection of note
$
AddLess
:
Collection of noteBalance per books, July 31Balance per bank statement, July 31Bank service chargeNSF checkCorrect cash balance, July 31Deposits in transitOutstanding checks
LessAdd
:
Deposits in transit Outstanding checks Correct cash balance, July 31 Balance per bank statement, July 31 Balance per books, July 31 Collection of note Bank service charge NSF check
$
Balance per bank statement, July 31 Bank service charge Deposits in transit Outstanding checks NSF check Balance per books, July 31 Collection of note Correct cash balance, July 31
Balance per bank statement, July 31NSF checkCorrect cash balance, July 31Deposits in transitBank service chargeBalance per books, July 31Outstanding checksCollection of note
$
SHOW LIST OF ACCOUNTS
LINK TO TEXT
Exercise 7-24 Angela Lansbury Company deposits all
Exercise 7-24 Angela Lansbury Company deposits all
Prepare the general journal entry to correct the Cash account. (If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. Credit account titles are automatically indented when the amount is entered. Do not indent manually.)
Account Titles and Explanation
Debit
Credit
Answer:
a. Adjusted Balance = Adjusted Balance = $21,881.
b. See the journal below.
Explanation:
Note: The actual data needed to answer this question are merged together. They are therefore sorted before answering the question. See the attached pdf file for the complete question with the sorted data that are actually needed.
Explanation of the answers is now given as follows:
a. Prepare a bank reconciliation going from balance per bank and balance per book to correct cash balance.
Angela Lansbury Company
July 30 Bank Reconciliation
Details Amount ($)
Balance as per bank 18,199
Add:
Deposit In transit ($3,240 + $12,224 - $9,468) 5,996
Less:
Outstanding Checks ($4,208 + $6,522 - $8,416) (2,314)
Adjusted Balance 21,881
Balance as per book 19,462
Add:
Note Collected 3,156
Less:
Bank Service charge (32)
NSf Check (705)
Adjusted Balance 21,881
b. Prepare the general journal entry to correct the Cash account.
The journal entries will look as follows:
Particulars Debit ($) Credit ($)
Cash 3,156
Note Collected 3,156
(To record note collected by bank.)
Bank Service charge 32
Cash 32
(To record Bank Service charge.)
Account Receivable 705
NSf Check 705
(To record NSf Check.)
Which statement is true regarding monopolistic competition?
Answer:
AR>MR
--------------------------------------
WHERE ARE THE OPTIONS.
What happens when the price of a good increases
Answer:
the value of good increases (goes up)
as the tax assessor for Indian creek county, you have been informed that due to budgetary demands, a tax increase will be necessary next year. The total market value of the property in the county is $800,000,000. currently, the assessment rate is 35% and the tax rate is 40 mils. The county commission increases the assessment rate to 45% and the tax rate to 45 mils
Answer:
this didnt make sense but ok
Explanation:
A registered representative may never A) act as a buyer's agent. B) act as a sales agent. C) approve advertising. D) act as a broker.
Answer: C) approve advertising
Explanation: A registered representative may be described as a licensed official equipped with the necessary training required to serve as a broker by functioning in its capacity to help and assist clients trading such as the purchase and sale of securities such as bonds, stock and mutual funds. Hence, registered representatives could be described as brokers, buyers and sales agents of different securities depending on the nature of the license held by the representative. Advert approval is thus not a function of a registered representative
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_______involves streamlining the processes and communications between the buyer and supplier using software applications
Answer:supplier relationship management
Explanation:
Supplier relationship management concerns facilitating the operations and communications between the buyer and supplier using software applications.
What is supplier relationship management?Supplier relationship management (SRM) is the method of determining the providers or suppliers that are essential to a business and executing a system of managing connections with those critical suppliers.
The objective of SRM is to increase the importance of supplier connections and to streamline acquisition processes. Without an adequate SRM technique, buyers risk cut off supply chains, etc.
