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3 years ago

The personal secretary of a top manager may have ________.

Business

1 answer:

Gnom [1K]3 years ago

5 0

Answer:

c. power but not authority

Explanation:

The personal secretary of a top managers may have power but not authority. Personal secretray is who keep the manager updated with his personal task like meeting, travelling, schedules and documentation he has power to do all this thing but dont have authority to order anything in the office or the firm. Personal secretary's responsibilitie and duties are restricted to the manager and at that level only. She couldnot order anyone to finish the task on stipulated time or deadline.

Personal secretary's main task is to respond to her boss about his work deadline, travelling schedule, asnwering call and response them accordingly, prepare correspondence for the boss, planning and scheduling the meeting, take care of minutes and take action on points, plannig events and oraganinsing them as well, Managing project of boss etc. but his/her dutie are restricted to these work only she couldnot order.

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If a person write a check for $759 to make a payment on a loan, then the account balance would be changed as in the balance sheet of the person.

<h3>What is account balance?</h3>

An Account balance is limited as the amount of monetary system that is hold in a specific account in the bank account or in any another account.

From the given case, if a person make a payment of loan, then the account balance would be:

Assets = $36,767 ($37,526 – $759)

Liabilities = $12,086 ($12,845 -$759)

Equity = $32,500

Therefore, the balance of Equity remains unaffected by the payment of loan.

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3 years ago

The in-group represents people that interact with one another regularly on the internet. true or false

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False
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3 years ago

Read 2 more answers

The adjusting entry to account for use of supplies consists of a: Multiple Choice debit to Supplies Expense and a credit to Supp

barxatty [35]

Answer:

debit to Supplies Expense and a credit to Supplies

Explanation:

The adjusting entry to use the supplies is shown below:

Supplies expense Dr XXXXX

To Supplies XXXXX

(Being the supplies is adjusted)

For recording the adjusting journal entry, we debited the supplies expense and credited the supplies so that the proper posting could be done

Hence, the first option is correct

3 0

3 years ago

Lawrence Company applies manufacturing overhead to jobs based on machine hours used.

NikAS [45]

Answer:

Under/over applied overhead= $10,000 underallocated

Explanation:

Giving the following information:

Overhead costs are estimated to be $300,000.

The estimated machine hours are 125,000 hours.

During the year, actual overhead costs totaled $322,0000 and it incurred 130,000 machine hours.

First, we need to calculate the estimated manufacturing overhead rate:

Estimated manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Estimated manufacturing overhead rate= 300,000/125,000= $2.4 per machine hour

Now, we can allocate overhead

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base

Allocated MOH= 2.4*130,000= $312,000

Finally, we determine the under/over allocation:

Under/over applied overhead= real overhead - allocated overhead

Under/over applied overhead= 322,000 - 312,000= $10,000 underallocated

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3 years ago