Answer:
The insurance expense for year 1 is $2,200.
Explanation:
The insurance expense for the year 1 is $2,200, which is for 11 months in the first year. The balance of $2,600 will be carried forward to the next year as prepaid insurance. The first entry is a debit to the Prepaid Insurance account for the sum of $4,800 and a credit to the Cash account for the same amount, in order to record the cash payment. In year 1, Insurance Expense account will be debited with $2,200 while Prepaid Insurance will be credited with the same amount, in order to record the expense.
Safety is the responsiblitiy of EVERYONE.
Answer:
c. was assassinated by an unsuccessful office seeker
Explanation:
James A. Garfield was the 20th president of USA and he was the first sitting member of congress to be elected as the president of the nation. His service was short lived only for six and a half months until his death by assassination.
He was shot dead by Charles J. Guiteau at the Baltimore and Potomac Railroad Station in Washington, D.C. and died in Elberon, New Jersey. Guiteau's motive was avenge against Garfield for an imagined political debt.
Hence the correct option is c. was assassinated by an unsuccessful office seeker.
Answer:
<u>Humanistic Management theory.</u>
Explanation:
This issue refers to the approach to humanistic management theory, which refers to the focus on the needs and values of employees.
In this approach, all members of the organization are seen not only as economic assets, but as human beings who have distinct and complex needs for tasks that have some significance for them. It is believed that when employees have their needs met, they will be more productive and consequently the organizational results will be more positive.
This theory of humanistic management, despite benefiting and motivating, can be very complex to be implemented, due to the complexity of human behavior and the relationship with ethical issues.
Answer:
b. Classical model of decision making
Explanation:
Classical model of decision making is the best method/model of decision making.
It hinges on four basic assumptions which include:
A clearly defined problem
Eliminated uncertainty
Access to full information
Rational behavior of the decision-maker.
All these parameters cover the basics that needs to be considered before any decision is taken.