Therefore, Supplier relationship management is concerned with the facilitation of operations and communication between the buyers and the suppliers.
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Performance Appraisal and Management by Aguinis
The concept of performance management is that overall, N Performance management, according to Aguinis (2009), is a continual process of identifying, evaluating, and developing individual performance that is in line with the strategic goals of the business.
What is the performance management about?The idea of a performance management system is multifaceted. Performance management is a continual process that involves:
1) Identifying
2) Measuring
3) Defining goals
4) Improving
5) Coaching an individual's or a team's performance.
6) Alignment of performance with the organizational strategic goals.
In contrast, only two of the performance management system's components make up a performance appraisal system (i.e., the identification and measurement of individual and team performance). In other words, an employee's strengths and weaknesses are systematically described in a non-continuous (e.g., once-a-year) performance review system.
Lastly, It does not contain any continuous initiatives to provide goal-setting, professional development or coaching, or to strategically link workers' work with company goals. As a result, a performance management system includes a performance appraisal system.
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See full question below
Performance Appraisal and Management by Aguinis
Chapter 1—Performance Management and Reward Systems in Context
Learning Objectives
1.1 Explain the concept of performance management.
Name and describe three ways that companies can benefit from being ethical.
Why is it important to stick to a study schedule even if you are caught up with everything? a It guarantees higher grades on your exams. b It helps to create good study habits. c It is time set aside so you can take a break from watching television. d It gives you more time to play your favorite game without interruption.
Answer:
Explanation:
B - It helps to create good study habits.
HELPPP Which of the following are examples of price discrimination? (Select all that apply )
A paper company sells its legal pads for loss to customers who buy them in large quantities.
A movie theater offers discounted tickets to people who belong to the National Rifle Associat
A bread company charges more for making deliveries to stores in poor neighborhoods.
A local store sends a special promotion only to new residents in the neighborhood.
The examples of price discrimination are:
A bread company charges more for making deliveries to stores in poor neighborhoods.A local store sends a special promotion only to new residents in the neighborhood.Price Discrimination StrategyThis strategy will be said to be successful when the company is able to prevent shipping goods from a cheaper market to a more expensive market. or by avoiding resale of products from individuals who bought the less expensive product to individuals who are more expensive. For that, transportation costs have an important role.
The high cost of transportation reduces the profits to be made from the resale of various goods, which supports the success of price discrimination. For this reason, do not be surprised if this discriminatory practice is more successfully applied to different foreign markets because it involves long distances, which will increase transportation costs
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What is the game changers in the energy industry
What is the best way to tell a collar that a product that was scheduled to ship on March 15 will not be available until April 1
When a product that was supposed to be shipped on March 15 is delayed and will not be available until April 1, the best way to tell the caller is by saying that Option C. The product should be available by April 1.
The reason why this is the best way to convey the message is because it provides hope that the product will arrive on April 1 even though there are no guarantees. Saying that the product will not be available until April 1 may sound like a definite statement that the product will be shipped on April 1, but this may not be the case. The product may not be available on April 1 for various reasons, and it will cause disappointment if the customer is informed otherwise.
Saying that the product will no longer ship on March 15 is also not the best way to convey the message. It may sound like bad news for the customer who is eagerly waiting for the product. It is important to give some kind of assurance that the product will eventually arrive even though it may take a little longer.
Saying that the product will be available on April 1 may sound like a definite statement that the product will arrive on that day, but this may not be the case. The best way to tell a caller that a product that was scheduled to ship on March 15 will not be available until April 1 is by saying that the product should be available by April 1. This provides hope that the product will eventually arrive, but it also provides a realistic timeframe for when the product will be available. Therefore, the correct option is C.
The question was incomplete, Find the full content below:
What is the best way to tell a caller that a product that was scheduled to ship on March 15 will not be available until April 1?
