As a management function, organizing involves:
- developing organization structure;
- designing individual jobs.
Therefore, the option D holds true.
<h3>What is the significance of management functions?</h3>
The management functions were proposed by Henry Fayol, and can be referred to or considered as the essential functions for efficient functioning of a business organization.
Organizing is the second management function. It is performed after the planning function has been accomplished successfully by the organization to develop its structures in order to designate jobs.
Therefore, the option D holds true and states regarding the significance of management functions.
Learn more about management functions here:
brainly.com/question/15351742
#SPJ1
Answer:
C) The chronological context
Explanation:
Chronological context refers to time related factors that affects affects communication. The effect could be favourable or unfavourable.
In this scenario because Andy had worked for a long time and he feels he is hard working, he feels he deserves a pay raise.
His need for a pay raise is time based. It is initiated by his length of service in the company. So this is a chronological context in which a time based factor affects communication between Andy and Anna.
Answer: 3.39
Explanation: Current ratio can be defined as a liquidity ratio which is used by the accountants the evaluate the ability of the company to pay its short term obligations. It can be computed as follows :-
where,
current assets = $38,500 + $100,000 + $90,500 + $126,000 + $13,100 = $368,100
current liabilities = $108,400
now putting the values into equation we get :-
= 3.39
Answer:
Gross profit is a required income statement entry that reflects total revenue minus cost of goods sold (COGS). Gross profit is a company's profit before operating expenses, interest payments and taxes. Gross profit is also known as gross margin
FIFO stands for First In First Out and LIFO stands for Last In First Out.
Answer: LIFO produces more favorable cash flow because LIFO PRODUCES LOWER INCOME TAX EXPENSE.
During inflation, LIFO approach is adopted for tax benefits. With the rise in prices, LIFO produces higher cost of sold amounts of goods.
