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ivann1987 [24]
3 years ago
9

1. _______ is the process of setting up business units to do specialized tasks such as marketing and accounting. Organizational

mapping Division of Labor Departmentalization
Business
1 answer:
Bogdan [553]3 years ago
5 0

Answer:

Departmentalization

Explanation:

The departmentalization refer to the framework of the organization that involves various types of departments like finance, accounting, human resource, marketing, sales and services, etc

It is important to setting up each department so that the day to day task could be accomplished with the specified time and the company could achieve its organizational objectives

Therefore, as per the given situation, the most appropriate answer is departmentalization

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Land originally purchased for $28,390 is sold for $74,057 in cash. What is the effect of the sale on the accounting equation
Elodia [21]

There is no effect on the accounting equation.

<h3>What is accounting equation?</h3>

Accounting equation is the one which states that a company's total assets are equal to the sum of its liabilities and its shareholders' equity.

Assets = owner's equity + liability

The above means that land is not depreciated, therefore assets decrease (-land) but also increase (+cash).

The elements of accounting equation are :

  • Assets
  • Liabilities
  • Shareholders' equity.

Learn more about account equation here: brainly.com/question/24401217

8 0
2 years ago
Jake serves on a committee of employees who were charged with selecting three co-workers to honor at the holiday banquet. One em
rjkz [21]

Answer:

3. How does the action I am proposing to take make me feel about myself?

Explanation:

According to Norman Vincent Peale, the following questions should be asked by Jake as he proceeds to make an ethical decision: How does the action I am proposing to take make me feel about myself?

According to Kenneth Blanchard and Norman Vincent Peale, authors of The Power of Ethical  Management, there are three questions you should ask yourself whenever you are faced with an  ethical dilemma:

1. Is it legal? Will I be violating civil law or company policy? Will I be violating the student code  of conduct?  

2. Is it balanced? Is it fair to all parties concerned both in the short-term as well as the longterm?  Does it promote win-win relationships?

<u>3. How will it make me feel about myself? Will it make me proud? Would I feel good if my  decision was published in the newspaper? Would I feel good if my family knew about it? </u>

4 0
3 years ago
Which legal form of business ownership does the government have the most control in?
kirill115 [55]

Answer:

i am not sure for the first one, but for the second its a corporation

Explanation:

there are a lot of regulations connected with corporations and the taxation of these organizations

5 0
3 years ago
Read 2 more answers
List and describe the four basic rights in the private enterprise system
Elodia [21]

Private property

competition

profits

and freedom of choice


8 0
3 years ago
Read 2 more answers
Which of the following does not allow a company to exclude a short term obligation from current liabilities? Group of answer cho
Neporo4naja [7]

Answer: Actually refinance the obligation.

Management indicated that they are going to refinance the obligation.

Have a contractual right to defer settlement of the liability for at least one year after the balance sheet date.

The liability is contractually due more than one year after the balance sheet date.

Explanation:

A current liability is an obligation payable within a year. A short term liability can be excluded from current abilities if management indicates that they are going to refinance it and show that they are capable of doing so.

Also if the company has a contractual right to defer settlement of the liability for at least one year after the balance sheet date, the short term obligation can be excluded.  The deferment means that it will be recognized in another period.

When the liability is contractually due more than one year after the balance sheet date, it stops being a current liability and becomes a non-current liability payable after a year.

3 0
3 years ago
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