1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Schach [20]
4 years ago
6

For decentralized decision making to be successful it is predicated on a belief that: Select one: a. Strict enforcement of detai

led procedures backed by rigorous managerial oversight is necessary because company personnel cannot be counted on to act wisely or keep costs to a minimum. b. Most company personnel have neither the time nor the inclination to direct and properly control the work they are performing and that they lack the knowledge and judgment to make wise decisions about how best to do their work. c. Decision making authority should be pushed to the lowest organizational level capable of making timely, informed, competent decisions. d. Lower-level managers and employees should go up the ladder of command for approval on most all strategic and operating issues of much importance.
Business
1 answer:
ExtremeBDS [4]4 years ago
7 0

Answer:

(C). Decision making authority should be pushed to the lowest organizational level capable of making timely, informed, competent decisions.

Explanation:

<u>Decentralization</u><u> involves granting decision making freedom across the various levels of an organization</u>, rather than retaining such power only for those at higher levels in the organization.

In a decentralized organization, employees at lower levels are able to make certain important decisions without first having to seek for approval from those at the top.

<em>If decentralization is to be successful, then the employees at lower levels must be competent and capable of making these important decisions on their own.</em>

You might be interested in
On January 1, 2018, Pine Company owns 40 percent (124,000 shares) of Seacrest, Inc., which it purchased several years ago for $7
elixir [45]

Answer:

A. Equity income $278,756

B. Other Comprehensive Loss ($136,400)

C. Gain on sale $37,177

Explanation:

Calculation to determine what income effects would be reported from its ownership in Seacrest

A. Calculation to determine the Equity Income In Seacrest, Inc.

EQUITY INCOME In Seacrest, Inc.

Investee income accrual—operations $310,200

$846,000 × 40% × 7/12 year $197,400

$846,000 × 32% × 5/12 year $112,800

Amortization ($34,100)

($21,700+$12,400)

$37,200 × 7/12 year $21,700

After 20 percent of stock is sold $12,400

[ (24,800 ÷ 124,000 shares): $37,200 × 80% × 5/12 year]

Recognition of unrealized gross profit

Remaining inventory—12/31/17

$16,600

Gross profit percentage on original 40%

sale($($54,000-$32,400) ÷ $54,000)

Gross profit remaining in inventory $6,640

($16,600*40%)

Ownership percentage 40%

Intra-entity gross profit recognized in 2018 $2,656

(40%*$6,640)

Equity income in Seacrest, Inc $278,756

($310,200-$34,100+$2,656)

B. Calculation to determine Other comprehensive loss—Seacrest, Inc.

OTHER COMPREHENSIVE LOSS—Seacrest, Inc.

1/1/18 to 8/1/18 ($372,000 × 40% × 7/12 year) $86,800

8/1/18 to 12/31/18 ($372,000 × 32% × 5/12 year) $49,600

Other Comprehensive Loss—Seacrest, Inc ($136,400)

($86,800+$49,600)

C. Calculation to determine Gain on Sale of Investment in Seacrest, Inc.

GAIN ON SALE OF INVESTMENT in Seacrest, Inc.

Book value—investment in Seacrest, Inc.—1/1/18

$905,200

Investee income accrual—1/1/18 – 8/1/18 $197,400

Investee other comprehensive loss 1/1/18 – 8/1/18 ($86,800)

Amortization—1/1/18 – 8/1/18 ($21,700)

Recognition of deferred profit $2,656

Investment in Seacrest book value 8/1/18 $996,756

(905,200+197,400-$86,800-$21,700+$2,656)

Percentage of investment sold 20%

(24,800 ÷ 124,000 shares)

Book value of shares being sold $199,351

(20%*996,756)

Proceeds from sale of shares $236,528

Gain on sale of 24,800 shares of Seacrest $37,177

($236,528-$199,351)

Therefore On Pine's financial statements for the year ended December 31, 2018 the income effects that would be reported from its ownership in Seacrest are:

A. Equity income $278,756

B. Other Comprehensive Loss ($136,400)

C. Gain on sale $37,177

8 0
3 years ago
Stine Inc. had 500,000 shares of common stock issued and outstanding at December 31, 2014. On July 1, 2015 an additional 500,000
SSSSS [86.1K]

Answer:

780,000

Explanation:

Calculation to determine what The number of shares to be used in computing diluted earnings per share for 2015 is.

Diluted earnings per share=(500,000* 6/12) + (1,000,000 *6/12) + [((35 – 28) ÷35) *150,000]

Diluted earnings per share=250,000+500,000+30,000

Diluted earnings per share= 780,000.

Therefore The number of shares to be used in computing diluted earnings per share for 2015 is.780,000

6 0
3 years ago
During world war i the u.s. military developed the _____ to screen millions of recruits.
hichkok12 [17]
Army Alpha and Army Beta Test
7 0
3 years ago
Read 2 more answers
Joshua runs a large manufacturing business that is listed on the stock exchange. His company made good profits in the previous f
snow_tiger [21]

Answer:

C. financing activities

Explanation:

Dividends are a part of financial flow and treated as reward for equity holders that are financing the business. Not a part of investing (A) or business operating (B) activities. There is no non-operating activities (D) as a category in Cash Flow statement.

8 0
3 years ago
Your portfolio is comprised of 40 percent of stock X, 15 percent of stock Y, and 45 percent of stock Z. Stock X has a beta of 1.
expeople1 [14]

Answer:

Portfolio beta = 0.904

Explanation:

<em>The portfolio beta is the weighted average of all the beta associated with each of the different stock making up the portfolio. The betas are weighted using the probability associated with each of the stock.  </em>

Portfolio beta = WaRa + Wb+Rb + Wn+Rn  

W- weight of the beta, R- Stock beta -  

W- Probability of the beta, R- stock beta

Note that the sum of the probability of different outcomes should equal to one. Hence, the probability of economy being normal is

Portfolio beta = (0.4 × 1.24)  + (0.15 × 1.49) +  ( 0.45 ×0.41) =0.904

Portfolio beta = 0.904

6 0
4 years ago
Other questions:
  • Tessmer Kennel uses tenant-days as its measure of activity; an animal housed in the kennel for one day is counted as one tenant-
    14·1 answer
  • Glow Co. purchased machinery on January 1, 2015, for $880,000. The straight-line method is used and useful life is estimated to
    14·1 answer
  • Adjusting entries are made to ensure that: Select one: a. expenses are recognized in the period in which they are incurred. b. r
    6·1 answer
  • An economic outcome is said to be efficient if the economy is
    5·1 answer
  • Suppose the civilian non-institutionalized working-age population is 35.9 million in in a hypothetical economy. Of these, 4.9 mi
    12·1 answer
  • For a report to focusnon the needs of tupical business readers
    15·1 answer
  • Journalise the followung transactions.
    6·1 answer
  • Shanken Corp. issued a bond with a maturity of 30 years and a semiannual coupon rate of 6 percent 4 years ago. The bond currentl
    5·1 answer
  • T/f the requirements for becoming a financial planner vary from state to state?​
    8·2 answers
  • ________________ is the degree of sound intensity or audibility.
    9·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!