Answer:
employees partake in the decision making in an organization.
Explanation:
Participative leadership is enhanced when employees are involved in the decision making of an organization, hence creating a collaborative approach towards running and managing the organization.
In participative leadership approach, all the members within a team collaborate in terms of identifying essential goals and finding a means to achieving those goals. The importance of participative leadership is that it boost the morale of employees by giving them sense of belonging.
Answer:
$200,000
Explanation:
Given that
Commission = 15% of the sales price
Sales price of the goods = $200,000
So by considering the above information, the revenue should be recognized of $200,000 as it represents the sale price of the goods i.e revenue and the same is to be recorded in the books of accounts
Therefore, the commission percentage is ignored in this case
Answer:
Many observer says it does
Explanation:
This is because certain or few group of owners would dominate the industry and also won it, they would control how new owners enter into the game
Answer:
The amount of pension expense reported for 2013 is $330,000
Explanation:
In order to calculate the amount of pension expense reported for 2013 we would have to use and calculate the following formula according to the given data:
amount of pension expense reported for 2013= $250,000 + ($2,400,000 × 0.10) - ($1,600,000 × 0.10)
amount of pension expense reported for 2013= $330,000
The amount of pension expense reported for 2013 is $330,000
