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ICE Princess25 [194]
3 years ago
13

Brandon assigns responsibility to a subordinate for preparing a sales presentation for an important potential client and authori

zes the necessary expenditures of money and human resources, but he still requires a dress rehearsal to be presented to him before the actual presentation. Brandon realizes that accountability cannot be
Business
2 answers:
ycow [4]3 years ago
6 0

Answer:

Brandon assigns responsibility to a subordinate for preparing a sales presentation for an important potential client and authorizes the necessary expenditures of money and human resources, but he still requires a dress rehearsal to be presented to him before the actual presentation. Brandon realizes that accountability cannot be delegated.

Aloiza [94]3 years ago
6 0

Answer:

delegated.

Explanation:

In business, to delegate means to authorize someone else to make a decision or take action on behalf of you.  

Authority can be delegated, but the responsibility and accountability for the decisions made or actions taken cannot be. By delegating authority, power is passed downward, but both the subordinate that makes the decision and the manager that empowered the subordinate are responsible for the consequences.

Generally when things turn out right, managers take most of the credit, but if things go wrong, most of the blame falls on the subordinate.

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Lea Company produces hand tools. Budgeted sales for March are 10,500 units. Beginning finished goods inventory in March is budge
victus00 [196]

Answer:

9,800 units were produced in March

Explanation:

Ending inventory is calculated by adding Beginning inventory in production for the year and deducting any items sold during the year.

The formula for Ending Inventory is as follow

Ending Finished Goods Inventory =  Beginning Finished Goods Inventory + Production in the period - Sales Made During the period

As we have the ending Inventory we need to calculate the production during March. Placing the available amounts in the formula

1,400 units =  2,100 units + Production in the period - 10,500 units

1,400 units -2,100 units + 10,500 units = Production in the period

Production in the period = 9,800 units

3 0
3 years ago
Read 2 more answers
3 true statements about recording journal entries in Quickbooks
Allushta [10]

Answer:

Explanation:

Journal entries allow you to correct inaccurate information in your accounting records or add transactions that you cannot add in other sections of the software, such as tax adjustments or depreciation expenses.

What are the 3 golden rules?

Golden Rules of Accounting

Debit the receiver, credit the giver.

Debit what comes in, credit what goes out.

Debit all expenses and losses and credit all incomes and gains.

3 0
3 years ago
A journal entry for a payment for rent expense was posted as a debit to Salaries Expense and a credit to Cash. Which of the foll
LiRa [457]

Answer:

A). The sum of the credits will equal the sum of the debits.

Explanation:

journal entry journal entry can be regarded as record of the business transactions which is made in a accountingbooks of a business.

journal entry that is documented properly will contains correct date as well as amounts to be debited and description of the transaction, it contain amount to be credited as well as a unique reference number.Note that "There is equal amount of credit as well as debit in a journal entry"

Trial balance can be regarded as report that give lists of balances of all general ledger accounts in a firm at a particular point in time, there is compilation of all ledger balance into debit as well as credit account column totals. As rule in trial balance, the total of the debit balances as well as credit balances that is been extracted from the ledger must tally with each other.

7 0
3 years ago
You purchased 100 shares of IBM common stock on margin at $130 per share. Assume the initial margin is 50%, and the maintenance
N76 [4]

Answer:

$46.43

Explanation:

Calculation for Below what stock price level would you get a margin call

First step is to calculate the Loan amount

Loan amount=(100 shares × $130 × 0.5

Loan amount= $6,500 × 0.5 = $3,250

Now let calculate Stock price level

0.30 = (100P $3,250)/100P

30 - P = 100P - $3,250

30-100P= - $3,250

-70P = -$3,250

P=$3,250/70

P = $46.43

Therefore Below what stock price level would you get a margin call will be $46.43

7 0
3 years ago
Common sense might say that a monopolist would produce more output than a competitive industry facing the same marginal costs. A
Dvinal [7]

<u>Explanation</u>:

Even though a <u>monopolist</u> usually controls the market price of the commodity it may not be producing more because a monopolist overall goal is to achieve profit maximization.

However, producing more output would not be in their best interest despite been the market maker because it will decrease the price of the goods in the market due to over supply, leading to lower profit for them.

3 0
3 years ago
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