Answer:
means payment of a fixed percentage of net earnings as dividends every year.
Explanation: The amount of dividend in such a policy fluctuates in direct proportion to the earnings of the company. The policy of constant pay-out is preferred by the firms because it is related to their ability to pay dividends.
Answer:
$16,159
Explanation:
The computation of the total cost is shown below:
= Direct material cost + Direct labor cost incurred + overhead cost
= Direct materials + Direct Labor hours incurred to complete × hourly wage rate + Direct Labor hours incurred to complete × Predetermined Overhead Rate
= $1,393 + 138 hours × $25 + 138 hours × $82
= $1,393 + $3,450 + $11,316
= $16,159
Answer: Voidable contract.
Explanation: Voidable contract is enforceable by law at the option of one or more parties but not an option of the the other parties. A voidable contract can still be considered valid if its not cancelled by the aggrieved party within a stipulated time. A contract is said to be a voidable contract if the contract is entered into without the free consent of the party. Typical grounds for a contract being voidable include coercion , undue influence and fraud. A contract made by a minor is often voidable.
It is a valid contract which may be either affirmed or rejected at the option of one of the parties involve.
Answer: Chain of command
Explanation:
The chain of command is one of the type of official organizational hierarchy in which the various types of relationship are establishing the accountability and the power for making the various types of decisions.
The chain of command is basically responsible for filing various types of issues or complaints in an organization for the employees or workers.
According to the given question, the salesperson is experiencing the issue with the chain of command as salesperson is working in the shipping department and the company's accounting department told him to turn his weekly account of the expenditure.
Therefore, Chain of command is the correct answer.
