Answer:
a) Theory Y
Explanation:
Crater Valley Manufacturing has adopted the theory Y management approach. Theory Y proposes a participative management style, teamwork, and decentralization of the decision-making process. In the theory Y approach, managers encourage employees initiatives that will contribute to the success of the organization. Theory Y tries to match the organizations' objectives with the employees' aspirations.
<u>Some of theory Y assumption include</u>
- Employees have a natural tendency to work and play.
- Employees have self-direction and self-discipline in pursuit of organizational goals without external coercion or threats.
- An average person seeks and accepts responsibilities.
- Employee loyalty and commitment is as a result of job satisfaction and job reward.
Answer:
B. debit Accounts Receivable $350 and credit Unearned Service Revenue $350
Explanation:
When the check was received for services yet to be performed, an asset in form of cash is recorded as well as a liability in form of deferred revenue. If the bookkeeper for Sebadoh Company incorrectly debited Cash for $350 and credited Accounts Receivable for $350. The amounts have been posted to the ledger.
To correct this entry, the amount credited to account receivable would be reclassified to Unearned or deferred revenue. by debiting accounts receivables and crediting unearned/deferred revenue.
Answer:
The $21,122 would he have to sell in a month if he wants to have a monthly income of $2400
Explanation:
In this question we assume the value which is shown below
Let us assume the amount which is sell be X
So, the equation would be
Commission × (Sale amount - sales amount) + Base salary = Monthly income
0.09 × (X - $1,950) + $675 = $2,400
0.09X - $176 + $675 = $2,400
0.09X = $2,400 + $176 - $675
0.09X = $1,901
So, X = $21,122.22
X = Sale amount = $21,122.22
"credit unions" are owned by the people who deposit and are loaned money