Answer:
b. professional bureaucracy
Explanation:
Bureaucracy refers to a kind of organizational structure which is governed by a clearly defined authority and rigid rules and regulations alongside long chain of hierarchy and reporting, which makes decision making a time consuming affair.
As per Mintzberg, professional bureaucracy is characterized by standardization of skills coupled with vertical and horizontal decentralization of responsibilities.
Such form of organizational structure allows for greater degree of autonomy and control to the professionals w.r.t their work. Such a bureaucracy recognizes the authority of professional expertise instead of the authority of hierarchy.
Such form of organizational structure is usually followed by schools, hospitals and universities wherein, the professional expertise of doctors and teachers define the authority instead of a pre existing chain of hierarchy that dictates what one is permitted to do.
Answer:
Debit notes Payable $6,900
Debit interest expense $69
Credit cash $6,969
Explanation:
The interest amount payable on maturity is $6900*6%*2/12=$69
The actual principal remains at $6900
The appropriate entries would to debit notes payable with $6,900 and interest expense with $69 while the credit of $6969 goes to cash account representing an outflow to settle the obligation.
The rationale for this is that settle of an obligation would require debit the payable account.
Answer:
1)
![\left[\begin{array}{cccccc}$department&$salaries&OASDI&HI&SUTA&FUTA\\$office&22,760&1,411.12&341.4&280&42\\$sales&65,840&4,082.08&987.6&280&42\\\end{array}\right]](https://tex.z-dn.net/?f=%5Cleft%5B%5Cbegin%7Barray%7D%7Bcccccc%7D%24department%26%24salaries%26OASDI%26HI%26SUTA%26FUTA%5C%5C%24office%2622%2C760%261%2C411.12%26341.4%26280%2642%5C%5C%24sales%2665%2C840%264%2C082.08%26987.6%26280%2642%5C%5C%5Cend%7Barray%7D%5Cright%5D)
2) payroll expense entries:
payroll expense 2063.14
Medicare payable 330.02
Social Security payable 1411.12
SUTA 280
FUTA 42
--------------------------------------------
payroll expense 5358.76
Medicare payable 954.68
Social Security payable 4082.08
SUTA 280
FUTA 42
Explanation:
We apply for each department the tax rate. Notice SUTA and FUTA have a ceilling of 7,000 so we do not apply the rate to the whole amoung but, for the 7,000 ceiling.
The two measures of instability in economic growth are high unemployment rates and inflation
