Answer:
Today's managers are using more subordinate-centered leadership styles to get the best out of them.
Why: Reasons
Why today's managers are more titled toward the subordinate-centered leadership styles, following are few of the reasons:
(1) In today's world, businesses have become much more complicated as ever before, competition has changed the face of any businesses, therefore, managers want to have new and creative ideas, and this is only possible when employees are given free hand in choosing their work environment, thus, it is only possible when manager are having supportive behavior towards their subordinates.
(2) Human resource departments are so efficient now-a-days that they are always in searching of exciting talent. They do the head-hunting on the continuous basis, where they hire employees from other organisations, therefore, if you don't treat your employees well, then they will have more chances to switch the organisation and avail the better available chances.
(3) Employee enjoy working in an environment where they have freedom, bosses and employees work together like Google and SEMCO. In both of these organisations, the organisational structure help employees in participation towards the decision making in the organisation. Employees feel more productive and loyal to the organisation, therefore, employees-centered leadership approaches are more valid now-a-days.
Answer:
no loss or gain should be recognized by the Charm
Explanation:
Given:
Original cost of the truck = $10,000
Accumulated depreciation of the truck = $7,000
Thus,
the value of the truck after depreciation = $10,000 - $7,000 = $3,000
The amount paid with the exchange of the truck = $2,000
Therefore, the total considerable amount paid for the new truck
= value of the truck after depreciation + amount paid with the exchange
= $3,000 + $2,000
= $5,000
Also, the fair value of the truck = $5,000
Since, the amount total considered amount paid by the charm co. for the new truck is equal to the fair value of the truck.
Hence, there no loss or gain should be recognized by the Charm
Answer:
c) AICPA accounting and auditing guide, Audits of Colleges and Universities and/or AICPA SOP 74-8, Financial Accounting and Financial Reporting by Colleges and Universities.
Explanation:
As accounting and auditing guide which is issued by AICPA for health care 3 gives full guidance on how to deal with financial reporting issues for the hospital so the accountant would look into it for any problem related to it.
Answer: $93,876
Explanation:
The equivalent present amount of an 8year series of decreasing amounts when the interest rate is 10% compounded annually, the first year amount is $20,000, and the rate of decrease is $800 per year will be calculated thus:
PV = C / (1+r) ^ t
= 20,000/1.1 + 19,200/1.1² + 18,400/1.1³ + 17,600/1.1⁴ +16,800/1.1^5 + 16,000/1.1^6 + 15,200/1.1^7 + 14,400/1.1^8
= $93,876
Therefore, the equivalent present value is $93,876.
