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3 years ago

Many employees get a reality shock on their first day at work because ____.

Business

1 answer:

Sedbober [7]3 years ago

3 0

Answer:

C. newcomers test how well their preemployment expectations fit reality and many companies fail this test.

Explanation:

The reason why many employees are shocked by reality on the first day of work is that pre-employment expectations are adjusted to reality and often the job does not meet the expectations that have been created.

To reduce this phenomenon, it is ideal that new employees have realistic expectations about the company and the function they will perform, taking their doubts through research and interviewing the recruiter, having a more realistic view of what they can find at work and managing your expectations.

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Why might one firm have positive cash flows and be headed for financial trouble?

Katena32 [7]

A cash flow statement merely describes the net change in a company's cash flow in investment, operational, and financial activities at a given period in time. As such, a bad debt in the company's portfolio cannot be reflected correctly in the cash flow statement. A company can also result to selling products at a much lower prices than it purchased them. While this is reflected in the cash flow statement, it does not translate into overall profitability of the concerned company.

6 0

3 years ago

13.. Francisco leased equipment from Julio on December 31, 2021. The lease is a 10-year lease with annual payments of $150,000 d

tatuchka [14]

Answer:

$800,239.40

Explanation:

Calculation for the balance in Francisco lease liability at December 31, 2022

First step is to find the Liability for the year end 31st December 2021

Using this formula

Liability as on 31st December 2021=Initial Value of the Liability - Annual Payment

Let plug in the formula

31st December 2021 Liability =$1,013,854-$150,000

Liability as of 31st December 2021=$863,854

Second step is to find Interest for the Year 2022

Interest =$863,854×10%

Interest =$86,385.40

Third step is to less the interest amount from the Annual payment

Annual Payment $150,000- Interest $86,385.40

=$63,614.60

Last step is to find the balance in the lease liability at December 31, 2022

Lease liability balance = $863,854 -$63,614.60

Lease liability balance=$800,239.40

Therefore What should be the balance in Francisco lease liability at December 31, 2022 will be $800,239.40

5 0

3 years ago

An auditor has determined a $10 million materiality level for a client's balance sheet and a $3 million materiality level for th

Andreyy89

Answer:

D. $ 3 million or more

Explanation:

Since the minimum materiality amount on individual basis is $3 million for client's income statement.

Therefore, whether it is on individually or collectively identified that there is misstatement of at least $3 Million the auditor will consider it material.

They will notify appropriate authorities regarding the misstatement.

5 0

3 years ago

Read 2 more answers

The area of accounting that serves the decision-making needs of internal users is referred to as (managerial/financial/research)

zepelin [54]

Answer: Managerial Accounting

Explanation:

Managerial accounting refers to the preparation of reports and analysis from the company's accounting information to enable managers decide the ways to go with a company.

This type of accounting is for internal use and so is not subject to the kind of scrutiny that financial accounting gets from accounting bodies such as IASB and the FASB.

An example would be the Supply Manager may ask for a report to be made showing them the increase in supply costs for the past decade from their preferred supplier to enable them make a decision on if to find a new supplier.

5 0

3 years ago

While it may not be possible to make the receiver happy when you deliver bad news, you can reduce bad feelings by structuring yo

OlgaM077 [116]

Answer:

Care and concerned use A) Unnderstanding
open to bad news C) When it may benefit them or somebody else
Candidate interview... C) close with good wishes D) Buffer the opening
Forgot to turn in report .... B) Accept responsibility of the mistake D) Apologize with sincerity
Bakery customer ... A) Defensive remark B) freebie or promotional discount C) a statement of company policy regarding refund
It provides no explanantion. A) It makes a promise that might br difficult to keep

Explanation:

To make somebody feel cared you must show understanding of his/her problems.
People are open to bad news if you present them with facts and tell about the best possible outcome for everyone
Reject a candidat with good wishes and providing feedback on his/her application.
When you make a mistake accept responsibility and apologize with sincerity. You must try to suggest an alternative to make up for your mistake
Defend your product with a remark that would gain understanding of the customer. Adhere to the company policy and offer something to make the customer happy
The letter doesn't mention any reason for not being able to make exceptions. A promise is made that might be difficult to keep as different people may have different expectations for "bigger bonus checks"

7 0

3 years ago