Answer:
B. Advertising Expense 500 Prepaid Advertising 500
Explanation:
The journal entry is shown below:
1. Prepaid Advertising A/c Dr $2,000
To Cash A/c $2,000
(Being the prepaid advertising is paid)
2. Advertisement expense A/c Dr $500
To Prepaid Advertising A/c $500
(Being the adjusting entry is recorded)
Since for three-fourth is received, so one-fourth is still pending which would be
= $2,000 - $1,500 ($2,000 × 3 ÷ 4)
= $500
Answer: Managerial Contingency leads to preparedness in the case of a disaster, emergency, or system failure while a task contingency is a task that is carried out in the event of failure of another task.
Explanation:
Managerial Contingency leads to preparedness in the case of a disaster, emergency, or system failure. Managerial contingency uses risk assessment and its aim is to identify threats and vulnerabilities and implement countermeasures to avoid an incident or curtail its impact in case it happens. Planning for disaster recovery and operational continuity and are vital components of managerial contingency.
For task contingency, it has to do with a task to be accomplished in the event of another task when the other task cannot be completed successfully. Every task has at most one, specific and unique contingency that is pre-planned. A task contingency then has its own contingency to be done in the event of failure.
Just walk away and tune dem out
Answer:
The correct answer is B) False
Explanation:
An ethnocentric approach to management will precisely take into account the cultural characteristics of a particular ethnic group, therefore, the probability of a manager taking a decision that conflicts with the values of said ethnic group is lower.
For example, suppose that a pizza delivery firm wants to set up business in Italy. An ethnocentric approach would result in the avoidance of selling hawaian pizza in Italy, because Italians do not like that specific type of pizza.
