Ask question

Ask question

All categories

3 years ago

9

During the norming stage of team development, team members: try to establish a favorable role for themselves on the team. meet e

ach other for the first time. are likely to disagree about what the group should do. begin to settle into their roles as team members.

1 answer:

ExtremeBDS [4]3 years ago

6 0

During the norming stage of team development, team members: begin to settle into their roles as team members.

You might be interested in

Instructions: You may select more than one answer. Click the box with a check mark for correct answers and click to empty the bo

grigory [225]

Answer:

The correct options are as follows

Buyers will pay all of the tax.

The price of Humbugs will rise to $60.

The quantity of Humbugs demanded will not change.

Explanation:

As the question is not complete, the complete question is found online and is attached herewith.

The options given are as follows

Sellers will pay all of the tax.

Buyers will pay all of the tax.

The price of Humbugs will rise to $60.

The price of Humbugs will rise by less than $10.

The quantity of Humbugs demanded will not change.

Now option 1 is not correct as the buyer has to pay the tax not the seller.

option 2 is correct

option 3 is correct

option 4 is not correct as the initial price is $50 and the new price is to be more than $60 thus the rise is more than $10.

option 5 is correct as the demand of the hamburger will remain the same.

5 0

3 years ago

Explain what lower of cost or market means in regards to reporting merchandise inventory on the balance sheet.

Degger [83]

Answer and Explanation:

Inventory is an asset and is posted on the asset side of the balance sheet. As per accounting standards regarding inventory valuation, it can be either valued at historical cost or at market price, whichever is lower.

Historical cost is the cost at which asset was acquired. Market price is the price which would be received if the asset is replaced as on the date on which balance sheet is prepared. Inventory is valued at lower of the above mentioned costs.

4 0

3 years ago

Leno Company sells goods to the Fallon Company for $10,000. It offers credit terms of 2/10, n/30. If Fallon Company pays the i

Zinaida [17]

Answer:

Leno Company will record a debit to Cash in the amount of: D. $9,800

Explanation:

The terms of 2/10, n/30 means 2% discount for the payment within 10 days and the full amount to be paid within 30 days.

Fallon Company pays the invoice within the discount period - early enough to receive a 2% discount. The discount amount is 2% x $10,000 = $200.

On the other hand, Leno Company has to offer a 2% discount to Fallon Company. Cash amount Leno Company receives = $10,000 - 2% x $10,000 = $9,800

Leno Company will record a debit to Cash in the amount of $9,800

6 0

3 years ago

Which accurately explains how profit is calculated? A. Benefits and costs are balanced. B. Total retail sales are determined. C.

andre [41]

Answer:

Costs are subtracted from revenues.

Explanation:

As we know

Profit is calculated when the cost is subtracted from revenues.

In mathematically,

The profit = Revenues - cost

The profit which would be calculated above is shown in the debit side of the income statement.

As the income statement records all the expenses or cost incurred and all the revenues which are generated

6 0

3 years ago

The matching concept a. determines that expenses related to revenue be reported at the same time the revenue is reported b. addr

OLga [1]

Answer:

The correct answer is letter "A": determines that expenses related to revenue be reported at the same time the revenue is reported.

Explanation:

According to the matching accounting principle, during the same accounting period, the revenues and expenditures needed to generate such revenues have to be recorded. This is part of the accrual accounting method that specifies expenses and revenue must be recorded when incurred not when cash is received.

6 0

3 years ago