1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
amm1812
3 years ago
5

All large firms maintain complete and detailed organization charts because it is important to maintain a clear line of authority

.
True/False
Business
1 answer:
NeX [460]3 years ago
3 0

Answer:

The statement is: True.

Explanation:

Large firms acre characterized by having huge numbers of employees. In those scenarios, it is vital to have a detailed organization chart so workers can identify what their function is in the company and who they can talk to in the case inconveniences arise.

You might be interested in
why it is so difficult to compare unemployment rates in the United States with unemployment rates in poorer countries?
GenaCL600 [577]

Answer: unemployment rate depends solely on the size of labor force and every country has different labor force sizes.

Explanation: https://coursepivot.com/tutor-answers/which-of-the-following-helps-explain-why-it-is-so-difficult-to-compare-unemployment-rates-in-the-united-states-with-unemployment-rates-in-poorer-countriesselect-the-correct-answer-below/#:~:text=Cross-country%20comparisons%20of%20unemployment%20rates%20is%20difficult%20to,and%20every%20country%20has%20different%20labor%20force%20sizes.

4 0
3 years ago
Four roommates are planning to spend the weekend in their dorm room watching old movies, and they are debating how many to watch
netineya [11]
More to the question?
4 0
3 years ago
What are some reasons why the budget deficit and non budgeted spending have been adding more than $500 billion to the national d
bogdanovich [222]
There are numerous reasons, things like war, immigration, increased poverty, or things like unpredictable natural disasters. When a hurricane strikes and destroys entire cities and housing it has to be fixed quickly and that is spending that was not planned since you can't expect things like that. Wars often cost much more than what was planned because bad things happen and they need to be fixed. Immigration can lead to an increase in social welfare spending since not all immigrants find a job quickly and establish themselves in the society.
6 0
3 years ago
Determine the maturity date and compute interest for each note. (Use 360 days a year. Do not round intermediate calculations.) N
Alinara [238K]

Explanation:

The determination of the maturity date and the interest for each notes is as follows

Contract date    Maturity Month Maturity Date   Interest expenses

March 19                  May                         18                           $280

May 11                      August                     9                            $660

October 20             December               4                             $105

For March 19, the interest expense calculation is

= $28000 × 6% × 60 days ÷ 360 days

= $280  

For May 11, the interest expense calculation is

= $33,000 × 8% × 90 days ÷ 360 days

= $660

For October 20, the interest expense calculation is

= $21000 × 4% × 45 days ÷ 360 days

= $105                                                        

5 0
3 years ago
Express the balance sheets in common-size percents. (Do not round intermediate calculations and round your final percentage answ
ArbitrLikvidat [17]

Answer:

SIMON COMPANY'S YEAR END BALANCE SHEET

AT DECEMBER 31                Current    1 yr ago    2 yrs ago

cash                   6.1%  8.1% 9.90%

Accounts receivables  16.6% 14.1% 13.2%

inventory           21.5% 18.9% 14.6%

prepaid expense   1.8%         2.1%  1.1%

plant asset           54.0% 56.8% 61.2%

Total Asset         100.0% 100.0% 100.0%

     

Liabilities and Equity      

Accounts payable   24.4% 17.1% 13.2%

Notes payable   18.6% 23.0% 22.5%

common stock   28.5% 33.1% 40.5%

Retained earnings   28.5% 26.9% 23.8%

total                    100.0% 100.0% 100.0%

2) The change in % of accounts receivables is unfavorable because this means that our Debtors are not paying instead are continuing to buy on credit and that our collection methods are weak and ineffective.

3) The % change in inventory is unfavorable because it means we are selling less stock as years goes by and that we are buying more than we are selling.

Explanation:

6 0
3 years ago
Other questions:
  • A company opting to boost its sales of branded footwear by offering buyers 500 models/styles to choose from should consider redu
    14·1 answer
  • Inflation is a decrease in the average price level in the economy.
    9·1 answer
  • Thirty-one days before filing a petition in bankruptcy, Gavin transfers property and makes payments that favor one creditor over
    9·2 answers
  • At the beginning of the year, a company's balance sheet reported the following balances: Total Assets = $225,000; Total Liabilit
    10·1 answer
  • promissory note received from a customer in exchange for an account receivable is recorded by the payee as
    11·1 answer
  • Each day, Tasty Tortilla Company incurs total costs of $8,000 to process flour into tortillas. The company can then sell the tor
    5·1 answer
  • Why Estonia is so highly technologically advanced country?​
    9·1 answer
  • An American helicopter manufacturer contracted with a foreign hospital located in a severely war-torn region to sell five helico
    14·1 answer
  • Accountants include ________ costs as part of a firm's costs, while economists include ________ costs. Group of answer choices i
    6·1 answer
  • 1. Analyze financial statements. 2. Transfer journal entries to ledger 3. Prepare the financial statements. 4. Record transactio
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!