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irakobra [83]
3 years ago
8

What does making a good decision mean?? How can I make a good decision?

Business
1 answer:
kherson [118]3 years ago
5 0

Answer:

A good decision is one that is made deliberately and thoughtfully, considers and includes all relevant factors, is consistent with the individual’s philosophy and values, and can be explained clearly to significant others.

Ways to make good decision:

  • Set Aside Time to Reflect on Your Mistakes
  • Stop Thinking About the Problem
  • Frame Your Problems In a Different Way
  • Identify the Risks You Take
  • Take Note of Your Overconfidence
  • Talk to Yourself Like a Trusted Friend
  • Label Your Emotions
  • Acknowledge Your Shortcuts
  • Consider the Opposite
You might be interested in
An employee time ticket is an hour-by-hour summary of the employee’s activities throughout the day. True or false?.
padilas [110]

It is true that an employee time ticket is an hour-by-hour summary of the employee’s activities throughout the day.

A time ticket is used to track the hours for which an employee will be paid in the upcoming payroll. Employees' time tickets are reviewed and approved by a supervisor at the closing of each pay period. After which the payroll team use them to calculate the hours worked by an employee. This serves as a basis for calculating gross pay.

When an employee clocks in or out, they generally put a time ticket into a time clock that are printed in an oblong, thick paper shape. Usually time tickets are physical cards that are stamped with beginning and ending times of employees work days. The payroll accountant or bookkeeper creates time tickets after the pay month has ended.

To learn more about employee time ticket here

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7 0
2 years ago
The cost constraint suggests that, even when the cost of providing accounting information exceeds its benefit, the financial acc
Alekssandra [29.7K]

Answer:

False

Explanation:

The GAAP established that when the benefits of obtaining accounting information are lower than the costs of providing that information, the information should not be provided.

For example, sometimes there are very small differences in certain accounts that don't allow a balance sheet to be balanced. If the accounting error is very small, e.g. just a few hundred dollars, then it is not reasonable to have a whole audit team check all the financial statements again to determine what caused the error. An adjusting entry could be made to close the account balances.

Imagine you are an auditor that must check the physical inventory of a factory and some boxes containing supplies are misplaced. It might take you a whole day to count again all the supplies and materials, but is it worth it? If the supplies were really expensive, probably yes, but if they were cheap components, then probably no.

3 0
3 years ago
The company achieves a cost savings of $32,000 per year by using less costly materials
navik [9.2K]

this isn't a question so unless you give me the original or whole question I'm not sure how to answer

3 0
2 years ago
Since its creation in 1944, the role of the imf in the monetary and finance structure has been to?
Sonbull [250]

The functions of the International monetary system in the financial and finance structure have been to help developing international locations address a variety of economic and financial crises / create an orderly worldwide financial gadget/assist participants with the stability of bills troubles on a short-term basis

The worldwide financial Fund (IMF) works to attain sustainable growth and prosperity for all its one hundred ninety member nations. The IMF was mounted in 1944 in the aftermath of the great despair of the Nineteen Thirties. 44 founding member international locations sought to construct a framework for global economic cooperation. nowadays, its membership embraces one hundred ninety international locations, with a workforce drawn from 150 nations.

The IMF monitors the worldwide financial system and international economic traits to perceive dangers and suggest regulations for boom and monetary stability. The Fund also undertakes an ordinary health check of the monetary and financial guidelines of its one hundred ninety member international locations.

The IMF's primary reason is to make certain the stableness of the global economic gadget—the device of change quotes and worldwide payments that allow nations and their residents to transact with every other. The IMF employs three principal functions – surveillance, financial assistance, and technical help – to sell the steadiness of the worldwide economic and monetary device.

Learn more about the International monetary system here:

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8 0
1 year ago
A machine with a cost of $130,000, accumulated depreciation of $85,000, and current year depreciation expense of $17,000 is sold
MissTica

Answer:

Option E: $40,000 - Cash from sale of Machine

Explanation:

Cash flow from Investing activities section of the cash flow statement should include cash received on the sale of property, plant & equipment, cash paid to acquire property, plant & equipment, cash paid for investments in or as loans to other companies and dividends received from any investments.

In case of sale of a Machine, $40,000 received on sale should be reported as source of cash in the cash flows from investing activities section.

3 0
3 years ago
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