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lesya [120]
3 years ago
8

The current research on managerial skill points to four general management skills. Which of the following is NOT one of the four

skills?A) Political B) Interpersonal C) Conceptual D) Scientific
Business
1 answer:
inessss [21]3 years ago
6 0

Answer: (D) Scientific

Explanation:

  According to the given question, the current research on the concept managerial skills is very important for improving the various types of management skills in an organization.

The scientific is not the managerial skills in an organization and the following are the four general management skills are:

  • Technical skills
  • Conceptual skills
  • Political skills
  • Interpersonal skills

The managerial skills is important in an organization as it has the problem solving ability and also effectively manage the performance and the opportunity in an organization.  

 Therefore, Option (D) is correct answer.

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At year-end (December 31), Chan Company estimates its bad debts as 0.70% of its annual credit sales of $862,000. Chan records it
KiRa [710]

Answer: Please see the required journals below:

December 31:

Debit Bad debt expense                                $6,034

Credit Allowance for doubtful accounts       $6,034

February 1:

Debit Allowance for doubtful accounts              $431

Credit Accounts receivables                               $431

June 5:

Debit Cash                                                            $431

Credit Bad debt recovery (income statement)   $431

Explanation: The company estimates its bad debt expense as percentage of sales. In this case 0.7% of its annual sales of $862,000 was deemed as uncollectible, that is, 0.7% x $862,000 = $6,034. The required journals to recognize this bad debt expense is provided above. However, since there was an existing provision, which resides in the allowance account, a write-off would definitely hit that account in order to extinguish the accounts receivable portion. Upon recovery of the write-off, we cannot reinstate the receivable since it was already extinguished but we need to recognize the recovery as a gain.

3 0
3 years ago
Read 2 more answers
Is it surprising to you that a relatively small company like Sunny Delight could end up with so many different analytics tools?
shusha [124]

Answer:

See attached file

Explanation:

4 0
3 years ago
After observing the heavy snow that his town received the previous winter, Ajay Patel, an enterprising student, plans to offer a
Nesterboy [21]
Just answering for the points , sorry lol!
8 0
3 years ago
For 2020, Ms. Deming earned wages totaling $225,000.
qaws [65]

Answer:

Additional Medicare is charged on the wages that are higher than $200,000.

1. Medicare owed assuming Ms. Deming is single:

= (225,000 - 200,000) * 0.9%

= 25,000 * 0.9%

= $225

2. Medicare owed assuming Ms. Deming files a joint return with her husband.

When filed together, their wages would be considered jointly.

= ( (100,000 + 225,000) - 200,000) * 0.9%

= 125,000 * 0.9%

= $1,125

3 0
3 years ago
Ace Industries has current assets equal to $5 million. The company's current ratio is 2.0, and its quick ratio is 1.6. What is t
Travka [436]

Answer:

=1.25

Explanation:

Current ratio= current asset/ current liabilities

Current ratio= $5 million./ Current Liabilities

Cross multiply we have

But current ratio is 2.0

2= 5/ current liabilities

current liabilities= 5/2

=2.5million

Quick ratio= current Asset- inventory/current liabilities

1.5=( 5- inventory)/2.5

Cross multiply we have

1.5×2.5= ( 5- inventory)

3.75= ( 5- inventory)

inventory= 5-3.75

=1.25

Therefore, the firm's level of inventories is 1.25

7 0
2 years ago
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