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Nataliya [291]
3 years ago
10

The store managers of Chimbake, a chain of bakeries, are allowed to come up with new dessert flavors of their choice as long as

they do not fall short of the company's quality standards. They are also allowed to come up with effective marketing strategies based on their respective market requirements. In the context of organizational authority, which of the following is best illustrated in this scenario?A) Centralization of authorityB) Decentralization of authorityC) Staff authorityD) Concentrated authority
Business
1 answer:
bekas [8.4K]3 years ago
6 0

Answer:

B) Decentralization of authority

Explanation:

Based on the scenario being described it can be said that the concept that is best illustrated in this scenario would be a decentralization of authority. This is the process in which authority is moved to the lower level managers within an organization. Which is what is happening in Chimbake, since they have given the store managers full authority to control and create the dessert flavors as they see fit.

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If a business entity entered into certain related party transactions, it would be required to disclose all of the following info
Nitella [24]

Answer:

A. the nature of any future transactions planned between the parties and the terms involved

Explanation:

If a business entity entered into certain related party transactions, it would be required to disclose details such as the dollar amount of the transactions for each of the periods for which an income statement is presented,amounts due from or to related parties as of the date of each balance sheet presented,nature of the relationship between the parties to the transactions.

These options are related with the current transactions involved between the two parties.

It will however be wrong and unethical to disclose the nature of any future transactions planned between the parties and the terms involved.

7 0
4 years ago
The Federal Reserve manages the nation’s currency and money supply by manipulating interest rates and acting as a lender to bank
Tomtit [17]

Answer: Setting interest rates and acting as a lender to banks

Explanation: The Fed or the Federal reserve is a central banking authority in any nation. It is responsible for maintaining the money supply in the economy. Some of the functions performed by the central bank are,

a. Setting interest rates and acting as a lender to banks

b. Print currency notes and coins

c. Setting the repo and the reverse repo rates

d. Clearing inter bank payments.

Therefore, the correct option is Setting interest rates and acting as a lender to banks.

5 0
4 years ago
Read 2 more answers
When a remedy at law (i.e., money damages) is fully sufficient to bring justice, equitable remedies are permitted?
Ivanshal [37]
<span>When a court determines that the solution to a case can be satisfied with money damages, that is considered fully sufficient and no other action is taken against a defendant. This is because paying off money damages is considered to be satisfying the contract and makes the case and complaint therein null and void.</span>
7 0
4 years ago
A review of the ledger of Blossom Company at December 31, 2022, produces these data pertaining to the preparation of annual adju
AVprozaik [17]

Answer:

insurance expense 11,986 debit

   prepaid insurance     11,986 credit

unearned revenue    84,000 debit

       rent revenue           84,000 credit

interest expense 1,800 debit

    interest payable   1,800 credit

salaries expense 2,000 debit

    salaries payable    2,000 credit

Explanation:

<u>expired insurance</u>

Policy B4564 adjustment:

15,510 / 36 months x 12 months = 5,170

Plicy A2958 adjusment:

10,224 / 18 months x 12 months = 6,816

Total insurance expense: 11,986

<u>earned revenue:</u>

monthly rent x accrued month x number of lease

$5,000 x 2 months x 5 lease = 50,000

$8,500 x 1 months  x 4 lease = 34,000

total 84,000

<u>interest calculations:</u>

principal x rate x time

120,000 x 9% x 2/12 = 1,800

<u>salaries accrued:</u>

5 employees x 700 each x 2/5 days =  1,400

3 employees x 500 each x 2/5 days =    600

Total accrued wages: 2,000

8 0
3 years ago
A registered representative tells the following to all of his customers: "I am aggressive in my approach; and frequently recomme
jasenka [17]

Answer:

D. the registered representative has failed to disclose the remuneration received from each transaction, as required under industry rules.

Explanation:

This is the only statement that does not apply to this situation accurately. It is clear from these lines that the registered representative is most likely churning his accounts. Moreover, the representative is making prohibited performance guarantees to customers. Finally, the representative appears to disregard the fact that suitability needs to be determined for each customer.

7 0
3 years ago
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