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baherus [9]
3 years ago
9

Esky Corporation, a chain of retail stores, monitors 10 performance indicators that are believed to be correlated with better qu

ality service, including how quickly employees respond to queries, how well employees assist customers in shopping, whether purchases are delivered on time, and so forth. This monitoring of performance indicators by Esky Corporation is an example of:
Business
1 answer:
pentagon [3]3 years ago
7 0

Answer: Organizational control

Explanation: Organizational control refers to the ongoing monitoring of performance of employees by the managers to ensure that organizational goals are met.

In the given case, Esky corporation has set standards for performance and are monitoring and evaluating the performance on that basis.

Thus, we can conclude that this is an example of Organizational control

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Distinguish among the three methods of allocating the costs of support departments to operating departments.
ale4655 [162]

The three methods of allocating the costs of support departments to operating departments are:-

a. The direct (assignment) method ignores all services provided by one support organization to another support organization. Allocate the cost of each support department directly to the

operations department. The

b. step-down (allocation) method sequentially allocates support department costs to other his

support departments and operations departments in such a way that the

partially approves the mutual service of all support departments.

c. The Mutual (Attribution) process allocates support department costs to operations by fully authorizing the mutual services provided between all support departments.

Learn more about methods of allocating here:brainly.com/question/2986318

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7 0
1 year ago
Which of the following group of countries is more likely to lag in terms of green practices, according to the IBM study mentione
Alexxandr [17]

Answer:

Correct answer is A. North America

Explanation:

IBM environmental study report the list countries according to their responses to the green practice which indicate that North America is likely to lag in the eco-friendly activities.

4 0
3 years ago
ABC Company received $9,631 for its 5-year, 10% bonds with a total face value of $10,000. The market rate of interest was 11%. T
Anastaziya [24]

Answer:

The correct answer is Option A.

Explanation:

The effective interest rate (EIR) method is used when a bond is purchased at a discount or premium.

In the case of the question, the bond was purchased at $9,631 with a face value of $10,000. Interest expense is calculated as the bond price multiplied by the market rate, i.e. $9,631  x 11% = $1,059.41.

Therefore, ABC Company would record $1,059 on the first annual interest payment date using the effective-interest method.

5 0
3 years ago
Read 2 more answers
eBook Problem Walk-Through Byron Books Inc. recently reported $12 million of net income. Its EBIT was $28.6 million, and its tax
snow_lady [41]

Answer:

Earnings Before Tax (EBT) =  $16,000,000

Interest expense = $12,600,000

Explanation:

Earnings Before Tax (EBT) =  Net Income  / (1 - Tax Rate)

Earnings Before Tax (EBT) =  $12,000,000 / ( 1 - 0.25)

Earnings Before Tax (EBT) =  $12,000,000 / 0.75

Earnings Before Tax (EBT) =  $16,000,000

Interest expense =  Earnings Before Interest and taxes (EBIT) - Earnings Before taxes (EBT)

Interest expense = $28,600,000 - $16,000,000

Interest expense = $12,600,000

              Income Statement

Details                               Amount

EBIT                                  $28,600,000

Less: Interest expenses  <u>$12,600,000</u>

EBT                                   $16,000,000

Tax at 25%                       <u>$4,000,000</u>

Net Income                      $12,000,000

4 0
3 years ago
During the recent economic crisis, many financial managers and corporate officers have been criticized for (a) poor decisions, (
Ksju [112]
<span>During the recent financial crisis, many financial managers and corporate officers have been criticized for (c) Large salaries. This criticism is certainly justified given that most executives received exorbitant compensation despite a plunge in the value of their companies. Thus, their salaries are not justifiable as they are not serving the needs of the shareholders whose interest they should serve. </span>
7 0
3 years ago
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