Situational
Leadership as a theory was developed by Dr. Paul Hersey in the late 1960s which
aims to give further understanding between the leaders and its members. The
fore cores of the theory are to ‘Diagnose’ (knowing the situation), ‘Adapt’
(Change the behaviors of the members in the level of the situation), ‘Communicate’
(letting the members understand the situation) and ‘Advance’ (further the
developments). This is of course very helpful as its gives the leaders
(managers) the opportunity to adjust themselves according to the situation.
<span> </span>
Answer:
The correct answer is letter "A": Analytical review.
Explanation:
Substantive procedures are those steps auditors take to confirm the accuracy of the Financial Statements being checked. This activity aims to confirm if there are transactions recorded incorrectly in a company's books. Some examples of substantive procedures are <em>bank account confirmation, observation of the firm's physical inventory, </em>or<em> analytical review of the assets, liabilities, and revenue</em>.
Answer:
4) Hyperinflation
Explanation:
Hyperinflation is when the prices of goods and services rise more than 50 percent a month. At that rate, a loaf of bread could cost one amount in the morning and a higher one in the afternoon. The severity of cost increases distinguishes it from the other types of inflation.
It appears as though D is the correct answer
(Though (as a sub note) diversification of portfolios is a common method to reduce risk)
Answer:
(B) 34400 units
Explanation:
The formula to compute the break even point is shown below:
= (Fixed costs) ÷ (Contribution margin per unit)
where,
Contribution margin per unit = Selling price per unit - Variable expense per unit
= $50 - ($50 × 50%)
= $50 - $25
= $25
And, the fixed cost = $665,000 + $195,000 = $860,000
So, the break even point would be
= ($860,000) ÷ ($25)
= 34,400 units