Answer: Functional
Explanation: The functional structure of an organisational chart places people with similar skills who perform similar activities in a group under a common manager who answers to an executive a level up in the hierarchy who may oversee multiple departments. Therefore, an organizational chart of a company showing vice presidents with responsibility for key areas such as design, manufacturing, sales, marketing, and after-sales support would reflect a functional structure.
An advantage of the functional structure is that employees are allowed to focus their collective energies on executing their roles as a department but sometimes they might develop tunnel vision (seeing the company solely through the lens of the employee’s job function) and often at times there is a lack of inter-departmental communication.
Option C, Transactional leaders do not focus on worker input regarding assigned goals.
<u>Explanation:
</u>
Transactional leadership is an essential component of the Full Range Leadership model and a leadership style focussed on oversight, organization, and performance.
A number of senior military personnel, CEOs of large global companies and NFL trainers are regarded as transactional leaders. Transactional management also works efficiently in police agencies and first responders.
Transactional leaders use rewards and penalties to get their followers to respect them. Furthermore, transaction leaders don't care in relation to transition management for the welfare of workers they are foreign motivators that give the followers’ minimal adherence.
Examples of few transactional leaders: Vince Lombardi, Bill Gates and Howard Schultz.
Answer:
$33,641.50
Explanation:
The computation of the amount withdrawn for the year is shown below:
As we know that
Present value = Annual withdrawals × Present value of annuity factor (7.5%,25)
$375,000 = Annual withdrawals × 11.14694586
So, annual withdrawals is
= $375,000 ÷ 11.14694586
= $33,641.50
We simply applied the above formula so that the annual withdrawn could come
Answer:
$12,000
Explanation:
According to the accrual accounting method, the reporting of the transactions should be performed on an accrual basis which means whether or not the payment is paid but it is reported in the account books.
The revenue should be recorded when it is earned or realized and the expenses are recorded when it is incurred
So, in the given scenario, the amount based on accrual basis sales would be
= Goliath sold goods to customers on account + Goliath also sold goods to customers for cash
= $10,000 + $2,000
= $12,000
Answer:
$11,175,000
Explanation:
The net sales of Siena Company for the last year shall be determined through following mentioned formula:
Net sales=Gross sales-sales returns and allowances-sales discounts
In the given question:
Gross sales=$11,720,000
Sales returns and allowances=$370,000
Sales discounts=$175,000
Net sales=$11,720,000-$370,000-$175,000=$11,175,000
