Answer:
TRUE
Explanation:
I got this question right on a test! Please make as brainiest!
Answer:
The entry to record this transaction will be,
Accumulated depreciation 16000
Cash 23000
Loss on disposal 1000
Machine 40000
Explanation:
The straight line method of depreciation charges a constant depreciation expense throughout the useful life of the asset. The formula to calculate depreciation expense per year under this method is,
Depreciation expense per year = (Cost - Residual value) / Estimated useful life of the asset
Depreciation expense per year = (40000 - 0) / 5 = $8000 per year
The net book value of the machine on 1 January 2016 = 40000 - (8000 * 2)
NBV = $24000
As the machine was sold for $23000, the loss on disposal will be,
Loss on disposal = 23000 - 24000 = -1000 or $1000 loss
Answer:
Foster an atmosphere of inclusivity by ignoring cultural differences.
Explanation:
When we gather a team of individuals from different cultural backgrounds to form a team that undertake tasks to create a unique product or service, its good we acknowledge that differences exist between cultures. We are not expected to assign values to such cultures, terming some as right or wrong, good or bad. Every form of cultural stereotypes or bias much be avoided.
Answer:
The correct answer is D
Explanation:
Cross- functional strategies is the term which is described as the group of the people which have different expertise but working toward the common goal.
It involve the people or individual from human resources departments, marketing, finance and operations.
Therefore, the functional strategies which are aligned properly, need coordination among the multiple functional areas and the traceable to the strategy of the business are defined by the cross- functional strategies.