This is an example of employee empowerment. This is giving
employees a positive degree of independence and accountability for
decision-making on the subject of their detailed organizational tasks. It lets
decisions to be completed at the lower levels of an organization where workers
have an exclusive view of the subjects and difficulties facing the organization
at a certain level.
Answer:
C. $200,000.
Explanation:
The computation of the impairment loss is shown below:
= Book value of the machinery - fair value of machinery
- $760,000 - $560,000
= $200,000
Hence, the impairment loss is $200,000
Therefore the correct option is c.
We simply applied the above formula so that the correct value could come
And, the same is to be considered