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djyliett [7]
3 years ago
13

The ____ principle morally requires employees to support the rules of the organization as long as the organization is just (or f

air) and employees have voluntarily accepted some benefits or opportunities in order to further their own interests.
Business
1 answer:
Elza [17]3 years ago
7 0

Answer: Fairness principle    

 

Explanation:

The fairness principle is the term which is used to refers to the action or the outcome that should be taken as the fair decision. The fairness principle basically establishing the various types of moral standards that helps in making the various types of decisions in an appropriate manner.

The fairness is characterizing on the basis of , justice and liberty and it is refers to the fair equality in terms of opportunities in an organization.

According to the given question, the fairness principle supporting the various types of fairness rules in the firm for providing the various types of benefits to the employees of an organization.

 Therefore, Fairness principle is the correct answer.

You might be interested in
Richard Inc. has been receiving complaints from its customers about the inefficiency of its customer service professionals. The
yaroslaw [1]

Answer:

Organization structure and design

Explanation:

Organization structure is when a company's mode of operations and strategies are clearly defined and translated into various functions to be carried out by units in the organization and how those units work together to achieve common objectives, while organization design which is quite broader than organization structure tells us about a company's whole process, how teams are set up and led to achieve an organization goals.

Both structure and design are often used to give directions to an organization where the desired results are not met. As in the above scenario, both the structure and the design will now be restructured and redefined such that the new employees that will be recruited must meet the criteria as set out therein hence result in operational efficiency.

6 0
3 years ago
Your accountants tell you that it costs $400 to set up an immunization program at a preschool and immunize one child against pol
Inessa05 [86]

1) cost per child  =  400

2) cost per child for these additional 20 children = 460/ 20 = $ 23

3) the average cost per child = (400 + 460)/ 21 = 860 / 21 = $ 40. 952

4) The above result show that the cost of polio vaccine is less which is only $23. But the setting up immunization program & other necessary associated works have adds up to a higher cost of $ 40. 952. This can be reduced if more nos. of children are involved in the immunization program.

Also, the cost of setting up immunization program will be same for one child or more than one. Only the cost of polio vaccine will vary when the nos. of participating will increase.

8 0
3 years ago
On January 1, year 8, Derek Co.’s defined benefit pension plan had plan assets with a fair value of $750,000, and a projected be
alexdok [17]

Answer: $27,000

Explanation:

Amortization of prior cost = (No. of employees / Total number of years left) * Unamortized prior service cost

Total number of years left:

2 employees are each expected to have 9 years remaining = 2 * 9

= 18 years

3 employees are each expected to have 6 years remaining = 3 * 6

= 18 years

4 employees are each expected to have 1 year remaining = 4 * 1

= 4 years

Total number of years = 18 + 18 + 4

= 40 years

Amortization of prior cost = (9 / 40) * 120,000

= $27,000

8 0
3 years ago
Journ Co. purchased short-term investments in available-for-sale securities at a cost of $64,000 on November 25, 2017. At Decemb
d1i1m1o1n [39]

Answer:

On December 31, 2017:

Debit: Fair value adjustment - loss = $4,400

Credit: Securities available for sale = $4,400

<u>On April 6, 2018</u>

Debit: Cash account $26,000

Debit: Loss on sale of securities $3,800

Credit: Securities available for sale $29,800

<u></u>

Explanation:

<u>On December 31, 2017:</u>

Compare the cost/carrying value of the securities with its fair value on the reporting date.

Debit: Fair value adjustment - loss = $4,400

Credit: Securities available for sale = $4,400

<u>Working of loss:</u>

Cost = $64,000

Fair value of security = $59,600

Since, fair value of security is less, therefore, it is a loss:

Amount of loss = $64,000 - $59,600

Amount of loss = $4,400

<u>On sale of securities: April 6, 2018</u>

Comparing the sale of securities with its fair value at the date of sale: on April 6, 2018.

Since sold half of the securities only:

Debit: Cash account $26,000

Debit: Loss on sale of securities $3,800

Credit: Securities available for sale $29,800

Working:

Half of the investment fair value = $59,600/2 = $29,800

5 0
3 years ago
Systematic risk is defined as: Select one: a. diversifiable risk. b. the total risk of an individual security. c. the risk uniqu
Salsk061 [2.6K]

Answer:

e. any risk that affects a large number of assets.

Explanation:

The systematic risk is the risk which is involved in the whole market or part of the market.

It is also known as non-diversifiable risk or market risk as it affects the overall market not a single stock or market

As it is a market risk so  It cannot be avoided as it is unpredictable.

Thus all other options are wrong

4 0
4 years ago
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