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Stella [2.4K]
1 year ago
10

what is the difference between procedures and rules? can some rules be eliminated when solid procedures are in place? discuss.

Business
1 answer:
iragen [17]1 year ago
8 0

Rules are made so that people behave in a particular manner whereas, procedures are meant to guide about how to do something.

Procedures are the standard steps used to carry out tasks in an organization. They were created for repetitive tasks. They offer instructions regarding how to carry out a task. In speaking, procedures are inflexible and provide no room for inventiveness. It eliminates ambiguity from the work and provides it a clear structure.

Rules are specific instructions that define what must be done and what shouldn't be done. They were created in order to preserve, govern, and manage the workplace. They were inflexible and lack adaptability. Strict disciplinary measures are applied when rules are broken. It reflects decisions about what needs to be done and what cannot be done.

No, rules cannot be eliminated when solid procedures are in place because they determine the behavior or manner in which things should be done.

Learn more about rules and procedures here:

brainly.com/question/28361947

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Which of the following statements is (are) TRUE?
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Answer:Accounting profit equals total revenue minus accounting costs

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4 years ago
Bramble Vita produces a wide range of herbal supplements sold nationwide through independent distributors. In response to an inc
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Answer and Explanation:

The Statement showing the amount and the timing of all the cash Flow of Burger is shown below:-

Year      Particulars                                             Amount

0            Cost of new machine                                       ($176,300)

0            Additional installation cost of new machine   ($3,275)

0            Sales of old machine                                          $13,150

1-3          Savings in overhaul cost of old machine           $11,550

1-10        Saving in variable cost                                        $25,800

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8 0
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What is a small business?​
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7 0
3 years ago
Assume that a financial asset gives its owner the following cash flows which are invested using the compound interest method: ye
VMariaS [17]

Answer:

$114,218.

Explanation:

Year 0, cash outflow = $15,041

Year 1, cash inflow = $44,780

Year 2, cash inflow = $15,784

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R = 6%

Value of the asset in year 3 = -15,041*(1+6%)^3 + 44,780*(1+6%)^2 + 15,784*(1+6%) + 52,390 + 13,458/(1+6%)

Value of the asset in year 3 = -15,041*1.191016 + 44,780*1.1236 + 15,784*1.06 + 52,390 + 13,458/1.06

Value of the asset in year 3 = -17,914.07 + 50,314.81 + 16,731.04 + 52,390 + 12,696.23

Value of the asset in year 3 = $114,218.01

5 0
3 years ago
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