<u>When using survey feedback activities Managers analyze survey data to solve problems</u>
Explanation:
- A survey is a tool/technique adopted by management to encourage dialogue among the members of an organization.
- When the organization decide to conducts an employee survey, it is basically entering into a social contract with employees to provide feedback.
Feedback is exchanged for management consideration and action.
When employees provide information through survey, they expect that management will listen/hear their input and use the information to solve their problem.
<u>So it is appropriate to say that through survey feedback activities Managers analyze survey data to solve problems</u>
Answer:
Explanation:
Private Sector enterprises have a goal of making profit and it employs more workers who work long hours. They are run by organisations and are free from Government control. They are usually funded by individual investments.
Public Sector Enterprises are fully owned and controlled by the Government. they are controlled by the government and funded by the government. They enjoy monopoly in operation.
Answer:
Monthly service fee.
Overdraft fee.
Non-sufficient funds (NSF) fee.
ATM fee.
Paper statement fee.
Foreign transaction fee.
Account closure fee.
Explanation:
Answer:
Requirement 2
a) Net Operating Income (Loss) for year 1 under absorption costing = 110,600
b) Net Operating Income (Loss) for year 2 under absorption costing = 257,600
c) Net Operating Income (Loss) for year 1 under variable costing = 238,200
d) Net Operating Income (Loss) for year 2 under variable costing = 385,200
e) The cost of goods sold is always less under variable costing than under absorption costing.
Explanation:
a) Absorption Costing, also called full absorption costing, capture all costs associated with manufacturing a particular product, such that the direct and indirect costs, such as direct materials, direct labor, rent, and insurance, are fully accounted for using this managerial accounting method.
b) Variable Costing is a managerial accounting technique that assigns variable costs to inventory, so that all period (fixed overhead) costs are charged to expenses in the period incurred, while only direct materials, direct labor, and variable manufacturing overhead costs are assigned to inventory.
Answer:
The use of peer ratings within work groups will most likely cause healthy competition among peers as well as improving their performance. Peer rating helps to push every individual to their best and this helps the organization increase in all ramifications as well as maximize profit.
Explanation:
