Following are the three levels of interconnectedness that affect organizational structure:
<h3>
What is the Parsons Thompson model?</h3>
The three layers or levels of the Parson and Thompson model describe what occurs in the enterprise and how a process or activity serves a particular goal.
Here is a summary of Thompson's levels of interdependence:
- In order to create a team where each member contributes to the total, there are three types of interdependence that can be used.
In a business school, the degree of connection between the departments of finance and marketing is:
- Structure of Reciprocal Interdependence.
There are various coordination techniques that might be applied to manage the interdependence, including:
- complete cooperation
- extensive preparation
- Mutual apprehension
We must demonstrate the many layers of interconnectedness and how they might be applied in diverse systems, such as a business school's finance or marketing department, in order to answer the issue.
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Answer:
a. net income= understated, retained earnings= understated
Explanation:
In accounting and auditing it is established that ending inventory and net income moves in the same direction when it comes to being overstated or understated. That implies that if <u>ending inventory is understated</u>, then cost of goods sold will be overstated by the same amount, and when costs are overstated it finally leads to <u>net income and gross profit being understated.</u>
Furthermore, since it is the net income that will be added to retained earnings thereafter, it implies that the lesser the net income the lesser will be retained earnings. Hence, understatement of ending inventory is understatement of net income and also retained earnings.
Answer:
c. progressive tax
Explanation:
Progressive tax can be regarded as one of the tax structure whereby the tax payer that receive higher incomes in the state pay a higher share of taxes from the income they made, which is different from those that receive Lower income. It is a tax system whereby when there is increase in tax rate then the taxable amount increases too. It should be noted that the tax structured where people with the same income pay the same percentage of their income in taxes is reffered to as progressive tax. wealth/property tax is one of the example of progressive tax.
Answer:
a. costs of production Pulping: 165000 conversion: 159000
b. Cost per equivalent unit Pulping: 0.65 conversion: 0.20
c. cost of units completed and transferred out: Pulping: 102050 conversion: 31400 Total: 133450
d. Cost of reconciliation:
Cost of beginning in process inventory (4800 + 500) = 5300
Costs added to production during the period (102450 + 31800) =134250
