Answer:
The goals are not time-bound, there is no specific date as to when they should be achieved.
Explanation:
SMART goals should be:
- Specific
- Measurable
- Achievable
- Relevant
- Time-Bound: how long will it take DeJohn and his managers to accomplish their goals, e.g. six months, one year?
Answer:
The two factors that affect the organization of businesses functional activities are ;
Strategy
Technology
Environment
Explanation:
Strategy determines the approach or the course of action to direct the activities of the organization of businesses. Strategy is the innovation room where new approach to solving a problem is discovered and implemented.
Technology; the technology for manufacturing goods and services affect the organization of business functional activities.
Answer:
Cutting = $10.99 per machine hour
Finishing= $15.28 per direct labour hours.
Explanation:
The question requests the predetermined overhead rate for Cutting department and Finishing department
Step 1: What is the formula for the pre-determined overhead rate
For the Cutting Department
Predetermined Overhead rate= The total fixed manufacturing Overhead/ Total Machine Hours +Variable Manufacturing Overhead rate per machine hour.
= $390,000/$43,400) + $2
= $10.99 per machine hour
For the Finishing Department
Predetermined Overhead rate= The total fixed manufacturing Overhead/ Total Labour Hours +Variable Manufacturing Overhead rate per machine hour.
= $496,000/43,000) + $3.75
= $15.28 per direct labour hours.
Answer: Holders of convertible bonds can choose how many shares of stock to receive at conversion
Explanation:
A convertible bond is a debt security that yields the payment of interest, but can also be converted into equity shares or common stock that are predetermined.
The option that holders of convertible bonds can choose how many shares of stock to receive at conversion is wrong. This is because the number I shares that will be eventually converted will already have been fixed.
Answer: C. General agent
Explanation: A general agent is a person appointed to act on his behalf in a variety of activities such as home activities,business transactions etc this type of agent is usually contracted to do this kind of Activities especially when the person expected to carry out these sets of Activities will not be available for a given period. A general agent can be an organisation or an individual or group of persons who carry out tasks as specified by the principal.
