Answer:
Transformational Leader
Explanation:
A transformational leader is someone who inspires and motivates employees to be innovative and create change to help achieve overall success of the business. The leader will encourage workplace ownership and independence in order to make employees feel like they are trusted and their ideas are valuable.
Instead of micromanaging, transformational leaders tend to delegate work. This is done by allowing workers to be creative, take authority, learn from mistakes and find their own solutions to problems than being told what to do.
When such mentoring and training is done, employees not only feel a sense of belongingness and trust in the workplace but are able to feel a sense of achievement, accomplishment and boost in self-esteem.
Answer:
Joel is behaving in a totally unprofessional & unethical manner
Explanation:
As assistant controller, Joel Kimmel's job specification & responsibility includes financial statement preparation & combination, putting of internal controls in place, detailed analysis & reporting of cost variance, acts as the go-between with external auditors amongst other such responsibilities.
As such, when Joel discovered the cost discrepancy during the reconciliation, it was actually his responsibility to call the bank's attention to the variance. This is something that clearly falls under his job specification & can be considered as neglect of duty. Joel's decision defeats the very purpose of bank reconciliation, which is to correct any such discrepancy & to the ensure the rectification of transactions. Most importantly, the decision Joel plans to take is very unethical & is against standard accounting practices
We can therefore, say that Joel's decision is thoroughly unethical & unprofessional
Answer:
$7,312.50
Explanation:
The computation of the depreciation expense for 2017 is shown below:
Book Value is
= Cost - Accumulated Depreciation
= $150,000 - {[($150,000 - $24,000) ÷ 12 ] × 7y}
= $150,000 - [($126,000 ÷ 12 ) × 7]
= $150,000 - ($10,500 × 7)
= $150,000 - $73,500
= $76,500
Now the depreciation expense for 2017 :
= ($76,500 - $18,000) ÷ (15 - 7) years
= $58,500 ÷ 8 years
= $7,312.50
Answer:
UC should use a data cleaning tool that includes an update on contact information and a stay in touch feature from a CRM software like Salesforce. Obsolete information, especially obsolete contact information is completely useless to the company. What's even worse is that not only is the information useless but some UC employees might even lose time trying to contact some of the non existing contacts.
Answer:
Dr. Cr.
Work in process $73,000
Manufacturing overhead $13,000
Account Payable $86,000
Explanation:
The Direct cost are those which are directly attributable to the product or service under consideration. Indirect cost are those which cannot be directly assigned to product or service cost. All the direct cost is added to the work in process account and indirect cost are included in the manufacturing overhead account.
