Answer:
c. bureaucreatic inefficiency
Explanation:
When establishing the bureaucracy, it is essential to understand that it is based on issues such as the division of labor, the hierarchy of authority, rules and norms, professional commitment, rationality, impersonality as regards the application of procedures and rules or written records. In a negative connotation, bureaucracy is understood as inefficient administration by paperwork and formalities, and the excessive influence of civil servants in public affairs.
Answer:
a. retained earnings statement, as a $630,000 addition to the beginning balance
Explanation:
Data provided in the question
Change in increase in inventory = $900,000
Income tax rate = 30%
By considering the above information, the cumulative effect is
= Change in increase in inventory - Change in increase in inventory × income tax rate
= $900,000 - $900,000 × 30%
= $900,000 - $270,000
= $630,000
This $630,000 is a addition to the beginning balance
Answer:
I.Communicates business activities
II.Identifies business activities
III.Records business activities
IV.Helps people make better decisions
Explanation:
Accounting is an information measurement system that identifies business activities, records the business transactions as they occur, in order in which they occur, communicate the result of operations to interested parties which helps all the stakeholders make informed decision.
The main goal of accounting information is to communicate the true and fair view position of the entity to people that may want to make informed judgment on the entity.
Answer:
Varga should recognize $50,000 revenue in 2018.
Explanation:
Revenue = $75,000 × 8/12 months
= $50,000
Therefore, Varga should recognize $50,000 revenue in 2018.
Strategic aliance is collaborative relationship between independent firms. Though this relationship the partnering firms do not invest in one another, which means <span>do not create an equity partnership</span>
<span>Example is when Cisco systems inc. of San Jose, California, and Tata consultancy services of Mumbai, India, entered into their strategic aliance. They both continued to develop market-ready infrastructure and network solutions for customers, but they relied on each other to provide the training and skills that one or the other might have lacked.</span>
