All categories

3 years ago

The real purpose of the company's strategic vision:

Business

1 answer:

Lilit [14]3 years ago

4 0

Answer:

e. serves as management's tool for giving the organization a sense of direction.

Explanation:

The real purpose of the company's strategic vision is to serves as management's tool for giving the organization a sense of direction.

You might be interested in

Romain Surgical Hospital uses the direct method to allocate service department costs to operating departments. The hospital has

xenn [34]

Answer:

Romain Surgical Hospital

The total Surgery Department cost after service department allocations is closest to:

$ 565,970

Explanation:

a) Data and Calculations:

Service Department Operating Department

Information Technology Administration Surgery Recovery

Departmental costs $ 36,294 $ 36,282 $ 522,320 $ 720,360

Computer workstations 43 20 74 64

Employees 39 25 94 47

Information Technology costs allocated based on the Computer workstations $36,294/138 = $263 per workstation

Administration costs allocated based on the number of employees:

$36,282/141 = $257.32

Direct Allocation of Service Departments' Costs:

Service Department Operating Department

Information Technology Administration Surgery Recovery

Departmental costs $ 36,294 $ 36,282 $ 522,320 $ 720,360

Information Techn. (36,294) 0 19,462 16,832

Administration 0 (36,282) 24,188 12,094

Total costs 0 0 $ 565,970 $ 749,286

8 0

3 years ago

On March 14, Zest Co. accepted a 120-day, 6% note in the amount of $5,000 from AZC Co., a customer. On the due date of the note,

egoroff_w [7]

Answer:

Note = $5,000

Interest rate = 6%

Time period = 120 days

The journal entry is as follows:

On July 12,

Account receivable A/c Dr. $5,100

To Notes receivable $5,000

To Interest revenue $100

(To record note dishonor)

Workings:

Interest revenue = $5,000 × 0.06 × (120÷360)

= $100

4 0

4 years ago

A firm uses the chase strategy of aggregate planning. It produced 1000 units in the last period. Demand in the next period is es

Maksim231197 [3]

Option E is correct.

<u>Explanation:</u>

Case strategy focuses on to produce only such amount of goods that is ordered by the customers. In the chase strategy of aggregate planning, demand and capacity are matched for every period, one by one. In the given problem, since the firm is using the chase strategy, it would first match demand and capacity for the next period.

Since the demand for the next period is 1100 units, and the firm produced 1000 units in the last period, it would require more workers to cater to the additional requirement of 100 units.

By hiring workers, the firm would be able to match the demand and supply for the next period.

4 0

3 years ago

Joseph is reviewing secondary data his company collected about seasonal variations in consumer spending because he is thinking a

Yanka [14]

Answer:

The advantages of using secondary data are several, but its main advantage is that it is the cheapest way to gather large sets of information. A lot of secondary data is available on the internet, so it is time saving. Using secondary data saves work, efforts and money.

We can also use secondary data to determine more specifically which primary data we need to gather, again saving resources.

7 0

3 years ago

John Hernandez is 24 years old and has saved enough money to fund an adequate emergency fund. In addition, he has saved $5,600 t

Romashka-Z-Leto [24]

It would be GROWTH, so the most important factor for him would be growth.

3 0

3 years ago