Answer:
Option C) Decrease in Total Assets , and No Effect on Equity
Explanation:
Telephone bill it's a Current Liability , if you decide to pay it as soon as you receive it you have to use Cash which is part of your Current Asset, so the impact it's a decreased in your Current Assets through the Cash component.
This movement has no impact in the Sotckholder Equity.
Answer:
B. A local cable company.
Explanation:
Since, Damon often identifies causes of problems with telecommunication equipment. The company that is most likely to be his employer is a local cable company.
Answer:
The effectiveness of any decision making process can only be evaluated after the decision was made and depending on the results. The unstructured decision making process is carried out when there is no other apparent alternative that can work. The problem with this type of solutions is that they are new and untested, which means that there is the possibility of being a great choice or a great mistake.
In Ch2M's case, the unstructured decision making process included the whole website team because they it was a way of distributing responsibilities in case the decision wasn't the best.
That is the problem with this type of process, the person that makes the decision will be held responsible for the results and the whole process is actually new, but necessary since there is no other alternative. Personally, I believe that this type of decision process should be taken only as a last resort.