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allochka39001 [22]
3 years ago
11

What is the third stage of the rational model of decision making? Identify the problem or opportunity. Implement and evaluate th

e chosen solution. Develop alternative solutions. Evaluate alternatives and select a solution.
Business
2 answers:
Sever21 [200]3 years ago
8 0

Answer: Evaluate alternatives and select a solution.

Explanation: Strategist and decision makers in an organization are constantly being tasked coming up with solutions to arrest recurring organizational challenges or problem and adopting certain business principle or strategy. Decisions made in the Bea interest of an organization by Strategist using logical inference after having studied and evaluated available and feasible alternatives could be referred to as employing the rational model of decision making. The third stage in this model is the evaluation of alternatives and selecting a solution based in available information. This stage is usually preceeded by identifying the problem and defining the decision criteria.

max2010maxim [7]3 years ago
3 0

Answer:

Evaluate Alternatives and Select a Solution.

Explanation:

There are five steps in the rational decision making model of which the third stage is the evaluation of alternative plans and policies. These are measurements that highlight success and failure of alternatives. This stage includes secondary and final analysis. Thus, the options information are evaluated to establish possible consequences of each alternative.

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In the confirmation of accounts receivable, the auditor will most likely
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Answer:

A. Request confirmation of a sample of the inactive account.

Explanation:

In the confirmation of accounts receivable, the auditor would most likely Request confirmation of a sample of the inactive accounts .

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Which of the following statements represent the appropriate directional relationships between the concepts of inherent risk, con
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b. As inherent risk goes up, audit risk goes down.

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Inherent risk is the risk which is present before applying any control, and audit risk is the that the auditor expresses inappropiate audit opinion when the financial statements are materialy misstated.

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2 years ago
Problem 11-1A Short-term notes payable transactions and entries LO P1 [The following information applies to the questions displa
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Missing information:

__?__ Paid the amount due on the note to Locust at the maturity date.

__?__     Paid the amount due on the note to NBR Bank at the maturity date.

Nov. 28 Borrowed $24,000 cash from Fargo Bank by signing a 60-day, 6% interest-bearing note with a face value of $24,000.

Dec. 31 Recorded an adjusting entry for accrued interest on the note to Fargo Bank.

2017

__?__  Paid the amount due on the note to Fargo Bank at the maturity date.

Required: prepare journal entries

Answer:

2016 Apr. 20 Purchased $37,500 of merchandise on credit from Locust, terms n/30.

April 20, 2016, merchandise purchased on account

Dr Merchandise inventory 37,500

    Cr Accounts payable 37,500

May 19 Replaced the April 20 account payable to Locust with a 90-day, $35,000 note bearing 8% annual interest along with paying $2,500 in cash.

May 19, 2016, replaced account payable with note payable

Dr Accounts payable 37,500

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    Cr Notes payable 35,000

July 8 Borrowed $54,000 cash from NBR Bank by signing a 120-day, 10% interest-bearing note with a face value of $54,000.

July 8, 2016, borrowed $54,000 from bank

Dr Cash 54,000

    Cr Notes payable 54,000

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August 17, 2016, paid note payable to Locust

Dr Note payable 35,000

Dr Interest expense 690.41 ($35,000 x 8% x 90/365)

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__?__     Paid the amount due on the note to NBR Bank at the maturity date.

November 5, 2016, paid bank's debt.

Dr Notes payable 54,000

Dr Interest expense 1,775.34 ($54,000 x 10% x 1220/365)

    Cr Cash 55,775.34

Nov. 28 Borrowed $24,000 cash from Fargo Bank by signing a 60-day, 6% interest-bearing note with a face value of $24,000.

November 28, 2016, borrowed $24,000 from bank

Dr Cash 24,000

    Cr Notes payable 24,000

Dec. 31 Recorded an adjusting entry for accrued interest on the note to Fargo Bank.

December 31, 2016, accrued interests on bank debt

Dr interest expense 130.19 (= $24,000 x 6% x 33/365)

    Cr Interest payable 130.19

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__?__  Paid the amount due on the note to Fargo Bank at the maturity date.

January 27, 2017,  paid bank's debt.

Dr Note payable 24,000

Dr Interest payable 130.19

Dr Interest expense 106.52 (= $24,000 x 6% x 27/365)

    Cr Cash 24,236.71

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