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MatroZZZ [7]
4 years ago
14

According to the textbook, an organization should have only one central plan that guides the organization towards its goals. In

other words, the plan should have: Accuracy Flexibility Unity Continuity Synergy
Business
1 answer:
Ainat [17]4 years ago
4 0
in other words, the plan should have Accuracy

No matter what plan you have, sometimes you have to make some adjustments in order to survive from the problems.

But whatever adjustments you made during that, it should not stray from the original central plan in order for the company to achieve its goals
You might be interested in
The market price of hamburgers in a college town increased recently, and the students in an economics class are debating the cau
agasfer [191]

Please find attached the graphs containing the requested information

The dominant cause of the increase in the price of hamburgers can be determined by the direction of change on quantity demanded: If the equilibrium quantity of hamburgers decreases, then the supply shift in the market for hamburgers must have been larger than the demand shift.

The demand curve shows the relationship between price and quantity demanded. The demand curve is negatively sloped.

The supply curve shows the relationship between price and quantity supplied. The supply curve is positively sloped.

<u>If the increase in the price of</u><u> hamburgers</u><u> is as a result of </u><u>burger joints </u><u>closing down. </u>

If burger joints closes down, the supply of hamburgers would decrease. The supply curve would shift to the left. As a result of the leftward shift of the supply curve, equilibrium price would rise and equilibrium quantity would decrease.

<u>The increase in the price of </u><u>hamburgers</u><u> is as a result of a decrease in the price of </u><u>French fries.</u>

Hamburgers and French fries are complement goods. Complement goods are goods that are consumed together. An decrease in the price of French fries would lead to an increase in the demand for hamburgers. This would lead to a rightward shift of the demand curve while the supply curve remains unchanged. As a result, both equilibrium price and quantity would increase.

If both events are partially responsible, the supply curve would shift to the left, leading to an increase in price and a decrease in quantity and the rightward shift of the demand curve would lead to an increase in equilibrium price and quantity.

If the decrease in supply is the dominant factor, there would be a decrease in equilibrium quantity.

If the increase in demand is the dominant factor, there would be an increase in equilibrium quantity.

To learn more about demand, please check: brainly.com/question/14456267?referrer=searchResults

8 0
3 years ago
Prepare the journal entries to record the following transactions on Sunland Company's books using a perpetual inventory system.
Volgvan

Answer:

a. March 2, 202x, merchandise purchased on account from Splish Brothers, credit terms 2/10, n/30

Dr Merchandise inventory 885,600

    Cr Accounts payable 885,600

b. March 6, 202x, defective/wrong merchandise returned to Splish Brothers

Dr Accounts payable 110,200

    Cr Merchandise inventory 110,200

c. March 12, 202x, paid invoice to Splish Brothers within discount term

Dr Accounts payable 775,400

    Cr Cash 759,892

    Cr Purchase discounts 15,508

purchase discount = purchase balance x 2% = $775,400 x 2% = $15,508

8 0
3 years ago
It is week 1 and there are currently 20 As in stock. We need 300 As at the start of week 5. If there are scheduled receipts plan
makkiz [27]

Answer:

An order of 40 As should be placed at the start of Week 3.

Explanation:

In the current situation, the stock level at the end of each week is as follows.

Week 1: 20

Week 2: 20

Week 3: 20 + 120 + 140

Week 4: 140 + 120 = 260

We need 300 As at the start of Week 5 which means that under the current situation, there will be a shortage of 40 As. Hence, we need to order 40 As to make up for the difference.

We are informed that A has a lead time of 2 weeks. This means that we need to order the required 40 As at the start of Week 3 in order to have them in stock by the start of Week 5. If we order any earlier, we shall incur the unnecessary cost of holding extra stock.

Hence, an order of 40 As should be placed at the start of Week 3.