A. The product will not be available until April 1
B. The product will no longer ship on March 15
C. The product should be available by April 1
D. The product will be available on April 1?
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Please answer this macroeconomis numerical
If the supply of labor is fixed at 95, the equilibrium real wage rate will be:
Real Wage = Nominal Wage / P
= $10 / $2.00
= $5.00
What is equilibrium?Equilibrium refers to a state of balance or stability in a system where there is no tendency for change.
At equilibrium, the price and quantity of the good or service are determined, and there is no incentive for producers or consumers to change their behavior.
In the above case, if the supply of labor is fixed at 95, the equilibrium real wage rate will be $5.00
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The demand for
goods increases with a decrease in income, whereas
are goods that cannot be bought or sold.
Answer:
A normal good is a good that experiences an increase in its demand due to a rise in consumers' income. Normal goods include food ...
Some say the office culture today has become "too nice" Which statement would
not be heard in that type of setting?
"No need to go out of your way I get it later
"Did you see the new menu in the cafeteria There goes my diet."
"Can you believe that the boys expects us to stay late and does not even ask."
"How was your weekend? Were you able to get up to the lake house?"
"Did Joe get into the college of his choicer know you hoped it also came with a
I
good financial package
A new regulation requires the local coal plant to install filtering technology to reduce their carbon emissions by 50%. Purchasing the necessary equipment is too expensive for this business, forcing them to close the plant and lay off its 500 employees. Although the intent of the new regulation was to address potential _____ caused by the plant, the closing of the business will likely cause _____ in this community, as many of its residents relied on jobs at the plant.
"Mr. Bergh sent the firm's then top 60 managers six questions about the pros and cons of the business - and started interviewing each of them." Why would Mr. Bergh ask his managers questions about the pros and cons of the business? What type of information was he attempting to retrieve in his interview process? Do you feel that this is an effective way of communication from a leadership perspective?
Mr. Bergh asked his managers about the pros and cons of the business to gather valuable insights, encourage collaboration, and enhance organizational performance, making it an effective communication approach from a leadership perspective.
Mr. Bergh likely asked his managers questions about the pros and cons of the business to gain valuable insights and feedback from those who have a deep understanding of the organization's operations. By seeking input from the top 60 managers, he could gather a comprehensive perspective on the strengths and weaknesses of the business.
In his interview process, Mr. Bergh was likely attempting to retrieve information about various aspects of the business, such as identifying areas of improvement, understanding challenges faced by the managers, exploring potential opportunities, and gathering ideas for strategic decision-making.
By asking specific questions, he could assess the managers' knowledge, critical thinking, and problem-solving abilities. The goal would be to obtain actionable insights that could inform the company's future direction and enhance its performance.
From a leadership perspective, this approach can be highly effective. Engaging with managers and soliciting their opinions demonstrates a collaborative and inclusive leadership style.
It empowers managers by involving them in decision-making processes and signaling that their expertise and perspectives are valued. It also fosters a culture of open communication, encourages creativity, and enables the organization to tap into the collective intelligence of its top management.
However, the effectiveness of this approach depends on the receptiveness of the managers, the level of trust and psychological safety within the organization, and how the collected feedback is utilized.
It is essential for leaders to create an environment where managers feel comfortable expressing their views and ensure that the information gathered is acted upon or considered in decision-making processes. Regular and transparent communication should follow to close the feedback loop and demonstrate a commitment to continuous improvement.
In summary, asking managers about the pros and cons of the business and conducting interviews can be an effective way for a leader to gather valuable insights, foster collaboration, and enhance organizational performance when accompanied by a supportive leadership style and a commitment to act upon the feedback received.
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Interventions strategies to prevent restrictions or barrier in small businesses townships
To prevent restrictions or barriers in small businesses in townships, several intervention strategies can be implemented:
1. Business Development Support: Offer training programs, workshops, and mentorship opportunities to help small business owners develop essential skills such as financial management, marketing, and business planning.
2. Access to Capital: Establish microfinance programs or low-interest loan schemes to provide small businesses with the necessary funds to start or expand their operations. Additionally, create partnerships with financial institutions to streamline the loan application process.
