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GarryVolchara [31]
3 years ago
13

EFT, Inc. wants to empower and engage its employees. They have several teams consisting of highly skilled employees and no one p

erson on these teams has a specifically assigned position. Instead, employees lead each other as the occasion arises so there is no formal hierarchy or organizational chart. This type of leadership is most effective when:a. there is an internally competitive culture b. when formal authority is distributed properly c. coworkers maintain separate work area and do not involve themselves with others workd. employees have fear of failure e. there is a learning orientation culture
Business
1 answer:
atroni [7]3 years ago
8 0

Answer:

Explanation:

This type of leadership is most effective when

(A) there is an internally competitive culture.

If the workers are used to competition among themselves, this might be unhealthy. It will be wise to not attach any specific position to any worker. Let the skills of every employee have equal probability of showing and let there be leaders as occasion demands.

This type of leadership is also most effective when

(D) employees have fear of failure.

If employees have fear of failure when given tasks individually, this method of leadership will be useful. Employees will mix with another and combine their skills, in order to complete company tasks

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All of the following statements regarding management accounting's role in assigning decision-making authority are true except: M
Olin [163]

Answer:

All statements are TRUE except Option "A"

Explanation:

Accounting control history is used for policy-making objectives, and historical information is redundant.

  • Managerial accounting is used for short-and long-term decision making that involve overall financial health. It helps businesses make administrative decisions–meaning to help increase the efficiency and productivity of the business–while also helping to make long-term investment decisions.

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3 years ago
On December 31, 2020, Ayayai Co. performed environmental consulting services for Hayduke Co. Hayduke was short of cash, and Ayay
Fiesta28 [93]

Answer:

Ed Abbey Co. (Ayayai Co.)

Journal Entries:

1. December 31, 2020:

Debit Accounts receivable $296,600

Credit Consulting revenue $296,600

To record consulting services performed on account.

December 31, 2020:

Debit Notes receivable $296,600

Credit Accounts receivable $296,600

To record the acceptance of notes.

December 31, 2021:

Debit Interest receivable $35,592

Credit Interest revenue $35,592

To accrue interest on notes receivable.

December 31, 2022:

Debit Interest receivable $35,592

Credit  Interest revenue $35,592

To accrue interest on notes receivable.

Debit Cash $367,784

Credit Notes receivable $296,600

Credit Interest receivable $35,592

To record the full settlement of principal and interests.

Explanation:

a) Data and Analysis:

December 31, 2020: Accounts receivable $296,600 Consulting revenue $296,600

December 31, 2020: Notes receivable $296,600 Accounts receivable $296,600

December 31, 2021:

Interest receivable $35,592 Interest revenue $35,592

December 31, 2022:

Interest receivable $35,592 Interest revenue $35,592

Cash $332,192 Notes receivable $296,600 Interest receivable $35,592

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