5 0
3 years ago
. Which of the following is not a characteristic of the market system?
salantis [7]

Answer:

C. Government ownership of the major industries.

Explanation:

The government owning the major industries is not a characteristics of market system. The government plays a limited role instead. Government role is to ensure that the markets are open and working. It ensures equal access to information by making sure no one manipulates the markets.

Other characteristics of market system not mentioned in the question are

1. System of market and prices

2. Motive of self interest.

3 0
3 years ago
The following are transactions and events of the general fund of Sycamore Hospital, a not-for-profit entity, for the 20X6 fiscal
BigorU [14]

Answer:

1. Dr Accounts receivable 6,600,000

Cr Patient services revenue 6,600,000

2. Dr Nursing services expense 2,100,000

Dr Other professional services expense 1,280,000

Dr Fiscal services expense 230,000

Dr General services expense1,520,000

Dr Bad debts expense 138,000

Dr Administration expense250,000

Dr Depreciation expense 480,000

Cr Cash 4,794,000

Cr Allowance for uncollectibles 138,000

Cr Accumulated depreciation 480,000

Cr Accounts payable 213,000

Cr Inventory 210,000

Cr Donated services 163,000

3. Dr Patient services revenue210,000

Cr Accounts receivable210,000

4. Dr Cash 200,000

Cr Net assets released from program use restrictions 200,000

5. Dr Cash 230,000

Cr Net assets released from equipment acquisition restriction 230,000

6.Dr Cash 150,000

Cr Contributions-Unrestricted 150,000

7. Dr Cash 6,455,000

Cr Allowance for uncollectibles 65,000

Cr Accounts receivable 6,390,000

8. Dr Investment securities 90,000

Cr Unrealized holding gain on investment securities 90,000

Explanation:

Preparation of the Journal entries for Sycamore Hospital.

1. Since we were told that the company Provided a total of the amount of $6,600,000 in patient services this means that the transaction will be recorded as:

Dr Accounts receivable 6,600,000

Cr Patient services revenue 6,600,000

2. Based on the information given we were told that the company had total operating expenses of the amount of $5,998,000 which means that the transaction will be recorded as:

Dr Nursing services expense 2,100,000

Dr Other professional services expense 1,280,000

Dr Fiscal services expense 230,000

Dr General services expense1,520,000

Dr Bad debts expense 138,000

Dr Administration expense250,000

Dr Depreciation expense 480,000

Cr Cash 4,794,000

Cr Allowance for uncollectibles 138,000

Cr Accumulated depreciation 480,000

Cr Accounts payable 213,000

Cr Inventory 210,000

Cr Donated services 163,000

3. Since we were told that Allowed contractual adjustments was the amount of $210,000 which is a deductions from gross patient revenue, which means that the transaction will be recorded as:

Dr Patient services revenue210,000

Cr Accounts receivable210,000

4. Based on the information given we were told that the company received a transfer of the amount of $200,000 for the payment of approved operating costs which means that the transaction will be recorded as:

Dr Cash 200,000

Cr Net assets released from program use restrictions 200,000

5. Since the company received a transfer of the amount of $230,000 from the temporarily restricted plant fund in order to purchase new equipment for the hospital, this means that the transaction will be recorded as:

Dr Cash 230,000

Cr Net assets released from equipment acquisition restriction 230,000

6.Since the company received the amount of $150,000 of unrestricted gifts, this means that the transaction will be recorded as;

Dr Cash 150,000

Cr Contributions-Unrestricted 150,000

7. Since the company collected accounts receivable except for the amount of $65,000 which was written off, this means that the transaction will be recorded as:

Dr Cash 6,455,000

(6,390,000 +65,000)

Cr Allowance for uncollectibles 65,000

Cr Accounts receivable 6,390,000

(6,600,000-210,000)

8. Based on the information given we were told that the company reported the amount of $90,000 as an increase in the market value, this means that the transaction will be recorded as:

Dr Investment securities 90,000

Cr Unrealized holding gain on investment securities 90,000

8 0
3 years ago
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