When a business has plants located in several foreign countries, it is called a multinational company.
<u>Technical skills</u> help managers with the skills required to accomplish a specific kind of work.
<h3>Who is a manager?</h3>
A manager can be defined as an individual who has been trained to acquire and distribute resources, as well as provide guidance, support, administrative control, and supervision to the employees who are working in a business organization (company), especially by being morally upright, skillful, well behaved and promoting the business's vison, culture, and values at all times.
<h3>What are
technical skills?</h3>
Technical skills can be defined as a series of specialized knowledge, professionalism, and expertise that are required to perform or accomplish a specific kind of task and work, including the use specific tools and software applications in real world situations.
In this context, we can reasonably infer and logically deduce that <u>technical skills</u> help managers with the skills required to accomplish a specific kind of work.
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Answer:
The correct answer is letter "A": Recognizes more depreciation expense in the early years of an asset's useful life and less in the later years.
Explanation:
The accelerated depreciation method is an approach of calculating the use of an asset over time that allocates a higher value of the asset's aging during its first years since during that time the asset is more operative and allocates a smaller amount of the asset's use during later years when the asset is near its disposal. This method is used for accounting purposes. There are two main accelerated depreciation approaches: <em>the Double Declining Balance (DDB) </em>and <em>the Sum-of-the-Year-Digits (SYD).</em>
Answer:
$4,000
Explanation:
Par value of bonds = $2,000,000
Issue price of bonds = $1,960,000
Discount on bonds payable = Par value of bonds - Issue price of bonds
= 2,000,000 - 1,960,000
= $40,000
Semiannual amortization of Discount on bonds payable = Discount on bonds payable/10
= 40,000/10
= $4,000