Answer:
With a hollow structure, the organization
has a central core of key functions and outsources others to vendors who are less expensive or faster.
Explanation:
Organizations operating hollow structures rely on an outsourcing model. The organization maintains its core internal processes. For non-core processes, it uses outsourcing to achieve efficiency. For hollow structures to exist and be effective, the industry in which the organizations operate must be competitive in terms of price and cost. Again, there will be opportunities to outsource some processes to competent outside vendors.
When Katie decides to take $25,000 in December (the normal payable date) and to defer the residual for 15 years when she plans to retire. "She does not violate the economic benefit rule with the decision."
<h3>What is Economic Benefit Rule?</h3>
It is a principle of taxation that affects taxpayers with cash basis who are paid for their services.
According to its provisions, a taxpayer is subject to taxation if they derive a "economic benefit" from an unqualified right to acquire property in the future.
Some examples of economic benefit rule are-
- net income and revenues,
- profit and net cash flow,
- a decrease in anything, such a cost,
- cheaper labour or raw material costs.
Thus, the benefit a person receives from paying less for a good than the utmost price they are willing to pay for it is known as the net economic benefit.
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Many organizations spend more time and money on the systems <u>Maintenance</u> phase than on any of the other phases.
In order to fix bugs, boost performance, or adapt to a changing environment, a software system or module must go through a process known as system maintenance.
One technique that assists in updating, modifying, and upgrading software to meet customer needs is system maintenance. Once the software is released or launched, maintenance work is done for a variety of reasons, such as enhancing the software as a whole, fixing errors or problems, boosting performance, and more.
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Answer:
Costs of Goods sold = $65,200
Explanation:
Since the entire Finished Goods Inventory was sold, thhis implies that there is no accumulated ending cost.
The Costs of Goods sold can be calculated as follows:
Accumulated beginning cost = $37,800
Direct materials were used = $9,000
Direct labor = Number of direct labor hours * Labor cost per hour = 300 * $40 = $12,000
Manufacturing Overhead = Number of machine hours * Cost per machine hour = 160 * $40 = $6,400
Therefore, we have:
Costs of Goods sold = Accumulated beginning cost + Direct materials were used + Direct labor + Manufacturing Overhead = $37,800 + $9,000 + $12,000 + $6,400 = $65,200
Based on the marginal benefit of each additional shield decreasing, the reason why it would happen in real life is that there are additional advantages as quantity consumed increases.
<h3>Why does marginal benefit decrease?</h3>
Marginal benefit will decrease as more goods are acquired because the benefit that each additional shield will bring is less than what the last shield would bring.
Take this example for instance. You wanted ice cream and as you kept taking more ice cream, you wanted more and more at first but then began to want less and less ice cream because you were getting full.
This is the same with the shields. As you acquire more shields, they become less useful because you can't use all of them. This shows that the marginal benefit has decreased.
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