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ch4aika [34]
3 years ago
9

Scott is a manager at a large electronics company. His primary role within the organization is to plan for the "people needs" of

the business, and then attract, develop and retain an effective workforce. Scott is involved in _____ management. production human resource (HR) marketing and sales strategic
Business
1 answer:
Alla [95]3 years ago
7 0

Answer: Human resource

Explanation:

Human resources management consist of the employees that are responsible for the recruitment, screening, conducting interviews and placing workers in an organization.

Human resources also handle employee relations, benefits, payroll, and training. It is the role of the human resources department to plan, coordinate and direct the administrative functions of a company. With the example mentioned in the question, Scott is involved in human resource management.

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a1. Lobo Company purchased equipment for $40,000 with a useful life of five years and no expected salvage value. Prepare the adj
Pavel [41]

Answer:

a1. Dr Depreciation Expense $8,000

Cr Accumulated Depreciation $8,000

a2. $24,000

b2. December 31

Dr Wages Expenses $440

Cr Wages payable $440

Explanation:

a1. Preparation of the adjusting entry for the first year using the straight-line depreciation method.

Dr Depreciation Expense $8,000

Cr Accumulated Depreciation $8,000

($40,000/5 years)

a2. Computation of the book value at the end of the second year of the equipment's life.

First step is to calculate the First year Book value

First year Book value=$40,000/5 years

First year Book value=$8,000

Second step is to calculate the Second year Book value

Second year Book value=($40,000+$40,000)/5 years

Second year Book value=$80,000/5 years

Second year Book value=$16,000

Now let compute the book value at the end of the second year of the equipment's life.

Book value at the end of the second year=$8,000+$16,000

Book value at the end of the second year=$24,000

Therefore the Book value at the end of the second year will be $24,000

b1. Preparation of the adjusting entry on December 31

December 31

Dr Wages Expenses $440

Cr Wages payable $440

($2,200/5 years)

3 0
3 years ago
The ________ stage of the new-product process assesses the total "business fit" of the proposed new product with the company's m
borishaifa [10]

Answer:

Business analysis

Explanation:

The business analysis refers to the analysis of the business i.e whether the product is profitable or not it contains the attributes that the company want and the consumer wants. It should be done with the help of marketing strategy and research by their taste and preference. Is this product fits with the company mission and objectives or not

So the given situation represents the business analysis stage

5 0
3 years ago
As little as _______ percent of privately owned businesses ever move from the start-up stage to the success stage.
melomori [17]
The answer is D: 6% of these businesses
8 0
3 years ago
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belka [17]

Answer and Explanation:

The journal entries are shown below:

1. Accounts receivable a/c Dr $1,840

            To Sales revenue a/c Cr  $1,840

(Being the sales is recorded)

2. Cost of goods sold a/c Dr $1,170

                  To Inventory a/c Cr $1,170

(Being the cost of goods sold is recorded)

3. Cash a/c Dr $1,840

          To Accounts receivable a/c Cr $1,840

(Being the payment received is recorded)

Only these three entries are recorded

3 0
4 years ago
Identify each of the following as relating to the control environment, control procedures, or information and communication:
Verizon [17]

Answer and Explanation:

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Company's compliance reports are confidential accounting information.

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Proofing and monitoring controls ensure company is achieving its target.

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