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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

#SPJ4

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Godart Co. issued $4.5mn notes payable as a scrip dividend that matured in five years. At maturity, each shareholder of Godart's
Ghella [55]

Answer:

$6,750,000

Explanation:

Since it is stated in the question that the 3mn shares will be paid the principal and interest at maturity, and it is not stated the note is compounded, we apply the following simple calculation:

Amount to pay = $4,500,000 + [($4,500,000 × 10%) × 5 years]

                         = $4,500,000 + [$450,000 × 5 years]

                         = $4,500,000 + 2,250,000

Amount to pay = $6,750,000

Therefore, the amount should be paid to the stockholders at the end of the fifth year is $6,750,000.

4 0
3 years ago
Jones Company uses the weighted-average method in its process costing system. The Finishing Department started the month with 40
Vaselesa [24]

Answer:

Units Completed and Transferred: 2,700

Explanation:

Units Completed and Transferred: Beginning Units in Process + Units Received -  Ending Units in Process

Beginning Units in Process:                400

Units Received:                                 2,500

<u>Ending Units in Process:                     (200)</u>

Units Completed and Transferred:  2,700

6 0
3 years ago
How does pay structure affect company strategy ?
Dennis_Churaev [7]

Answer:

Economy

Explanation:

It affects per annum.

6 0
2 years ago
The manufacturer of Brand A automobile tires claims that its tire can save 120 gallons of fuel over 60 comma 000 miles of​ drivi
ivolga24 [154]

Answer:

By choosing tire A, the consumer will save $0.006 USD ($0.6 cents) per mile.

Information:

  • Saving: 120 gl over 60,000 miles
  • Gasoline: $3/gl

Explanation:

Total saving in 60,000 miles = 120gl * $3/gl = $360

Total saving in 1 mile = $360/60,000 = $0,006

5 0
2 years ago
On January 1, 2018, Hobart Mfg. Co. purchased a drill press at a cost of $33,600. The drill press is expected to last 10 years a
dmitriy555 [2]

Answer:

2018 = $4,945.46

2019 -  $4,450.91

Explanation:

sum-of- the-years'-digits depreciation expense =( number of useful lives remaining / sum of the years ) x (Cost of asset - residual value)

sum of the years = 1 +2 +3 + 4 + 5 + 6 + 7 + 8 + 9 + 10 = 55

depreciation expense in 2018 = (10 / 55 ) x ( $33,600 - $6,400) = $27,200 X 0.181818 = $4,945.46

depreciation expense in 2018 = (9 / 55 ) x ( $33,600 - $6,400) = $27,200 X 0.163636 = $4,450.91

8 0
2 years ago
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