An employer-employee connection is established whenever an employer engages a worker to perform a physical service.
An employer-employee relationship refers to how an employer (either an individual or an institution) and employees view and treat one another at work. The moment a person signs their employment contract, a relationship between them and their employer is established.
What kind of relationship should exist between the employee and the employer?
a result of the modeling exercise for a work relationship
The interaction between an employer and employee should be cordial and helpful. An employer is the one who welcomes a worker into an organization, hence it is his major duty to make sure the latter is comfortable and pleased while working.
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Answer: (C) Mission statement
Explanation:
Mission statement is one of the type of organization statement that is developed by the manager for the various types of fundamental purpose in an organization.
The primary objective of the mission statement in an organization is that it deals with the strategic planning by achieving long term goals.
According to the question, the employees worked with the manager in an organization for developing the mission statement that helps in outline the various types of fundamental process.
Therefore, Option (C) is correct.
Answer:
C Liabilities are understated, and net income is overstated.
Explanation:
To accrue for interest expense, the required entries are;
Debit Interest expense (p/l)
Credit Accrued Interest (B/s)
Being entries to recognize accrued interest expense.
If this is not posted, liabilities and expenses for the period would be understated. As such, net income would be overstated.
Hence the right answer is C Liabilities are understated, and net income is overstated.
Answer:
The after-tax MARR is 13.26%
Explanation:
After - tax MARR = Before tax MARR*(1 - tax rate)
= 17%*(1 - 22%)
= 13.26%
Therefore, The after-tax MARR is 13.26%
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