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worty [1.4K]
3 years ago
14

An analyst in the corporate finance department at chase manhattan bank has been assigned to an interdepartmental project involvi

ng a major client. he must report to two different supervisors⎯the project manager and the manager of his department. this sort of organizational structure is called a ____ structure.
Business
1 answer:
g100num [7]3 years ago
5 0
Answer: dual reporting

Explanation:
In a dual reporting structure (also called a multi-faceted reporting structure), two departments or organizations work synonymously under a corporate entity.
An individual whose skills fit under both organizations would, therefore, report to two supervisors in each of the two departments while working on a project. 
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Novak Corp. provides security services. Selected transactions for Novak Corp. are presented below. Oct. 1 Issued common stock in
enot [183]

Answer:

The attached shows the journal entries in respect of Novark Corp. transactions for the month of October.

Every transaction has two impacts-debit and credit

Explanation:

Journal is a book of prime entry where transactions that cannot be posted to other books of original entry are treated.

Journal entry also observes the duality concept of accounting where each transaction in two accounts,for every debit,there is corresponding credit and vice versa.

Journal can also  be used to correct errors made while posting to books of account.

Download xlsx
7 0
4 years ago
Which is an activity associated with accounting?
notsponge [240]

The activity associated with accounting is Summarizing and interpreting company financial information.

<h3>What is accounting?</h3>

The process of logging and compiling financial and economic transactions, then examining, confirming, and reporting the findings is called accounting.

Accounting is significant because it preserves a systematic record of the financial data for the company. Users can compare current financial information to past data by using records that are up to date.

Administration accounting and financial accounting are two important branches of accounting that help in different sectors.

Learn more about accounting, here:

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8 0
1 year ago
In a short-run model of a large open economy with a floating exchange rate, net capital outflow ______ as the domestic interest
balandron [24]

Answer:

1. decreases

2. decrease

Explanation:

When Domestic interest rate increases, as a result of floating exchange rate, the net capital outflow decreases which in turn leads to most goods to be used internally, instead of exporting it abroad, there by reducing the level of exports.

Hence, All things being equal, it is assumed or believed that, In a short-run model of a large open economy with a floating exchange rate, net capital outflow DECREASES as the domestic interest rate increases and is just equal to the DECREASE in net exports.

8 0
3 years ago
The difference between representative money and fiat money is that?
Cerrena [4.2K]
Great question! Fiat money deries it's value from law or regulation. However representative money derives its value either from a claim on a commodity (gold for example). However sometimes representative money means it has value higher than what it is made of, ie if you melt it down it is worth less than before it is melted down. In this sense fiat money is a type of representative money
8 0
4 years ago
Bottum Corporation, a manufacturing Corporation, has provided data concerning its operations for May. The beginning balance in t
inna [77]

Answer:

the direct material cost is $47,000

Explanation:

The computation of the direct material cost is shown below:

= Opening balance + purchase made - indirect material - closing balance

= $22,500 + $68,000 - $2,500 - $41,000

= $47,000

hence, the direct material cost is $47,000

The same should be considered and relevant too

4 0
3 years ago
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