Management is based on authority stemming from the hierarchical rank and is responsible for the overall performance of the business unit. Planning, organizing, leading, and regulating the resources of the company are all parts of management, which entails integrating the work of individuals.
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What is a leader in management?</h3>
The goal of a leader is to enable their team to develop their own leadership skills. They cultivate a group of creative and highly motivated leaders dedicated to realizing a common goal. Employers need to be managed by leaders who keep them on task and provide them structure at work.
Management is the process of accomplishing organizational objectives by effective and efficient planning, organizing, directing, and control of the organization's people, physical, financial, and informational resources. Planning, organizing, staffing, leading, and managing are the five general responsibilities that makeup management at its most basic level. These five responsibilities are a part of a corpus of guidelines and management-related beliefs.
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Answer:
The answer is:
Asset will be overstated
Net income will be overstated
Explanation:
Because of the incorrect capitalization(the process of converting or adding to a firm's asset):
1. Assets are overstated. Assets that shouldn't are added to the entire assets are added. So it's increasing the company's asset whereas it's not.
2. Net income are overstated. Because depreciation too will have to be charged for the asset that wasn't there, therefore, net asset will be overstated.
Answer:
Stated interest rate
Explanation:
The stated interest rate is the rate of interest in which the value of the cash interest that has to paid on each date of interest
The value of the cash interest paid could be determined by applying the following formula
= Face value of the securities × Stated interest rate
Therefore as per the given situation, the stated interest rate is the answer and the same is to be considered
Answer: b. shoe-leather costs
Explanation:
This is the shoe-leather cost inflation. It refers to the time and effort expended by people to ensure that they are able to avoid their cash losing too much value to inflation. Includes for instance, going to the bank multiple times because you are holding little cash on hand so it does not lose value.
It is named shoe-leather costs as a play on words because it is assumed that the time and effort put will result in walking around alot and degrading the quality of your shoes.
The purpose of a memo is to communicate directions, advice, or information.