3. Infrastructure Improvement: Invest in upgrading township infrastructure, including roads, electricity, and internet connectivity. This will enhance the business environment, attract investors, and facilitate smoother operations for small businesses.
4. Regulatory Simplification: Simplify and streamline licensing and permit procedures, reducing bureaucracy and paperwork burdens. This will make it easier for entrepreneurs to start and operate businesses, fostering a favorable environment for small enterprises.
5. Market Linkages: Facilitate connections between small businesses and larger supply chains, enabling them to access wider markets and secure stable customer bases. This can be achieved through networking events, trade fairs, and partnerships with established businesses.
6. Local Procurement Policies: Encourage local governments and institutions to adopt procurement policies that prioritize purchasing goods and services from small businesses in the townships, thereby boosting their economic growth and sustainability.
7. Collaborative Initiatives: Foster collaboration among small businesses by establishing business associations, cooperatives, or incubation centers. These platforms can provide shared resources, collective marketing efforts, and a supportive community.
By implementing these intervention strategies, the barriers and restrictions faced by small businesses in townships can be minimized, promoting their growth, sustainability, and contribution to the local economy.
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8. Pure Expectations Theory
I completed this question on the Pure Expectations Theory... is it correct?
The statement that are consistent with the pure expectations theory of the yield curve are:
Long-term interest rates are based on expectations of what short-term interest rates will be in the future.An upward-sloping yield curve implies that the market thinks short-term interest rates are going to be higher in the future than they currently are.A flat yield curve suggests that the market thinks interest rates in the future will be the same as they are today.An inverted yield curve suggests that the market thinks short-term interest rates in the future will be lower than they are today.What is the pure expectations theory of the yield curve?According to the Pure Expectation Theory, the various maturities are substitutes, and the shape of the yield curve is determined by the market's expectation of future interest rates.
This theory states that yields change over time, but it fails to define the specifics of yield curve shapes. This theory disregards interest rate and reinvestment risk.
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what is commercial bank? in your own words.
what is the ethical issue in this case story?
Answer:
Some examples of ethical dilemma include: Taking credit for others' work. Offering a client a worse product for your own profit. Utilizing inside knowledge for your own profit.
Why is questioning such an important leadership skill?
A. Questioning shows the leader's interest in the people and in the project.
B. Questioning uncovers many mistakes and errors.
C. Questioning is a good way for the leader to stay in command.
D. Questioning is easier than facilitating meetings.
I know it’s not B I got it wrong.
Answer:
A. Questioning shows the leader's interest in the people and in the project.
Explanation:
Questioning shows the leader's interest in the people and in the project is an important leadership skill.
What are leadership skills ?The qualities and talents that people possess that enable them to manage operations, direct initiatives, and direct their teams toward the accomplishment of objectives are known as leadership capabilities.
In order for CEOs to effectively allocate resources to fulfill the mission and goals of their firm and make meaningful decisions regarding those decisions, they must possess strong leadership qualities. The capacity for delegation, inspiration, and good communication are all important leadership traits. Honesty, assurance, dedication, and innovation are further qualities of a leader.
People follow an effective leader. An effective leader may assist team members in achieving their professional objectives by providing them with knowledge, resources, training, and opportunities for growth. The trust of a team's members can be gained by a leader through empathy and concern.
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Explain any 2 objectives of a multinational firm with regard to its compensation policies?
The 2 objectives of a multinational firm with regard to its compensation policies are:
to keep the expatriate whole through maintenance of home-country living standardensuring a financial inducement to make the package attractiveWhat is a compensation policies?This refers to the principle of action that is proposed by an organization in regard to its employee's salary, benefits, bonuses etc
Therefore, the objectives of these multi-national firm are to keep the expatriate whole through maintenance of home-country living standard and ensuring a financial inducement to make the package attractive.
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Explain in detail the difference between the United States government's budget deficit versus the national debt.
Answer:
The debt is the total the U.S. government owes—the sums it borrowed to cover last year's deficit and all the deficits in years past.
