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olga nikolaevna [1]
3 years ago
11

Which of the following is true of the management function of directing? Group of answer choices Directing involves determining a

nd administering appropriate rewards and recognition. Telling employees what to do and when to do it is against the principles of directing. Directing designs the map that lays the groundwork for the other managerial functions. All managers are involved in directing, but it is most important for top-level managers. Good directing does not require the implementation setting deadlines.
Business
1 answer:
Marina CMI [18]3 years ago
4 0

Answer:

Directing involves determining and administering appropriate rewards and recognition.

Explanation:

The true statement about the management function of directing is that, directing involves determining and administering appropriate rewards and recognition.

Directing can be defined as a management function which typically involves the process of instructing, motivating, guiding, supervising, controlling, counseling and overseeing the performances of the various employees working in an organization in order to successfully achieve the organization's aim, set goals and objectives.

Generally, managers or the senior executive members are the individuals who are saddled with the responsibility of directing the affairs of business and employees working in an organization through the process of developing, establishing and administering appropriate rewards such as allowance, salaries, vacations etc and recognition such as awards, promotions, training etc.

Hence, these rewards and recognition go a long way to motivate the employees to give their best at their place of work.

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On November 1, 2016, Cullumber Company places a new asset into service. The cost of the asset is $78500 with an estimated 10-yea
MrRissso [65]

Answer:

$7,000

Explanation:

Depreciation: The depreciation is an expense that shows a reduction in the value of the fixed assets due to tear and wear, obsolesce, usage, time period, etc. It is shown on the debit side of the income statement. It is a non-cash item that does not affect the cash balance.  

The computation of the depreciation expense for 2017 is shown below:

= (Original cost - residual value) ÷ (useful life)

= ($78,500 - $8,500) ÷ (10 years)

= ($70,000) ÷ (10 years)  

= $7,000

In this method, the depreciation is same for all the remaining useful life

3 0
3 years ago
Southeastern Bank organizes its loan operations based on the market served—consumer, small business, or nonprofit organizations.
bezimeni [28]

Answer:

customer group

Explanation:

Customer departmentalization is where the organization’s activities are ready to respond to and interact with specific customers or customer groups.

This organizational form is used when great emphasis is placed on effectively serving different customer types.

If Southeastern Bank organizes its loan operation based on customers group, this will allow Southeastern Bank to better serve borrowers with different needs by offering customized loan arrangements according to the customers preferences.

<u>Advantages of customer departmentalization </u>

  • Encourages concentration on customer needs.
  • Gives customers feeling that they have an understanding supplier (banker).
  • Develops expertness in the customer area.
  • Saves customers’ time.
3 0
3 years ago
Sally's Gift Baskets sells gift baskets, on average, for $125; each gift basket costs, on average, $60. Debby pays salaries each
eimsori [14]

Answer:

a. Traditional Income Statement

Sales ($125 x 140)                            $17,500

Cost of Sales ($60 x 140)               <u>($8,400)</u>

Gross Profit                                      $9,100

Salaries                                           ($1,300)

Rent                                                 ($1,000)

Sales Commission ($17,500 x 5%) <u>($875) </u>

Net income                                      <u>$5,925</u>

b. Contribution Margin Income Statement

Sales ($125 x 140)                            $17,500

Less: variable Costs

Cost of Sales ($60 x 140)               ($8,400)

Sales Commission ($17,500 x 5%) <u>($875) </u>

Contribution Margin                       $8,225

Less: Fixed Costs

Salaries                                           ($1,300)

Rent                                                 <u>($1,000)</u>

Net income                                      <u>$5,925</u>

Explanation:

a.

Traditional Income statement calculates the gross profit after deducting the cost of goods sold from the revenue. After that it deduct all the operating expenses to calculate the Net Income.

b.

Contribution margin income statement consider all the variable expenses as cost of product cost and calculates the contribution margin, after that the fixed costs are deducted calculate the net income.

5 0
4 years ago
All of the following statements related to recording warranty expense are true except: Multiple Choice Recording estimated warra
wel

Answer:

<em>Warranty expense should be recorded in the period when the warranty service is performed.</em>

Explanation:

When the product is sold, a product guarantee liability and warranty cost should be reported if it is possible that consumers may make claims under the warranty and the amount can be calculated.

Those two provisions are part of the Financial Accounting Standards Statement No. 5 of the FASB, Accounting for Contingencies.

5 0
4 years ago
Driving consists of a ______________ process that is used hundreds of times per mile traveled
abruzzese [7]

Driving consists of a <u>"decision making" </u>process that is used hundreds of times per mile traveled .


Driving a commercial vehicle requires your complete consideration since it is a decision-making process.

These decisions turn out to be second nature as an individual has all the more driving background.  

While working a commercial vehicle, the driver must settle on the right choice in a brief instant. Inability to settle on the right choice can put the motoring open and the business driver in danger of damage or demise.


6 0
3 years ago
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