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Crazy boy [7]
3 years ago
14

Why is employee participation in the performance management process important? under what circumstances is employee participatio

n not necessarily important?
Business
1 answer:
Anon25 [30]3 years ago
5 0
<span>Employee participation is important because it allows for the employees to know exactly what they're being judged on and what the criteria (and consequences) are for success or failure. Setting the initial goals might not be one of the most important situations for having employees around, but it does become important when working with the employee to modify those goals into new ones.</span>
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Corristan Company purchased equipment and incurred these costs: Cash price $24,000 Sales taxes 1,200 Insurance during transit 20
galben [10]

Answer:

$25,400.

Explanation:

International Accounting Standard 16 states that any Property, Plant, and Equipment should be initially recognized at a cost that includes all the costs that are necessary to bring the asset to its working condition. Example of such costs include:

- Purchase Price.

- Delivery Charges.

- Sales Taxes Paid, if any.

- Deduct Discounts, if any.

- Installation Costs.

- Dismantling Cost.

- Any other Directly Attributable Costs.

The standard further states that any periodic cost should be written-off to Profit or Loss as incurred. Such costs include Maintenance Costs. These are the costs that are not necessary to bring the asset to its intended use.

So in this case, the cost that should be capitalized is $25,400 (24,000 + 1,200 + 200).

Note: The insurance costs of $400 has been capitalized because it was incurred for Transit Purposes and before the asset was prepared for use.

5 0
3 years ago
Suppose the Federal Reserve wants to reduce the money supply by $1 billion. Assume that the required reserves are 10 percent of
galben [10]

Answer:

In order to reduce the money supply by $1 billion, the FED needs to sell $100 million in securities.

Explanation:

The total effect on the money supply is given by: money withdrawn from the economy x money multiplier

money multiplier = 1 / required rate of return = 1 / 10% = 10

effect on the economy = -$100 million x 10 = -$1 billion

6 0
4 years ago
Kansas Enterprises purchased equipment for $78,500 on January 1, 2021. The equipment is expected to have a five-year service lif
Zepler [3.9K]

Answer:

Annual depreciation= $28,940

Explanation:

Giving the following information:

Kansas Enterprises purchased equipment for $78,500 on January 1, 2021. The equipment is expected to have a five-year service life, with a residual value of $6,150 at the end of five years.

Annual depreciation= 2*[(original cost - residual value)/estimated life (years)]

Annual depreciation= 2* [(78,500 - 6,150)/5]= $28,940

5 0
4 years ago
Under the _____, success is usually measured by how well companies achieve recruitment, promotion, and retention goals for women
Nat2105 [25]

Answer:

A, discrimination and fairness paradigm

Explanation:

Discrimination and fairness paradigm is a model for ensuring that equal opportunities, fairness, employment of underrepresented groups, etc are one of the ways of measuring the success of an organization.

Like in the question, these above classes of persons or employees are a measure of success as it tends to show or bring about the fair treatment as well as encourage diversity in the organization.

A disadvantage of the discrimination and fairness paradigm is that the diversity of the organization remains shallow or on the surface level.

Cheers.

5 0
4 years ago
Read 2 more answers
Which of the five competitive forces is influencing a passenger train line, when a new automobile manufacturer causes a reductio
FromTheMoon [43]

Hi thank you for using brainly.com

<span>The answer to this question is “availability of substitutes“. The reduction in the number of people riding trains is due to the fact that a new substitute, automobile, is available in the market.</span> <span>
Hope that helps!</span>
4 0
3 years ago
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