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Strike441 [17]
3 years ago
5

Marcy is plant manager for Diversified Industries. She and the managers of four other plants report to the vice president in cha

rge of manufacturing operations. Three department managers report to Marcy. Select the incorrect statement regarding the preparation of responsibility reports.a) Marcy's administrative costs should be included on the reports of her three department managers.b)) Marcy's responsibility report should contain only summary information about the operations of the three departments in her chain of command.c) The vice president's responsibility report would contain information for Marcy's plant rolled together with that of the other four plants.d) Marcy's responsibility report should include a detailed account of the individual items for which she is personally responsible.
Business
2 answers:
Step2247 [10]3 years ago
3 0

Answer:

D.)Marcy's responsibility report should include a detailed account of the individual items for which she is personally responsible.

Explanation:

elena55 [62]3 years ago
3 0

Answer:

d) Marcy's responsibility report should include a detailed account of the individual items for which she is personally responsible.

Explanation:

Responsibility report is the report that is prepared by a manager in regards for processes that they are responsible for. In this case the 3 departments are the responsibility of Marcy.

The same is true for the other managers.

So when Marcy is preparing her responsibility report she is not reporting her own personal performance. Rather she will report the performance of the 3 departments she is supervising.

The quality of the responsibility report is a function of how well she has supervised the departments in meeting organisational goals.

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Match each of the following characteristics or scenarios with either the term negative externality or the term positive external
Nataly_w [17]

Answer:

Explanation:

negative externality (NE)

positive externality (PE)

a. Overallocation of resources: NE

b. Tammy installs a very nice front garden, raising the property values of all the other houses on her block. PE

c. Market demand curves are too far to the left (too low). NE

d. Under allocation of resources. PE

e. Water pollution from factory forces neighbors to buy water purifiers. NE

4 0
3 years ago
On 9/1/16 Johnson Corporation buys 30% of the stock in Rockford Industries for $100,000 and accounts for the investment under th
Anna007 [38]

Answer:

do nothing.

Explanation:

Under the equity method, Johnson's investment in Rockford industries will only vary when Rockford distributes dividends (which reduces the investment amount) or when they earnings or losses. Johnson will recognize 30% f Rockford's earnings as income from is investment, and will also recognize 30% of Rockford's losses as a decrease in its investment (loss). The equity method is not based on stock price.

6 0
3 years ago
The threat of direct competition tends to be high whenAnswers: there are few firms in an industry and these firms tend to be une
Natasha2012 [34]

Answer:

When firms are unable to differentiate their products

Explanation:

Direct competition is also known as perfect competition which occurs when two or more firms produce and sell the commodities that are not in anyway different. This makes the buyers not have preference for any of the product as the commodities are largely the same.

However, when firms can differentiate their products, they now more in perfect competition but now in indirect competition or monopolistically competitive market. Indirect competition therefore occurs when firms sell differentiated products which are not really the same because they are branded but these products can provide the same satisfaction to the need of the consumer.

Therefore, the threat of direct competition tends to be high when when firms are unable to differentiate their products.

I wish you the best.

7 0
3 years ago
Glenda opened a tax accounting business where she works with small businesses to manage their finances and prepare their records
pav-90 [236]

Answer:

making a profit

Explanation:

Profit making refers to the operations in which an individual or an organisation tries to sell their output in access of their production cost . In simple words, every individual that starts a business initiates it with the primary objective of  earning income from those activities.    

It is seen as the main incentive as no business could stand in the market without making sufficient profits for running and expanding their operations in the long and short run.

Thus, from the above we can conclude that the correct option is D.

3 0
3 years ago
How to do a balance sheet?
inna [77]
Balance sheet is a statement of all your assets, liabilities, and your capital.

List down all your assets, liabilities, and capital or equity.

Total Assets = Total Liabilities + Owner's Equity

Total Assets include: land, buildings, inventory, cash, account receivables, etc.

Total Liabilities include: accounts payable, notes payable, allowance for depreciation, etc.

Owner's equity: capital/stocks, withdrawal, additional capital, etc.
3 0
3 years ago
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