The correct answer is layers of management. Layers of
management is defined as a centralized, bureaucratic organization structure by which
it is composed of three levels of management that are; top-level, middle level,
and first level managers that are less top level managers.
Answer:
The correct answer is letter "C": an inventory system that is used to manage independent demand inventory.
Explanation:
A Periodic Review System is used to keep track of the inventory of a firm after determined periods. Review intervals are set by the company in an attempt to find out the amount of stock needed to fulfill consumers' orders or to reach the company's Target Inventory (TI). This inventory system is used to handle independent demand inventory.
Answer:
Debit to Salaries Expense $2,700; Credit to Salaries Payable $2,700
Explanation:
In accounting, we have to recognize all expenses even though we haven't paid it yet. This is one of those instances.
The employees have worked for 3 days at the end of January but will not receive their payment on that day. That equates to $2,700 of salaries accrued at the end of January.
Accrued Expenses are recorded as payables, in this problem it's "Salaries Payable".
So to complete the adjusting journal entry:
(Debit) Salaries Expense $2,700
(Credit) Salaries Payable $2,700
Answer:
55.58
Explanation:
Data provided in the question;
Initial demand per month, Q₁ = 3
Final demand per month, Q₂ = 5
Initial price, P₁ = $33,200
Final price, P₂ = $33,500
Now,
elasticity of demand using midpoint method is calculated as :
=
or
= 
on substituting the respective values, we get
= 
or
= 
or
= 
= 55.58
Answer:
E
Explanation:
all of those statements seem valid about being an effective decision maker