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3 years ago

Which is an attribute of an effective organiation structure?

Business

1 answer:

timofeeve [1]3 years ago

7 0

Answer:

Attributes of an effective organization structure are given below.

1. An effective organizational structure facilitates attainment of objectives through proper coordination of all activities

2. In a effective organizational structure, the conflicts between individuals over jurisdiction are kept to a minimum

3. It eliminates overlapping and duplication of work.

4. It decreases likelihood of runarounds

5. It facilitates promotions of personnel

6. It aids in wage and salary administration

7. Communication is easier at all levels of organizational hierarchy

8. A well-structured organization provides a sound basis for effective planning

9. It results in increased cooperation and a sense of pride among members of the organization

10. It encourages creativity

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Making decisions often involves financial and nonfinancial factors. Provide a hypothetical example from your personal life of a

zheka24 [161]

Answer:

Yes, it is very much true that making decisions often involve both financial and non-financial factors. There are some situations in life where we have to consider both of them in order to make a valid or correct decision. For example, when we are buying a laptop, we will definitely consider its price and other specifications like, hard drive space, ram, but we will also consider its style, design and color as well not only price. In another case, when we have to choose between three jobs. One job offers $10000 per month in New York city, while other is offering $15000 in London and third one in China offering $18000. I love to live in New York city which is quite near to my hometown as well but it is offering me the less salary as compared to the other 2 options, I have to do a trade-off here. I will go for opting New York's job in $10000, I will not considering money factor here because I will be more comfortable in this city as many of my family members and friends live here, hence, sometimes both financial and non-financial factors matter when we have to make a decision.

4 0

3 years ago

Montgomery Industries spent $700,000 in 2017 on a construction project to build a library. Montgomery also capitalized $35,000 o

slavikrds [6]

Answer:

The Completed lost of Library is

Explanation: $1224880

Solution

Given that:

Amount Period Average expenditure

Accumulated

expenditure Jan 1 735000 9/9 735000

Feb. 28 99000 7/9 77000

Apr. 30 189000 5/9 105000

Jul. 1 45000 3/9 15000

Sept. 30 73000 0 0

Average Accumulated

expenditure 1141000 932000

Interest to be capitalized = 932000*12%*9/12= $83880

The Completed lost of Library = 1141000+83880= $1224880

8 0

3 years ago

Question 14 of 20 :

Bumek [7]

B handle all aspects of exporting..

8 0

4 years ago

The purpose of the FDIC is to...

sveta [45]

Guarantees your money is available when you need it

6 0

4 years ago

For the year ended December 31, 2021, Fidelity Engineering reported pretax accounting income of $978,000. Selected information f

olchik [2.2K]

Answer:

1. Income tax payable for 2021 = (Pretax accounting income - Interest income on municipal governmental bonds - Depreciation + (Warranty expense reported - Actual Warranty) ) * Income Tax rate

= (978,000 - 32,000 - 58,000 + (26,000 - 10,000)) * 25%

= $226,000

Income tax expense for 2021 = (Pretax Income - Interest income on municipal governmental bonds) * 25%

= (978,000 - 32,000) * 25%

= $236,500

Deferred tax asset - Warranty

= (Warranty expense reported - Actual Warranty) * Income Tax rate

= (26,000 - 10,000)) * 25%

= $4,000

Deferred Tax liability

= Depreciation * Income Tax rate

= 58,000 * 25%

= $14,500

Journal entry

DR Income Tax Expense $236,500

Deferred Tax Asset $4,000

CR Income Tax Payable $226,000

Differed Tax liability $14.50

2. Net Income

= Pretax Accounting Income - Income tax expense

= 978,000 - 236,500

= $741,500

7 0

3 years ago