Do you think the NELK BOYS are clickbaiting sometimes?

____ is not a characteristic common to all organizations. Select one: a. Equal authority and responsibility b. Common goal or pu

Lyrx [107]

Answer: Equal Opportunity and Responsibility.

Explanation: Every successful organization share in common: a common goal they target to achieve, proper coordination, and hierarchy of authority.

In most organizations authority is NOT equal and each individual has their key roles they perform to ensure success is achieved.

There is always a leader or a team of leaders and those following their lead.

5 0

3 years ago

Financial statement analysis: Multiple Choice is primarily used to identify account values that meet the normal standards. is li

Vedmedyk [2.9K]

Answer:

The correct answer is the third option: Provides useful information that can serve as a basis for forecasting future performance.

Explanation:

To begin with, the name of "Financial Statement Analysis" refers to a process done by the managers of a company in the field of businesses that focus primarily in the observation of the financial accounts that the organizations has in order to be able to determine better decision so that they could earn better profits in the future avoiding mistakes previously done. Therefore that this type of analysis has the purpose of providing useful information for the managers so that they can establish better ways of acting and performing in the field.

5 0

2 years ago

A company normally sells its product for $20 per unit. However, the selling price has fallen to $15 per unit. This company's cur

nata0808 [166]

Answer:

$200 (a deduction)

Explanation:

The accounting standard for inventories IAS 2 requires that inventory be carried at the lower of cost or net realizable value. Inventory will initially be recognized at the cost ( which includes the cost of the item and other associated cost such as freight ). However, its carrying amount must be reviewed to ensure it is not higher than the realizable value.

Given that the selling price is now $15 which is lower than the cost of $16, it means that the amount that can be realized from the sale of a unit is $15.

= $16 - $15

= $1

As such, an adjustment in form of a reduction of the carrying amount of $1 per unit is required. The amount of the lower cost of market adjustment the company must make as a result of this decline in value

= $1 × 200 units

= $200 (a deduction)

8 0

2 years ago

Kimble Company applies overhead on the basis of machine hours. Given the following data, compute overhead applied and the under-

likoan [24]

Answer:

overhead rate $4 per machien hour

applied overhead 1,560,000

The overhead was underapplied for 15,000

entry to adjust against COGS

Cost of Goods of sold 15,000 debit

Factory overhead 15,000 credit

Explanation:

$\frac{Cost\: Of \:Manufacturing \:Overhead}{Cost \:Driver}= Overhead \:Rate$

we divide the expected overhead over the total amount of budgeted machine hours to determinate the overhead rate:

1,600,000 / 400,000 = $4 per machine hours

Actual machine hours 390,0000

applied overhead:

actual cost driver x rate per driver

390,000 x $4 = 1,560.000‬ applied overhead

Actual overhead 1,575,000

As aplies is lower, we should adjust for 15,000 difference

5 0

3 years ago

Many adults owe money from their college loans for years into their professional careers. a newspaper would like to estimate the

Sergio039 [100]

Because only young adults were sampled, undercoverage bias may cause the newspaper to overestimate the proportion of all adults who have college debts.

<h3><u>What is bias in sampling?</u></h3>

When a sample is chosen in statistics, sampling bias is a bias that causes some individuals of the target population to have a lower or greater sampling probability than others. As a result, not every person or event was equally likely to have been chosen, resulting in a biased sample of a population (or non-human variables).

If this is not taken into consideration, results may be incorrectly attributed to the sampling procedure rather than the phenomenon being studied. Although some people identify sampling bias as a distinct sort of prejudice, sampling bias is typically categorized as a subtype of selection bias, sometimes referred to as sample selection bias.

Learn more about sampling bias with the help of the given link:

brainly.com/question/11094051

#SPJ4

7 0

1 year ago