Multiple Choice

Ne4ueva [31]

Answer:

B. Power is proportionally spread to top, middle and first line managers

Explanation:

Decentralization is a do of the power structure in an organization or firm, in which the power or authority to make a decision is spread throughout each line or department of the firm or organization.

The main advantage of decentralization is that it allows swift decisions to be taken, and reduces unnecessary bureaucracy.

Hence, the statement that is correct of decentralization is "Power is proportionally spread to top, middle and first-line managers"

8 0

3 years ago

Ed logg is credited with the development of which of these games?

Kaylis [27]

I don't know if you have any options, but here is a list of games that Ed Logg is credited with the development of, and then based on that list you can answer your question:
Asteroids, Centipede, Gauntlet, Gauntlet II, Millipede, Rush, Rush 2: Extreme Racing USA, San Francisco Rush 2049, San Francisco Rush: Extreme Racing, and Xybots.

4 0

3 years ago

Frasquita acquired equipment from the manufacturer on 6/30/2021 and gave a noninterest-bearing note in exchange. Frasquita is ob

Sladkaya [172]

Answer:

$525,000

Explanation:

Calculation to determine what amount would it have recorded the equipment for on 6/30/2021

First step is to calculate the total interest for 10 months;

Based on the information given since the amount of $15,000 was the interest for 6 months in the year 2021 in which the note lasted for 10 months the total interest will be:

Total Interest = 10months/6months x $15,000 Total Interest=$25,000

Now let calculate 6/30/2021 Equipment

6/30/2021 Equipment=$550,000-$25,000

6/30/2021 Equipment=$525,000

Therefore what amount would it have recorded the equipment for on 6/30/2021 is $525,000

3 0

3 years ago

Choose from the option list provided the procedure the auditor could implement to test the operating effectiveness of the intern

Vesnalui [34]

Answer:

Note: Missing word (list) are attached as picture below

1. To determine that all credit sales transaction of an entity are recorded

Procedure to implement: Match pre-numbered shipping documents with entries in sales journal.

2. To detect a failure to post invoice to customer account ledger

Procedure to implement: Trace Sales invoices to account receivable subsidiary ledger

3. To detect failure to invoice a shipment

Procedure to implement: Vouch bill of lading file to approved sales invoice

4. To ensure sales orders are properly authorized

Procedure to implement: Confirm sales orders were sent to the credit department

5. To determine goods sent to customers are based only on authorised sales order

Procedure to implement: Match bill of lading file to approved sales order

6. To verify the completeness of cash receipts for cash sales at a retail outlet

Procedure to implement: Observe consistency of employee's use cash registers and tapes

7. To ensure cash receipts are deposited

Procedure to implement: Compare daily cash receipts total with bank deposits

4 0

3 years ago

Amanda Forsythe of Springfield, Missouri, must decide whether to buy or lease a car she has selected. She has negotiated a purch

geniusboy [140]

Answer:

Since the cost of financing for leasing is higher than buying, Amanda she should finance the car.

Explanation:

Solution

Buy versus Lease problem:

Now,

Buy case

The Purchase price = Gross capitalized cost = $30,000

The Down payment = $3300

The Present value of borrowing from credit union = 30,000 - 3300 = $26700

The EMI payment = $614.88,

No of months = 48, Annual percentage rate (APR) = 5%

The Monthly Percentage rate = 5%/12 = 0.4%

Then

We find future value at the end of 48 months

By applying Excel,

PV=26700, N=48, I/Y=0.4%, PMT=614.88

FV = -0.14079 which is approximate to Zero (given that EMI payment was rounded off to digit of 2 , FV has resulted slightly differ from zero)

So, at the end of four years, the car has no residual value as per the buy option.

The Finance charges of borrowing the car = Sum of all the EMI payments – principal payment

= $61488*48 - 26700 = $2924.724

The lease case

The cost reduction capital= $3300 (capitalized cost is paid by customers to decrease the rate of lease while leasing cars)

Fee disposition on the car = $350

The Residual value = $12,400

Then,

PV = $30,000 - $3300 = $26,700, EMI = $330, Number of months leased = 48

FV = Residual value – Disposition fee = $12,400 - $350 = $12,050

The cost of dollar of leasing = Sum of all the payments of EMI - payment based on principal value at the end of the lease period = 330 * 48 – (26700 – 12050) = $1190

Therefore, since the cost of financing for leasing is higher than buying, Amanda she should finance the car.

4 0

3 years ago