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hoa [83]
3 years ago
9

Management is needed in all types and sizes of organizations, at all organizational levels and in all organizational work areas,

and in all organizations, no matter where they are located. This principle is known as the ________.
Business
1 answer:
Murrr4er [49]3 years ago
5 0

Answer:

Universality of management

Explanation:

As the name suggest the management is universal that means the same technique, same procedure, policies, rules, regulations, etc are applicable in all level of the organizations i.e top, middle and lower level of management plus it also applies on the various size of the organizations and the working locations so that the efficiency and effectiveness of the task or work could be done in a smooth manner

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Select all that apply On November 1, 2019, Movers, Inc., paid $24,000 for 2 years' rent beginning on November 1 (assume rent is
Mariana [72]

Answer:

Rent expense of $2,000

Prepaid rent of $22,000

Explanation:

Since we were told that On November 1,2019 Movers Inc., paid the amount of $24,000 for a 2 years' rent which will start or begin on November 1 which means Movers' year-end financial statements as of December 31,2019 will show:

Rent expense of $2,000

Prepaid rent of $22,000

The rent expense of $2,000 is calculated as

(1÷12*$24,000)=$2,000

The prepaid rent of $22,000 is calculated as

$24,000-$2,000

$22,000

8 0
3 years ago
Growers Mart buys one hundred cases of berries from Hilltop Farms. The parties agree that the berries will be transported "F.O.B
77julia77 [94]

Answer:

Grower Mart

Explanation:

("FOB shipping point" or "FOB origin")is a term that stands for from the point of origin.  This means that the buyer incur any risk and takes delivery of  the goods once the seller ships the goods.  The supplier records it as a sale at the point of departure from its shipping dock. meaning that the purchaser pays the shipping cost from the factory or warehouse and gains ownership of the goods as soon as it leaves its point of origin.

When the term "F.O.B. Hilltop Farms" it means it is from the point of origin

6 0
3 years ago
In order to successfully carry out an acquisition, the managers at Pink Inc. prepared a list of potential target companies that
satela [25.4K]

Answer:

A- Due diligence

Explanation:

Due diligence is an investigation, audit or the review that to be performed in order to confrim the facts within the consideration. It needs the examination of the financial records prior entered into the upcoming transaction with the other party

So as per the given situation, the first option is correct

6 0
3 years ago
Trak Corporation incurred the following costs while manufacturing its bicycles. Bicycle components $100,000 Advertising expense
Furkat [3]

Answer: Please refer to Explanation

Explanation:

Bicycle components - DIRECT MATERIALS

- Needed in the production of the bicycles.

Depreciation on plant. MANUFACTURING OVERHEAD.

- Indirect expense that relates to the production plant.

Property taxes on store. PERIOD COST.

Expense related to the sales of the bicycles that must be expensed in the period incurred.

Labor costs of assembly-line workers. DIRECT LABOUR.

Main labour associated with the production of the bicycles. They are DIRECTLY involved.

Factory supplies used. MANUFACTURING OVERHEAD.

Used in the Factories but not directly related to the production of the bicycles.

Advertising expense. PERIOD COST.

It is spent in the period that it is incurred therefore it is a period cost.

Property taxes on plant. MANUFACTURING OVERHEAD. Indirect expenses that are incurred in relation to the production of bicycles.

Delivery expense. PERIOD COST.

Expensed in the period it is incurred.

Sales commissions. PERIOD COST.

Expensed in the period it is incurred.

Salaries paid to sales clerks. PERIOD COST.

Expensed in the period it is incurred.

3 0
3 years ago
The PRIMARY function of banks in the United States is to a) print money b) make banking laws c) build homes and businesses d) pr
Jobisdone [24]
Im pretty sure its D.

it sounds right
:)


5 0
3 years ago
Read 2 more answers
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