Answer:
May list assets and liabilities from least liquid to most liquid.
Explanation:
According to International Financial Reporting Standards IFRS the companies may list their available assets and liabilities in descending order of most liquid to least liquid. It enables the users financial statements to easily assess the time assets will take to be converted into cash. Therefore cash is considered as most liquid and is first item to be presented on the Balance sheet of the company under current assets account.
<h2>To become a Manager one must have at least five years of experience.</h2>
Explanation:
Subject-matter expert:
- Any person who has completed UG or PG can become subject-matter expert.
- Only thing the knowledge in a particular subject will be assessed during the various interview process.
- This is enough to become a SME
Virtual assistant:
- He/ she is the person who supports business form remote location
- This role will be either bottom most or middle position role depending on the organization's hierarchy.
Manager:
- Whereas manager has huge responsibility
- It requires lots of experience to handle people, business, understand organizational goal, meet requirement, achieve targets, multi-tasking, etc.
- So it needs both skill and experience to become a manager and it cannot happen suddenly.
For a company-wide layoff, I would most likely chose face-to-face communication. This is because the news is sensitive, and would most likely upset a lot of people. If this could be explained individually, I would chose so. Otherwise, I would gather people for a conference where I explain such a situation.
A company picnic is not as serious, so I would communicate this through email or a newsletter. Finally, for a change in how people perform their tasks, I would require each supervisor to explain all the details carefully to each person and guide them through the transition.
If I wanted to communicate nonverbally with my team, I would try to be present as much as possible. Moreover, I would also listen carefully to their complaints and suggestions.
Answer:
a. Job analysis
Explanation:
Job analysis in human resources(HR) entails identifying the responsibilities , duties and functions associated with a given job role. Certain criteria such as relevant qualifications needed to perform better on the job and conditions under which the work will be performed are also part of Job analysis.
In job analysis, what is quite important is that it is the job that is assessed and not the person filling the job role whilst job analysis data may be retrieved by human resources(HR) from the person currently on the job role . Examples of areas where job analysis may be applied in an organization are in risk management, career and succession plan, recruitment and selection etc.
Answer:
Direct labor rate variance= $594 unfavorable
Explanation:
Giving the following information:
The standard direct labor cost per hour is $7.20.
During August, Zanny's water ski radio production used 6,600 direct labor-hours at a total direct labor cost of $48,708.
<u>To calculate the direct labor rate variance, we need to use the following formula:</u>
Direct labor rate variance= (Standard Rate - Actual Rate)*Actual Quantity
Actual rate= 48,078/6,600= $7.29
Direct labor rate variance= (7.20 - 7.29)*6,600
Direct labor rate variance= $594 unfavorable