Answer: an organizational relationship that links two separate businesses
Explanation: In simple words, strategic alliance refers to the business arrangement in which two parties combine their activities for attaining mutual objective but still operating as two separate and independent legal entities.
These business arrangement usually lack legal, agency or cooperate affiliated relationship. Generally such business arrangements are made by the organisation to make their processes more effective and helps the organisations in reducing their costs and risk.
Answer:
Story
Explanation:
Organizational culture includes an organization's expectations, experiences, philosophy, as well as the values that guide member behavior, and is expressed in member self-image, inner workings, interactions with the outside world, and future expectations.
So Herb Kelleher's visit that night will act as a story in the organizational culture because of the impart it had on everyone.
Answer:
Please refer to the below for Journal entries
Explanation:
The journal entries are seen below
1. Cash A/c Dr $58,523
Discount on bond payable A/c Cr $4,477
To bonds payable A/c Cr $63,000
(Being the issuance of bond that is recorded)
2. Interest expense A/c Dr $2,048
To discount payable A/c Cr $158
To cash A/c Cr $1,890
(Being the first interest payment that is recorded)
Note:
Interest expense
= $58,523 × 7% × 6 months ÷ 12
= $2,048
Cash
= $63,000 × 6% × 6 months ÷ 12
= $1,890
The distribution organizes data by recording all the values observed in a sample as well as how many times each value was observed.
Data distribution is a function that provides all possible values of a variable and also quantifies their relative frequencies (probabilities of how often they occur). Distributions are considered for all populations in which the data are spread out. Another example is a pie chart showing the percentages of different substances that make up the complete object.
We divided the distributions into two categories, depending on the type of organizes data you are using. Discrete distributions for discrete data (finite results) and continuous distributions for continuous data (infinite results).
Learn more about organizes data at
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Answer:
1. Expense recognition or Matching principle
2. Historical cost principle
3. Economic Entity principle
Explanation:
1. The expense recognition or matching principle states that each expense should be recorded whenever the revenue is recognized or whenever the expenses are recognized. As AstroTurf company recognizes the cost of goods sold when the manufacturing process is completed, the company is violating the expense recognition principle.
2. The historical cost principle states that the cost of any non-current assets (tangible or intangible) should be valued at their purchase price or cost price. However, McCloud Drug company showed the Patent as market value in the balance sheet. Hence, the company is violating the historical cost principle concept.
3. According to the economic entity principle, one of the vital underlying assumptions, the economic activity of the business should be separated from its owner or manager or chairman or all other economic entities. As Philips company paid the mortgage of its president and showed it as a miscellaneous expense of the company's income statement, they violated the economic entity principle by not separating it.
