This is to ensure that they complete the project within the
appointed period of time as well as within the budget given to them. It also shows how effective the government is
in implementing their projects. If they
don’t do so within the period and the budget then people will question their
efficiency in completing their assignments and project within the period
prescribed.
Answer:
The appropriate journal entry to record the March purchases of shares under the employee share purchase plan are as follows:
Debit: Cash ($12 × 85%) × $50,000 = $510,000
Debit: Compensation Expense ($12 × 8%) × $50,000 = $90,000
Credit: Common Stock = $50,000
Paid in Capital – Excess of Par ($50,000 × $11) = $550,000
<h2>Knowledge worker make difference by thinking in a variety of way.</h2>
Explanation:
Rather than regular worker who do manual work / routine work / physical work, Knowledge worker are those who always thinks in variety of ways to solve complex issues, create new products and take company in a different route of success which can be achieved with ease.
The HR should play a major role in motivating knowledge workers by,
- providing flexible-timings
- Provide additional allowances
- Bonus on fixing complex issues / finding new products
- Awards & other mode of appreciation on achievement
Answer:
a. Events that will affect the income statement are :
- Part c
- Part d
b. Income statement that shows the results of Year 1 operations.
Revenue Earned $59,000
Less Expenses :
Expenses ($43,000)
Net Income / (Loss) $16,000
Explanation:
The Income Statement shows the Profit or Loss that resulted during the reporting period.
Only items of Revenue/Income and Revenue Expenditures (Expenses) are accounted for in Income Statement.
Profit or Loss = Sales <em>less</em> Expenses
Monetary policy does not require congressional approval, it is more flexible than fiscal policy. Conversely, monetary policy has a propensity to increase inflation more than fiscal policy.
A country's central bank uses a set of instruments called monetary policy to regulate the total amount of money in circulation, foster economic expansion, and implement measures like adjusting interest rates and altering bank reserve requirements.
The Federal Reserve Bank of the United States carries out a monetary policy under a twin mandate to maximise employment while containing inflation.
A nation's overall money supply is managed by monetary policy, which also aims to promote economic growth.
Interest rate changes and adjustments to bank reserve requirements are examples of monetary policy strategies.
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