Answer: Chain of command
Explanation:
The chain of command is one of the type of official organizational hierarchy in which the various types of relationship are establishing the accountability and the power for making the various types of decisions.
The chain of command is basically responsible for filing various types of issues or complaints in an organization for the employees or workers.
According to the given question, the salesperson is experiencing the issue with the chain of command as salesperson is working in the shipping department and the company's accounting department told him to turn his weekly account of the expenditure.
Therefore, Chain of command is the correct answer.
Answer:
Socially responsible
Explanation:
A socially responsible company is one that seeks to identify as well as relieve the social needs in its business environment.
A major social problem or need around the world is the lack of clean drinking water and birthing services. Thus, by proffering solutions to this problem loyal customer of TOMS shoe company could notice that the company takes seriously its responsibility to the society.
Answer:
B
Explanation:
Asymmetric information is an instance of market failure.
It is when one party to a transaction possesses greater information or knowledge than the other party. e.g. when a seller possesses greater information than the buyer or when a buyer possesses greater information than the seller.
Individuals know when they have a more healthy lifestyle while their insurers might not be privy to such information due to privacy laws
Answer:
They create the money they lend to borrowers.
Explanation:
:) Let me know if this helps!
(Are you talking about commercial banks?)
Answer:
Journal entry to record sale of toasters and warranty
Dr Cash 36,000
Cr Sales revenue 36,000
Dr Warranty expense 2,400
Cr Warranty liability 2,400
Adjusting entry for actual warranty expense
Dr Warranty liability 500
Cr Cash 500
Since the warranty covers a 5 year period, the remaining warranty expense cannot be recognized as warranty revenue yet. Only after the warranty period is over, will any money left over will be recognized as revenue.
