Complex decision often needed to be done by cutting off several corners for the most efficient decision to be enactdd.
For example, during the period when business slowed down, one of the most efficient method to maintain the level of profit is simply by cutting down excessive amount of empployees, but that action is considered unethical
Answer and Explanation:
The following shall be the performance criteria for assessing the success of faculty members in the school.
1. The first criterion is the attendance of faculty and the number of lectures that the faculty is supposed to take as compared with the number of lectures the faculty actually takes during an academic year.
2. The second criterion is to assessing of faculty based on student engagement i.e student attendance how much he or she is present in a school
3. The third criterion deals with faculty involvement with respect to mentoring and motivating them for curricular activities.
4. The fourth criterion is faculty behavior. How he or she is behaving with the management, colleagues, and students.
5. The fifth criterion is based on student performance.
By the above explanation, we can conclude that the success of faculty could be determined mainly with the faculty attendance, his or her behavior students performance, etc
Now for the standard, we recommend we have to consider the ten point scale so that we can analyze each faculty performance based on the criterion as discussed above.
And for the success of each lecture, we need to do the rating that should be a minimum of 5 out of 10 for all standards, etc
Answer:
Transaction exposure deals with cash flows already contracted for, while operating exposure deals with future cash flows that might change because of changes in exchange rates
Explanation:
Transaction exposure deals with changes in cash flow due to default of counter party in making the amount promised available to our business at the contracted time.This would necessitates looking elsewhere for short-term funding,should the default arises.
On other hands,operating exposure results from fluctuation in exchange rate.If domestic exchange rate strengthens,the local equivalence of a foreign currency receivable in future reduces,hence the shortfall is due to operating exposure.
The unearned consulting revenues are liabilities. A liability, in accounting terms, is an obligation and is found in the balance sheets of companies or businesses. When a company does transactions with other individuals or companies usually they owe amounts to creditors for the goods or services the company acquires. In another sense, a liability is a source of the company’s assets. They can also be considered as claims against the company’s assets. A liability may also include those amounts received by the company in advance of future services. Liabilities include accounts payable, notes payable, salaries payable, interest payable, bonds payable, accrued expenses payable, etc. Their normal balance is credit.
Answer: Sales for the period is $6,100
Explanation:
1. The purchases for the period was posted into a wrong account which is supply expenses.
We have to adjust that entry by:
DR: Purchases. $4,800
CR: Supplies Exp. $4,800
Being wrong posting of purchases for the period.
2. Sales for the period:
Opening inventory $3,500
Purchases. $4,800
Closing Inventory. ($2,200)
Sales. $6,100
DR: Bank $6,100
CR: Sales. $6,100
Being sales for the month of july