All categories

3 years ago

Efficiency

Business

1 answer:

Andru [333]3 years ago

6 0

Answer:

d. refers to how evenly the benefits from using resources are distributed between members of society.

Explanation:

d. refers to how evenly the benefits from using resources are distributed between members of society.

It means how evenly the benefits are distributed among the member how scarce the resources are. In other words it means how much benefits are obtained from the least resources available.

It also means to maximize the benefits with the resources available.

You might be interested in

when michelle had only three? employees, she performed most of the? records-keeping tasks herself and kept a general idea of fin

maw [93]

Answer:

Explanation:

1. The correct answer is option B.

Empowerment is nothing but power which gives the ability to act or behave appropriately in order to make appropriate decisions. Empowerment is one of the stage of being accountable. In this stage, the person takes appropriate action to complete the task. It also includes taking challenge and coping up with changing situations.

Job enlargement is the technique in which the task and scope related to a single job are increased. In this scenario, since the businesss has expanded, it is important to give more responsibilities to employees so that Michelle can focus on the financial aspects of business.

2. The correct answer is option B.

Matrix organization is nothing but the organization where the employees will have multiple reporting line and perform different roles in different functions. The advantages of matrix organization are effective usage of resources across different functions, high motivation in employees due to multiple roles and showcasing their skills in different field, improved and prompt decision making. Since unity of command involves employee being answerable to one person, so matrix structure violates the principle of unity of command.

3 0

2 years ago

Sparks Corporation has 3,000 shares of 8%, $100 par value preferred stock outstanding at December 31, 2017. At December 31, 2017

Korvikt [17]

Answer:

We can assume that Sparks Corporation is going to pay preferred stockholders first:

preferred stock dividends = $100 x 8% x 3,000 = $24,000

If the corporation doesn't owe any previous dividends to preferred stockholders, then the remaining $81,000 (= $105,000 - $24,000) should be distributed to common stockholders.

Each preferred stock will receive a $8 dividend. I don't know the amount of outstanding common stock, so it is not possible to determine how much dividend will be distributed for each common stock outstanding.

7 0

2 years ago

Which of the following statements regarding the statement of cash flows is incorrect?

hoa [83]

Answer:

B. Due to its format and level of detail, most individuals have difficulty comprehending the information reported in the statement of cash flows.

Explanation:

A financial statement is a written report that quantitatively describes a firm's financial health. Under the financial statements is a cash-flow statement, which is used to record the cash inflow and cash equivalents leaving a business firm.

Cash flow statement, also known as the statement of cash flows, contains financial information about operating, financial and investing activities.

The following statements regarding the statement of cash flows are correct;

I. The statement of cash flows presents a detailed summary of all the cash inflows and outflows, or the sources and uses of cash during the period.

II. The income statement, the statement of stockholders’ equity, and the balance sheet each present some information about the cash flows of an enterprise during a period.

III. The statement of cash flows reports the following:

(1) the cash effects of operations during a period,

(2) investing transactions,

(3) financing transactions, and

(4) the net increase or decrease in cash during the period.

3 0

2 years ago

Hercules Company purchased a computer for $3,600 on Dec 1. It is estimated that annual depreciation on the computer will be $720

masha68 [24]

Answer:

Explanation:

Depreciation : Depreciation is a decrease value of the fixed assets due to wear and tear, obsolesce, etc.

In the given question, the accumulated depreciation is $720 and the asset is purchase on Dec 1 with $3,600 value

So on the date of December 31, the adjusted value would be

= $720 × 1 ÷ 12 months

= $60

As on December 1 the asset is purchased , and we have to prepared the financial statement on December 31 . So, from December 1 to December 31, it has 1 month which is not yet recorded.

Hence, the adjusted entry would be :

Deprecation Expense A/c Dr $60

To Accumulated Depreciation A/c $60

(Being adjusted entry recorded)

8 0

3 years ago

An increase in interest rates affects aggregate demand by A. shifting the aggregate demand curve to the left, reducing real GDP

Sergio039 [100]

Answer: B. shifting the aggregate demand curve to the right, increasing real GDP and lowering the price level.

Explanation: A low interest rate increases the demand for investment as the cost of investment falls with the interest rate. Thus, a drop in the price level decreases the interest rate, which increases the demand for investment and thereby increases aggregate demand.

7 0

2 years ago