<u>When using survey feedback activities Managers analyze survey data to solve problems</u>
Explanation:
- A survey is a tool/technique adopted by management to encourage dialogue among the members of an organization.
- When the organization decide to conducts an employee survey, it is basically entering into a social contract with employees to provide feedback.
Feedback is exchanged for management consideration and action.
When employees provide information through survey, they expect that management will listen/hear their input and use the information to solve their problem.
<u>So it is appropriate to say that through survey feedback activities Managers analyze survey data to solve problems</u>
Answer:
both statements are false
Explanation:
if People decide to have fewer children, there would be less demand for minivans as a result the demand curve would shift to the left.
also, if The stock market crashes lowering people’s wealth and minivans are normal goods, the demand for minivans would fall and the demand curve would shift to the left.
A leftward shift signifies a fall in demand while a rightward shift signals a rise in demand
Normal goods are goods that are goods whose demand increases when income increases and falls when income falls
Answer: The depreciation expense that will be recorded for the furniture for the first year ended December 31 is $825.
Explanation: Straight-line mwthod of depreciation is:
(Acquisition value minus salvage value) / No of years
Per the question, the acquistion value of the new furniture is $19,000 while the salvage value is $2,500. The number of years is 5 years.
Then yearly depreciation would be <u>($19,000 - $2,500) / 5 years = $3,300</u>.
Note that the furniture was purchased on September 30. To arrive at the depreciation expense that will be recorded as at December 31, you need to pro rate the yearly depreciation of $3,300.
September 30 to Decemer 31 is 3 months. <u>So the total depreciation expense will be $3,300 * 3 / 12 = $825.</u>
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Answer:
False.
Explanation:
Creating a budget is not about your wishes and hopes for what you want your income to be, but must be done by having a realistic perception of the income and expenses that each person has from month to month. In this way, you can project responsibly, avoiding incurring debts or other negative consequences.
Answer:
When ATC curve is decreasing, we know that the MC curve is
below the ATC curve, and when the ATC curve is increasing, we know that MC is above the ATC curve
Explanation:
ATC refers to average total cost and MC refers to marginal cost, these both curve derive from total cost when MC is below ATC curve it shows that MC is less than ATC at that point ATC is falling.
Likewise, when MC is above ATC curve it shows MC is grater than ATC curve and at that point ATC is rising.
furthermore, when MC is equal to ATC at that point ATC is at minimum point.
