Answer:
Petra,a plant manager ,received an e-mail from the CEO stating that the company will now be focusing on customer service.The e-mail also stated that all plant managers need to implement this policy and coordinate the activities related to this strategy for their lowest level mangers.Petra is a <u>middle level manager.</u>
<u>Explanation</u>: Middle level managers extract the information from top level managers who are above them and supervisors who are below them.They give data and facts back in the organisation.They act as a connecting link between top and lower level of management.
Middle level managers are responsible for making any changes needed in an organisation.They look after day to day routines and make sure everything is in accordance with the requirements of the concern.
Middle level managers needs to have following skills:
- They must have ability to hire good individuals for concern
- Very good communication skills
- They must have ability to delegate
- They must be capable of making strong decisions.
Answer:
Debit Depreciation Expense, $525;
Credit Accumulated Depreciation, $525.
Explanation:
Based on the information given in a situation where the financial statements are to be prepared on December 31, which means that the company should make the following adjusting entry:
Debit Depreciation Expense, $525
Credit Accumulated Depreciation, $525
Calculated as:
Debit depreciation expense $6,300/12
Debit depreciation expense=$525
<span>1) failing to make a required interest payment on time. I chose this as the least significant because you can always make up a late payment and then its not really a huge deal. It could hurt your credit score but it is not a life or death situation.
2) defaulting on a principal payment on debt. This is a little worse because at this point you cant cant even pay the debt and now your falling a little worse into debt but you can still get out.
3) restructuring debt. This is worse because you already have obtained a lot of debt but you are getting the chance to restructure it to help pay it off you even though your in a bad spot you still have a chance to get out.
4) filing for bankruptcy. At this point you are bankrupt you really don't have a lot of options left and you are kind of at the point of no return unless you can get a hold of a lot of cash really fast.
5) liquidating a firm. At this point you have to sell all of your assets in order to pay of your debt. You will be left with nothing left you may even have to sell you house all your jewelry basically everything that you own that has some value that can be sold.</span>
Answer:
a.equity method investments where a company has holding of less than 20 %
Answer:
Bookkeeping is related to the recording measuring, and finding the financial data of a company and Accounting is the process where in the company's financial data is summarized, and a report is prepared for the same.
Explanation:
hope this will help you
