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Lena [83]
3 years ago
9

Dean brings up the ambiguity branch managers at First National Bank face. He believes senior leadership needs to make the manage

rs' most important priorities clear. This thinking most closely resembles which principles?
Business
1 answer:
Setler79 [48]3 years ago
5 0

Answer:

Functional Principles

Explanation:

When it comes to proper organization in businesses, there are several principles that should be adhered to in order to achieve proper functioning. The functional principle indicates that the roles of every person in a department, be it managers or subordinates, must be properly explained to them in order to achieve smooth operations in the business.

When roles and responsibilities are properly explained, each person becomes aware of the expectations from him at every point in time. This in turn allows for efficiency in the discharge of duties. So, when Dean explains that the role of the manager should be properly explained, he is making reference to the functional principle.

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Respecting team members means agreeing with everything they think. True False
vovangra [49]

false: it means you dont have to agree with them but you have to respect their opinion

7 0
3 years ago
Read 2 more answers
Podcasts and Wikis Work for Business Podcasts and wikis are part of Web 2.0, which allows users of the web to create content. Pr
Contact [7]

Answer:

b. Project management

Explanation:

Wikis can be used to provide highly interactive environment which is necessary for the project management, as it helps to collaborate, facilitate feedback, and store the information for future use.

5 0
3 years ago
According to the liquidity premium theory of interest rates,
Andrew [12]

Answer:

C. long-term spot rates are higher than the average of current and expected future short-term rates

Explanation:

4 0
3 years ago
A company has advance subscription sales totaling $45,000 for the upcoming year when four quarterly journals will mailed to cust
riadik2000 [5.3K]

Answer:

A.

Debit Unearned Revenue $11,250

Credit Sales $11,250

Explanation:

B. It is an income for the company. Prepaid subscription is an expense for the company. Therefore, it is incorrect.

C. It is contradictory as the company already recorded the first quarter transaction. Therefore, Unearned revenue should be debit. So, it is also incorrect.

D. According to the revenue recognition, revenue is recognized when they are earned. Therefore, the company acquired the cash when the company received last year. So, it is incorrect.

E. Again, cash cannot be credit. Therefore, it is incorrect.

A is the correct answer. As, when the company received the payment, unearned revenue was credit. As the income is now recorded for the first quarter, $(45,000/4) = $11,250 of unearned revenue becomes earned. So, it is debit. Since it is a sale of a company, the sale becomes credit.

3 0
3 years ago
A company is evaluating a new 4-year project. The equipment necessary for the project will cost $3,250,000 and can be sold for $
MissTica

Answer: $615,810‬

Explanation:

The Book Value of the Asset at the end of 4 years will be;

= Cost of equipment - Accumulated Depreciation

= 3,250,000 - ( 3,250,000 * ( 20% + 32% + 19.20% + 11.52%))

= 3,250,000 - 2,688,400

= $561,600

The Equipment will be sold at $645,000 meaning a gain is made

= 645,000 - 561,600

= $83,400

Tax to be paid is;

= 83,400 * 0.35

= $29,190

After-tax salvage value of the equipment = Sales Price - Tax

= 645,000 - 29,190

= $615,810‬

5 0
2 years ago
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