Assembling a project team and assigning their responsibilities are done during the project initiation phase of project management.
Project management is an important part of achieving an objective, and is relevant in all spheres, from businesses, to social work, to sports, and education. Projects have a definite time frame for completion and therefore a lifecycle. There are distinct phases in executing a project.
The first phase is the project initiation phase. Here, decisions on the need and significance of the project are taken. Feasibility, viability, and practicality are important. The project charter is drawn up, targets are set, and responsibilities are allocated.
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Nurse is an example of that
The type of organizational learning that involves a formal approach to familiarize a new staff member with the organization's values and policies is <u>B. employee orientation</u>.
<h3>What is organizational learning?</h3>
Organizational learning involves the process of gaining experience and creating knowledge for organizational improvement.
Organizational learning enables employees to:
- Share insights
- Brainstorm together
- Solve problems
- Improve performance.
Thus, familiarizing new staff members with the organization's values and policies involves <u>employee orientation</u>, not employee mentorship, training, or development.
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It should be noted that corporate officers have the implied power to bind the firm in matters directly connected to its business.
<h3>Who are corporate officers?</h3>
corporate officers serves as those workers in a company or an organization who are seen as officials and they have allocated duties and responsibilities .
These officers posses the power to bind the firm in matters directly connected to its business.
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Answer:
a. Income Tax Expense (Dr.) $298,000
Deferred Tax (Dr.) $30,000
Income Tax Payable (Cr.) $328,000
Explanation:
b. Income Tax expense (Dr.) $30,000
Allowance to reduce deferred tax value to NRV (Cr.) $30,000
Income tax payable is calculated based on tax rate of 40%.
$820,000 * 40% = $382,000