Explanation:
What is the range for the section scores and the total score according to the "Scores" web page?
Based on the scores web page of the SAT exams, the range for the section scores and the total score according to the "Scores" web page is 400–1600.
What is the SAT exam?SAT exam is a standardized test widely carried out for college admissions in the United States.
Following its inception in 1926, the SAT name and scoring have changed several times; it was initially called the Scholastic Aptitude Test, and then later changed to the Scholastic Assessment Test, then the SAT I: Reasoning Test, then the SAT Reasoning Test, then simply the SAT.
Various sections of SAT exams are the following:Reading TestWriting and Language TestMathematicsSAT exams are known for their difficulty, especially the Mathematical sections. Generally, it is believed that mathematics is more difficult as people tend to score lower marks compared to the verbal sections.
Also, the total score is the sum of the two section scores which ranges between 400 - 1600.
Hence, in this case, it is concluded that the correct answer is 400 - 1600
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Life insurance immediately creates an estate upon the death of an insured. Which of the following
policies is characterized by a guaranteed minimum death benefit?
The type of policy that is characterized by a guaranteed minimum death benefit is known as a whole life insurance policy.
A whole life insurance policy is a permanent life insurance policy that offers lifelong protection to the insured and pays out a death benefit to the beneficiaries upon the death of the insured.
One of the key features of a whole life insurance policy is the guaranteed minimum death benefit, which means that the death benefit will never be less than a certain amount, regardless of how the policy performs. This provides a sense of security to the insured and their beneficiaries, knowing that there will always be a minimum amount of money that will be paid out.
In addition to the guaranteed minimum death benefit, whole life insurance policies also offer a cash value component. As premiums are paid, a portion of the premium is set aside in a cash value account that grows tax-deferred over time. This cash value can be accessed by the policyholder during their lifetime through policy loans or withdrawals.
Overall, a whole life insurance policy is a great option for those who are looking for lifelong protection and a guaranteed minimum death benefit. It offers peace of mind to the insured and their beneficiaries, knowing that there will always be a minimum amount of money paid out upon the death of the insured.
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Answer: variable life
Explanation: the variable nature a variable whole life insurance is its death benefit. however, if investment performance is poor, the death benefit will not go lower than the policy's guaranteed minimum.
B. Matching Type. Match Column B with Column A
Answer:
B. Matching Type. Match Column B with Column A
1. Safety equipment ⇒ C. Must be worn.
2. Danger signs ⇒ D. Inflammable
3. Safety information ⇒ E. Warning Do not touch.
4. Caution signs ⇒ B. No Smoking
5. Serious injuries ⇒ A. First Aid
Tide Corporation has traditionally made a subcomponent of its major product. Annual production of 30,000 subcomponents results in the following costs: Direct materials $ 250,000 Direct labor $ 200,000 Variable manufacturing overhead $ 190,000 Fixed manufacturing overhead $ 120,000 Tide has received an offer from an outside supplier who is willing to provide the 30,000 units of the subcomponent each year at a price of $28 per unit. Tide knows that the facilities now being used to manufacture the subcomponent could be rented to another company for $80,000 per year if the subcomponent were purchased from the outside supplier. There would be no effect of this decision on the total fixed manufacturing overhead of the company. Assume that direct labor is a variable cost. At what price per unit charged by the outside supplier would Tide be indifferent between making or buying the subcomponent
An amount of $24 per unit will need to be charged by the outside supplier to make Tide be indifferent between making or buying the subcomponent.
Relevant cost per unit to make = (Direct materials + Direct labor + Variable manufacturing overhead + Fixed manufacturing overhead) / Total sub-component unit
Relevant cost per unit to make = ($250,000 + $200,000 + $190,000 + $80,000) / 30,000 units
Relevant cost per unit to make = $24
Hence, the indifferent price is $24 per unit
Therefore, an amount of $24 per unit will need to be charged by the outside supplier to make Tide be indifferent between making or buying the sub-component.
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