Answer: Vroom and Yetton's normative decision model.
Explanation:
The Vroom–Yetton normative decision model is a situational leadership theory of industrial and organizational psychology that was developed by Victor Vroom, in collaboration with Phillip Yetton and later with Arthur Jago. The situational theory argues the best style of leadership is contingent to the situation.
Regarding decision making, the Vroom-Yetton model suggests that being autocratic, seeking advice, considering alternative approaches before a decision is made, informing a group on an issue, and letting that group develop the solution without forcing your own ideas are all important at times.
Answer: See explanation
Explanation:
The year-end adjusting entry to record the cost side of sales returns and allowances will be:
Dr Inventory Return estimated $3200
Cr Cost of goods sold $3200
(To record expected coat of returns)
Note that the above calculation was done as:
= $64,000 × 5%
= $64,000 × 0.05
= $3200
As u asked in ur question which food we should have before exercise : ANSWER is - Option (B)
cross check if u have doubt it's correct..
Key person insurance is business continuation plan does this company have.
<h3><u>Explanation:</u></h3>
The insurance policy of life that company purchases on key executive's life. The company pays the insurance policy through which it also plays the beneficiary of the plan. This insurance is known as "key man insurance" or "key woman insurance" or "business life insurance".
These pay after the death of key employee are used for expenses for replacement person and the business would be closed with proper steps. In this situation, the insurance of key person insurance gives the company some options other than immediate bankruptcy.
<h3 />
Answer:
C) Cost of ending work in process inventory Cost of units transferred out
Explanation:
The cost reconciliation wil lbe as follows:
Total to account for:
Beginning work in process inventory 2
Cost added during the period 8
10
Cost accounted for as follows:
Cost of units transferred out 7
Cost of ending work in process inventory 3
10
Which makes statement C correct.
