Answer:
(a) $2,040
(b) $1,020
Explanation:
(a) Under the accrual method of accounting revenue is recognized in the month when product is delivered,
Revenue is recognized on the March income statement from this order:
= Units Delivers × Unit price
= 136 × $15
= $2,040
(b) Revenue is recognized on the April income statement from this order:
= Units Delivers × Unit price
= 68 × $15
= $1,020
Answer:
C. Prices in the country Increase
Explanation:
Inflation describes the general increase in prices in a country over time. Prices tend to rise with the increase in economic growth. A high economic growth rate implies that prices will increase at a high rate.
The Inflation rate is measured by assessing changes in the prices of products and services representing people's consumption. A rise in the inflation rate indicates a general increase in prices.
Answer: Full range leadership
Explanation:
The full range leadership model, or FRLM for short, is a theory that suggests that general leadership focuses on leaders' behaviour towards certain work situations. This model focuses on three types of styles in particular. And these are explained below.
Transformational leadership: These leaders develop and motivate their followers to achieve various success levels. This is a more long term approach. This can usually improve employee self confidence, satisfaction and increase employee commitment.
Transactional leadership: These leaders use social exchanges to lead. This refers more to transactions between leaders and followers. This style of leadership uses rewards and punishments to motivate employees to achieve their tasks successfully.
Laissez - Faire: This type of leadership translates to "let them do (what they want)", and is also known as hands - off leadership. This style is basically the absence of leadership. Employees are left to make decisions on their own and there are no fixed rules.