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emmainna [20.7K]
3 years ago
10

Shane is the project manager of the organizational development team at Solid Hardwoods. Shane's team has been assigned the task

of studying and evaluating Solid Hardwoods' organizational structure. Shane divided the tasks among the team members to collect preliminary information on different elements of Solid Hardwoods' structure. Meg was asked to collect information on the degree to which tasks are divided into separate jobs. Andrea was asked to collect information on formal authority relationships. Francine started looking into how many employees each manager has responsibility for, and Carol was asked to collect evidence on the degree to which rules and procedures are used to standardize behaviors at Solid Hardwoods. Shane decided to personally collect information and evidence on where exactly decisions are formally made at Solid Hardwoods. The team decided to meet with information in two weeks. On which element of organizational structure is Shane collecting information?
A. formalization
B. centralization
C. span of control
D. work specialization
E. chain of command
Business
1 answer:
qaws [65]3 years ago
7 0

Answer: Option B

Explanation:  Centralization or centralization  is the mechanism by which an organization's operations, particularly those related to planning and policy-making, framing strategies and regulations, are consolidated within a specific geographic region unit and are handled by some for the individual employees within.

These employees are usually the top managers and executives working in the company and have authority to make decisions that can impact the company as a whole.

Hence from the above we can conclude that the correct option is B.

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ABC Ltd (ABC) engaged the accounting firm of Ace & King to perform its annual audit. Ace amp; King performed the audit in a
Debora [2.8K]

Answer:

The auditor is entitled to collect the audit fee and is not liable for $90 000.

Explanation:

Ace & King did their job in a competent way, the fact that the company's controller was doing something illegal is not their responsibility. External auditors work with the information that is given to them and their job is limited to analyzing them and making their conclusions about them.

In this case, the controller was the person responsible for giving the information to the auditing company, so he had the chance to direct their conclusions. An external auditor is not responsible for what happens inside a firm, and if someone steals money or assets, he/she is responsible for it.

8 0
3 years ago
In Waterway Company, Treasury Stock increased $20400 from a cash purchase, and Retained Earnings increased $80200 as a result of
Verizon [17]

Answer:

$59,900

<u />

Explanation:

<u>Cash flow from Financing activities</u>

Particulars                                                Amount

Cash paid for treasury stock                  $20,400

Cash dividends                                        <u>$39,500</u>

Net cash used by financing activities  <u>$59,900</u>

4 0
3 years ago
How can choosing the right institution help you manage money effectively?
Ratling [72]

Answer:

You may get a better job, or it may make you more responsible. The money is the main thing, you will get paid better, so you wont have to worry abt money i guess.

Explanation:

3 0
3 years ago
A corporation issued 6,200 shares of $10 par value common stock in exchange for some land with a market value of $94,000. The en
andreev551 [17]

Answer:

Debit Land $94,000; credit Common Stock $62,000; credit Paid-In Capital in Excess of Par Value, Common Stock $32,000

Explanation:

Preparation of what The entry to record this exchange is:

Debit Land $94,000

Credit Common Stock $62,000

(6,200*$10)

Credit Paid-In Capital in Excess of Par Value, Common Stock $32,000

($94,000-$62,000)

(To record exchange)

6 0
3 years ago
A job cost sheet of Sandoval Company is given below.
OLEGan [10]

Answer:

A. Direct materials-Materials requisition slips

Direct labor-Time tickets

Manufacturing overhead- Predetermined overhead rate

B. 125%

C. Total cost $7,760

Unit cost $3.104

Explanation:

1. Based on the information given the source documents for direct materials, direct labor, and manufacturing overhead costs assigned to this job are :

Direct materials-Materials requisition slips

Direct labor-Time tickets

Manufacturing overhead- Predetermined overhead rate

2. Calculation to determine the predetermined manufacturing overhead rate

Predetermined overhead rate=$550/$440*100

Predetermined overhead rate=125%

Therefore the predetermined manufacturing overhead rate is 125%

3. Calculation to determine the total cost and the unit cost of the completed job

TOTAL COST

Direct Material $4, 700

($700 + $900 + $1,600 + $1,500)

Add Direct Labor $1,360

($440 + $380 + $540)

Add Manufacturing Overhead $1,700

($550 + $475 + $675)

Total Cost $7,760

UNIT COST

Unit cost= $7,760/ 2,500

Unit cost=$3.104

Therefore the total cost is $7,760 and the unit cost of the completed job is $3.104

8 0
2 years ago
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