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2 years ago

What is the difference between position management and job management.

Business

1 answer:

Lelechka [254]2 years ago

4 0

The difference between position management and job management lies in the fact that;

In Position Management, a position is created for each new employee/opening while In Job Management, no positions are necessary in order to create a job requisition.

<h3>Staffing Models</h3>

Conventionally, there are two types of staffing models:

Position Management and
Job Management.

In Position Management, it is necessary that a position is created for each new employee/opening. In such cases, reports show open positions and vacancy rates.

However, In Job Management, no positions are needed in order to create a job requisition.

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A corporation must obtain shareholder approval before the company a. hires or fires a significant number of employees. b. expand

dexar [7]

Answer:

c. sells off a major portion of its business to another company.

Explanation:

The corporation that should obtain the approval of the shareholder prior when the business major portion is sell off to the another company as it is very crucial decision taken by the company. It cant be taken without the approval of the shareholder as they are the original investors of the company

So as per the given situation, the option c is correct

7 0

3 years ago

Multiple Choice Question Tresses, Inc., which has a December 31 year end, lent $1,000 on December 1 to an employee at 6% due in

maria [59]

Adjusting entry on December 31 with a debit to Interest receivable and credit to Interest Revenue for the interest generated in December.

<h3>What is an Adjusting entry?</h3>

Adjusting entries and journal entries used in accounting and accounting to assign income and expenditure to the period in which they actually occurred.
They are often made at the end of an accounting period. Under accrual-basis accounting, the revenue recognition principle serves as the foundation for adjusting entries related to unearned and accrued revenues.
Because they are done on balance day, they are occasionally referred to as balance day adjustments.
Revenues and related costs are recorded in the same accounting period according to the matching concept of accrual accounting.
The actual money, however, can be received or paid at a separate period.

<h3>What is Interest receivable?</h3>

The amount of interest that has been earned but has not yet been paid out in cash is known as interest receivable.
Many organizations won't record this number because they believe it to be irrelevant.

Therefore, it will record an Adjusting entry on December 31 with a debit to Interest receivable and credit to Interest Revenue for the interest generated in December.

Know more about Interest receivables here:

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3 0

1 year ago

At the end of 2016, Sunland Company has accounts receivable of $653,700 and an allowance for doubtful accounts of $24,200.

Anton [14]

Answer:

allowance for doubtful accounts 4,245 debit

accounts receivables 4,245 credit

--to record write-off of Madonna Inc account--

Explanation:

<em>Prepare the journal entry to record the write-off. </em>

To record the write-off we will decrease both, the allowance and the accounts receivable for the amount we consider uncollectible. Under allowance method the company never uses bad debt expense at write-off it only does at year-end adjustment

4 0

3 years ago

Multico is a securities dealer whose principal market is with other securities dealers. To take advantage of a perceived opportu

Delvig [45]

Answer:

$50,100

Explanation:

Given that

Acquired value of a financial asset other than principal market = $50,000

Sale value of the identical instrument in principal market = $50,100

Transaction cost = $200

For reporting the fair value, we have to exclude the transaction cost i.e $200 and consider that cost which is to be received while exchanging i.e $50,100

This sale value would be equal to the fair value i.e $50,100 should be reported as a fair value

3 0

3 years ago

A friend asks you what sort of interest-simple or compound- is better. What would your answer be, and why?

Bas_tet [7]

Answer:

Compound interest is better than simple interest

Explanation:

Compound interest is better than simple interest especially when it comes to investing. Funds grow at a faster rate in compound interest than simple interest.

Simple interest is the interest on only the principal while compound interest is the interest on principal and on the previous accumulated interest (that is, interest on interest).

The formula for simple interest is:

P x r x t

Where P is the principal

r is the interest rate

t in the time.

For compound interest:

A=P(1+r/n)^nt.

A is the amount after compounding.

P is the principal.

r is the interest rate

n is the number of times interest compounds(adds up) per year

t is the number of years.

3 0

2 years ago