Answer:
Management by exception.
Explanation: It is a management style in business that focuses only on dealing with cases that are beyond the norm or exceptional, It is a good strategy in project management.
The main purpose of this management style is to bring to the notice of the management only important situations that shows variation to the business out.
Advantages of Management by exception.
• It help employees to adopt their own approach to achieve results thereby serving as a motivation to them.
• It helps the management to make good use of their time.
Answer: <em>Continuum of long-term care
</em>
Explanation:
The continuum of long term care mostly includes several levels of personal care and health care service that are available. It is normally referred to as the levels of housing, health care and supportive services that are available to an individual in a given area or locality. These are also referred to as the complete range of the long-term care applications that tends to increases in level of complexity and acuity from one point to other.
Answer:
$119,400
Explanation:
The computation of the net income that should be distributed to Emmett is as follows:
<u>Particulars Emmett Sierra Total</u>
Net income $200,000
Salary $48,000 ($48,000)
Balance left $152,000
Interest at 8% $2,000 $11,200 ($13,200)
($25,000 × 8%) ($140,000 × 8%)
Balance left $138,800
Balance allocation $69,400 $69,400
Share of profit $119,400 $80,600
Answer:
Dr Retained earnings $14,000
Cr Inventory $14,000
Explanation:
There is a need to make adjustment to the inventory . Therefore,
Adjusted inventory
= New method of $171,000 - Old method of $185,000
= $14,000 decrease
It is to be noted that a lower inventory will have high costs associated with goods sold hence reduces profit/net income for the previous year by $14,000.
Also, the net income reports to retained earnings account hence decreases retained earnings.
Having made the above adjustment, we can assume that the average cost method was used for 2020 books.
<span>This is behavioral segmentation. The company is looking at how the consumers' behaviors are affected by the use of the products. They are also looking at what the customers are looking for in terms of results of the product and how it will benefit their lives.</span>
