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4 years ago

All bosses will react the same way to an employee being late. True or False?

Business

2 answers:

Verdich [7]4 years ago

6 0

Answer:

FALSE

Explanation:

Each boss has his/her own work methodology. Some bosses tend to be more understanding, others less. It all depends on the personality of the boss as well as the motivations of the employee's delay. It is important that the employee be assiduous and true. Unforeseen events happen and bosses tend to be aware of them, except when they realize that there is an opportunism and lack of commitment from the employee.

Veronika [31]4 years ago

3 0

This is false some bosses will understand and be super chill about it while others act as if the got a stick up there a**

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On April 1, a patent with an estimated useful economic life of 12 years was acquired for $1,500,000. In addition, on December 31

Tasya [4]

Answer:

April 1

Debit : Patent $1,500,000

Credit : Cash $1,500,000

December 31

Debit : Amortization $125,000

Credit : Accumulated Amortization $125,000

December 31

Debit : Impairment loss $6,000,000

Credit : Accumulated Impairment loss $6,000,000

Explanation:

Both the Amortization and Impairment loss reduce the value of assets. They are therefore expenses accounted in Income Statement.

Amortization : is the loss of value of an asset due to passage of time.

Amortization Expense = (Cost - Residual Amount) ÷ Useful Life

= ( $1,500,000 - $ 0) ÷ 12

= $125,000

Impairment loss : is the excess of the Carrying Amount of an Asset over its Recoverable Amount( Higher of Value in Use and Fair Value less Cost to Sell)

6 0

3 years ago

Company A has a shorter Average Collection Period than Company B using the formula 365 / (Credit Sales / Average AR Balance). Wh

Irina-Kira [14]

Answer:

Statement B is correct

Explanation:

Provided Information that,

Company A has shorter Average Collection Period than Company B,

Average Collection Period refers to the period in which the cash is collected from debtors.

Thus in the given statements only statement B states that Company A is more efficient in collecting receivables from debtors, thus it is the correct statement.

Statement A is wrong as Company A has less Average Collection Period, thus it's credit sales percentage would be higher than Company B.

Statement C which states about generating revenue is not correct as the company might have cash sales.

Statement B is correct

3 0

3 years ago

Why are debit cards not listed as money?

PIT_PIT [208]

Why are debit cards not listed as money? B<span>ecause they perform the same function as checks, and checks are counted as money. Debit cards are sometimes called check cards because they are linked directly to a checking account just as writing a check to someone would be. Since they are essentially serving the same purpose as a check, they are not listed as a money source. </span>

5 0

4 years ago

The total factory overhead for Bardot Marine Company is budgeted for the year at $600,000. Bardot Marine manufactures two types

Olenka [21]

Answer: the total number of budgeted direct labor hours for the year. - 600 DLH

the single plantwide factory overhead rate- $100 per DLH

the factory overhead allocated per unit for each product using the single plantwide factory overhead rate. Speedboats $ per unit Bass boats $ per unit--- For Both Products $1,200

Explanation:

5 0

3 years ago

. A business cycle is the a. period of time in which expansion and contraction of economic activity are equal. b. period of time

Mama L [17]

Answer:

c. recurring growth and decline in real GDP.

Explanation:

A business cycle is also called a economic cycle or trade cycle, and it is the fluctuation of GDP up and down along its long term growth trend. A business cycle consists of a period of boom and contraction in sequence.

It shows rise and fall in production of goods and services within a country including output from businesses, individuals, households, nonprofits, and government.

There are 4 stages that make up the business cycle that is peak, recession , trough, and expansion.

3 0

4 years ago