Answer:
D) functional allocation
Explanation:
These are the options for the question;
A) overriding royalty arrangement.
B) reversionary sharing arrangement.
C) carried interest.
D) functional allocation.
A sharing arrangement in which only deductible costs are apportioned to the investor, with the sponsor bearing all capitalized costs is called functional allocation.
functional allocation in management involves the act in which employee are grouped in departments according to skills possessed by them or area they specialize in, and these department are been managed by functional leader.. It is very important in business for employees to give their best during production.
Answer:
The correct answer is option e.
Explanation:
The supply in the given example is assumed to be unchanged. Supply being constant an increase in demand will cause the demand curve to shift to the right. This rightward shift in the demand curve will intersect the supply curve at a higher point. This will cause an increase in the price as well as quantity of output in the market.
So, option e is the correct answer.
Answer: Shawn is most likely a middle manager.
Middle managers are the link between the top level of executive management and the lowers levels in a management hierarchy.
Middle managers are responsible for the junior staff. They are also in charge of implementing the strategies of a company within their region and their benefits are also linked with how efficiently they implement the company’s policy.
Since Shawn is solely responsible for implementing the marketing strategies of the company in his region and also sets targets and reviews the performance of sales representatives, he is most likely a middle manager.
The free enterprise system of the United States is best described with the following statement:
It is a mixed economy with limited government intervention and a great deal of economic freedom.
Mixed economies are market-based economic systems in which government plays limited role. The economic freedom refers to the the individual freedom of consumers and producers.
Answer:
Work in process inventory ($83,000 + $32,000) $115,000
Factory overhead $19,000
To wages payable $134,000
(Being the labor is recorded)
Explanation:
The journal entry is shown below:
Work in process inventory ($83,000 + $32,000) $115,000
Factory overhead $19,000
To wages payable $134,000
(Being the labor is recorded)
For recording this we debited the work in process inventory and factory overhead and credited the wages payable so that the correct posting could be done