Answer: <em>Individualistic culture </em>
Explanation:
Individualistic culture is referred to as the society that is mostly typified by the factors of individualism, that is computation or the prominence of the individual over an entire organization or group. The individualistic cultures are most often adjusted around oneself, being the independent body rather than identifying oneself with the group mentality.
Answer:
Clinton County would report the investments of the other governments at fair value in the investment trust funds.
Explanation:
An <u>investment trust fund is set up to maintain and control assets</u> and is usually controlled and managed by a neutral trustee.
The neutral trustee holds and manages assets on behalf of a beneficiary.
Clinton Country <u>is the trustee in this case and would therefore, report investment of other governments and </u><u>not its own investments</u><u> at fair value</u>.
Answer:
$0
Explanation:
There is a provision that if the tax received on the money with respect to the valuation of the property is more than the $14,000 the same is to be taxable
Since there is $14,000 worth so no tax collection could be made on the gift amount
If the gift amount exceeds $14,000 the same is to be taxable
So the gift tax in 2016 would be $0
Answer:Please refer to the explanation section
Explanation:
The question is incomplete, amounts of production costs like Direct Material, direct labour and Variable/Fixed manufacturing overheard were not given, we will explain the absorption cost and variable cost in detail so that the student would be able to calculate absorption cost and variable cost balances easier.
Absorption costing Method
Total Manufacturing costs are allocated to Finished goods Product. Absorption Costing method assigns or allocates the total cost of Manufacturing or total production costs to units of Finished Goods produced. each unit of finished goods thus represents total costs of production per unit or Total Manufacturing/Production cost is the Balance of Finished Goods.
Total Manufacturing/Production cost = direct labor cost + direct material cost + variable and fixed Manufacturing overheads cost.
Finished Goods Balance = Total Manufacturing/Production cost
A unit of Finished Goods = Total Manufacturing costs/units produced
Variable costing method
Variable costing method fixed manufacturing costs are treated as an expense, Variable Manufacturing costs are the only allocated to inventory. The value or Balance of inventory consist of Variable Manufacturing cost like Direct labor, Direct Material and Variable Manufacturing costs. Finished Goods Balance equals total Variable Manufacturing cost
Answer: Communication and well-developed people skills
Explanation:
Since the team comprises of workers who come from different countries, the best tool is the communication and well developed people skill.
These skills are vital when interacting and communicating with others. Since they're from different countries, communication skill is required to build a relationship with them, motivate them and achieve organizational goals.
