Answer:
False
Explanation:
Usually employer don't consider wages or fixation of salaries in ethical perspective. More often wages and salaries are associated with the education, experience, skills etc of the employees. Employees with higher qualification, most relevant job experience, updated jobs skills etc have the right for promotion and can claim higher salaries from the organization. In fact, employer should consider minimum wage rate, market competitive salaries in order to ensure fulfillment of their basic needs.
Ethically, the organization should not make profit by cutting down the wages of the labors.
This kind of mental structure is called a script.
The same term is used in the movie and theater industry - actors receive a script which will tell them exactly what they need to do. The same thing goes here - Jenna knows that the people working in the restaurant will behave as if they had a script to follow.
Answer:
any contract that gives rise to a financial asset of one entity and a financial liability or equity instrument of another entity.
Explanation:
IFRS is an acronym for International Financial Reporting Standards, it comprises of a set of accounting standards or rules issued by the International Accounting Standards Board (IASB). The International Financial Reporting Standards ensures that statement of income, when reported by accountants is consistent, transparent and comparable globall
IAS 32 defines a financial instrument as any contract that gives rise to a financial asset of one entity and a financial liability or equity instrument of another entity.
Answer:
$235,000
Explanation:
The computation fo the safety margin is shown below:
As we know that
Margin of safety = Expected sales - break even sales
where,
Expected sales is
= 29,000 units × $50
= $1,450,000
And, the break even sales is
= Fixed cost ÷ contribution margin per unit
= $486,000 ÷ ($50 - $50 × 0.60)
= $486,000 ÷ $20
= 24,300 units
And, the selling price is $50
So the break even sales is
= 24,300 units × $50
= $1,215,000
So, the safety margin is
= $1,450,000 - $1,215,000
= $235,000
Setting standards, measuring performance, and comparing performance to standards are the parts of controlling.
Control is a management function that aids in error detection and the implementation of corrective measures. This is done to reduce departure from standards and make that the organization's stated goals are met in the desired way.
Controlling is a management function that aids in obtaining desired results from employees at all organizational levels, including managers and subordinates. The managing function aids in tracking advancement toward corporate objectives, identifies deviations, and suggests necessary remedial action.
Learn more about controlling here
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