This is an unfortunate financial situation that Martha experienced. Her car with a brown (1.body) and black roof color was stolen. She then called the police to have it blotter. The police asked her if she has (2.paid ) her loan since the bank or dealer has a right to (3. confiscate). She confessed that she was unable to pay her duties because the written language was too complicated to (4.understand). A big home-improvement loan is also (5. along) with the car loan. It's difficult for her to pay since the city is suffering from (6.financial crisis). So, she consulted a debt counselor and have the service for free and come up with the(7.options) of having a regular job or pay willingly in full. They both made up a plan that would (8.constitute) a comprehensive budget. Finally, she made a promised to pay (9.small) amount each month to companies she's indebted. They've also talked about comprehensive actions to take when she's facing a (10.similar) scenarios again.
Answer: 1. D) Assets are understated
2. D) Car dealers
Explanation:
1. The shipping costs to bring Inventory into a business are known as Carriage Inwards. This amount is to be debited with the Inventory as it is considered to be part of the cost of acquiring the inventory. By not putting this cost with the inventory, ABC is undervaluing the inventory account which is an Asset account. The Assets are therefore understated.
2. The Specific Identification Method of inventory valuation is based on each individual unit purchased or sold. It does not group items and tracks each item from the moment it is purchased to the moment it is sold so the cost of the specific inventory is known. This method is used more often by businesses that deal with easily identifiable items such as Jewellers and Car dealers because each car is big enough to be tracked individually.
1. False
2. False
3. True
4. False
5. false
6. False
7. True
8. False
9. True
10. False
Answer:
overall strategic goals and approval of major decisions.
Explanation:
A board of directors are people that are selected to make decisions that are beneficial to shareholders and to ensure that the management of the organisation acts in the best interest of shareholders.
Directors asses the performance of the management and make major decisions such as acquisitions, issuing of new shares, company liquidation, and dividend declaration.
So Arielle will be involved in approval of major decisions and attainment of business goals as a member of the board of directors.
Alisa pursues the option to reallocate the bonus money which is currently only allocated to upper management.<u> Problem solving conflict </u>handling style does this exhibit.
<h3>Problem solving conflict style:</h3>
In problem- solving mode, the individualities or groups in conflict are asked to concentrate on the problem, not on each other, and to uncover the root cause of the problem. This approach recognizes the oddity of one side being fully right and the other being fully wrong.
<h3>What's the meaning of conflict style?</h3>
Conflict is frequently best understood by examining the consequences of colorful actions at moments in time. These actions are usefully distributed according to conflict styles. Each style is a way to meet one's requirements in a disagreement but may impact other people in different ways.
Learn more about conflict style:
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