Answer:
Suppose a manager at the Post-it Brand has recently become aware that employees are taking office supplies home and taking longer coffee and lunch breaks than the personnel policy allows. The manager finds these are widespread practices and wants to solve the problem. The best way to do this would be to:
Send a memo for a meeting after which the rules and regulations would be read to every staff members. After then, penalty for every offense would be read to everyone as well and none-compliance would lead to sanction or dismiss. This would allow all staff members to be aware of both penalties and offense not to be committed.
Explanation:
Answer:
On Joker's separate balance sheet equipment amount would appear
= $470,000
On Velway consolidated balance sheet equipment amount would appear
= $970,000
Explanation:
Given:
Velway Book value of the equipment = $500,000
Velway Fair value of the equipment = $640,000
Joker book value of the equipment = $400,000
Joker Fair value of the equipment = $470,000
Now,
On Joker's separate balance sheet equipment amount would appear
= Fair value of equipment
= $470,000
And,
On Velway consolidated balance sheet equipment amount would appear as
= Book value of equipment of Velway + Fair value of equipment of joker
= $500,000 + $470,000
= $970,000
Answer:
B. net income serves as the best indicator for the hardto measure longrun operational performance
Explanation:
The balanced scorecard (BSC) defines the strategic planning and management system. The organizations use balance score card for aligning day to day work so that it came to know that the work should be done on the strategy made also at the same time the measurement and monitoring id to be done towards the strategic targets
So according to the situation, the option b is correct
Answer:
Dear Management
Classifying costs in an essential part of the management of a business. Classifying costs help us identify more accurately where the money that the firm is spending is going, and this also allows us to identify what costs to raise or to cut.
Costs can be classified according to their nature: labor costs or material costs.
They can also be classified according to their traceability: direct costs (can be traced back to the final product), or indirect costs (cannot be traced back to the final product).
They can also be classified according to their behaviour: variable costs, mixed costs, and fixed costs.
And, they can be classified according to their function: production costs, commercial costs, administrative costs, and so on.
As can be seen, the classifications are numerous, and very important, and any well-run company makes use of these classifications in order to improve the performance of the business.
