When information is manipulated to create business intelligence, this is called Online Analytical Processing (OLAP).
<h3>What is OLAP?</h3>
- Allows for one to make strategic decisions based on various information concerning the business.
This allowance is made because the information involved in manipulated to give out different variables that can show a company which decisions to make.
In conclusion, this is Online Analytical Processing.
Find out more on management information system at brainly.com/question/14569080.
Answer:
A debit of $7.6 million to a loss account
Explanation:
Step 1. Given information.
- Carrying value is 21.4 million
- Market value when retired is 29 million.
Step 2. Formulas needed to solve the exercise.
Gain(Loss) = Carrying value - Market value when retired
Step 3. Calculation.
= 21.4 million - 29 million
= 7.6 million
Step 4. Solution.
A debit of $7.6 million to a loss account
Answer:
Refer explanation
Explanation:
1. Purchase of Inventory ($302000)
This transaction has occurred on account which means that payment was not made immediately but would be made at a future date, thus a creditor to the business.
Debit : Purchases account : $302000
Credit : Accounts Payables account : $302000
2. Sale of inventory ($504000)
The sale of inventory requires two separate transactions. The sale is accounted and along with this, the amount of inventory sold would also have to be accounted as an asset reduction.
A. To reduce inventory:
Debit : Cost of Sales account : $327000
Credit : Inventory account : $327000
B. Record the sale:
Debit : Accounts Receivables account : $504000
Credit : Sales account : $504000
This too is a sale on account which means that a debtor has been incurred who will pay for the sale at a later date.
Answer:
✔ Asking employees questions helps develop their critical thinking skills.
✘ Asking employees questions boosts their morale by helping them feel like experts, even though they’re not.
✘ Asking employees questions enhances their sense that the manager is the only person they should be in dialogue with, so they start talking less to each other.
✔ Asking employees how to solve problems empowers them to arrive at solutions to which they’re committed.
Explanation:
A manager who asks questions with a sincere interest in the answers is engaging in dialogue similar to a “regular” back-and-forth conversation, and this authenticity builds trust and promotes the open exchange of ideas. Another key benefit is that having employees think about questions, rather than just telling them information or telling them what to do, engages their critical thinking skills—which are key skills for organizational success. Also, when employees are asked how to solve problems, they are likely to have more buy-in to the solution they arrive at than to a solution imposed on them. Many people are motivated by feeling as though their ideas make a positive difference.
Lower-level employees are often the experts in operational details and often have more direct contact with customers than higher-level managers, so they have tremendous expertise that can and should be tapped. Asking employees questions begins an organizational dialogue that can lead to a decentralized communication network, in which employees freely exchange ideas with one another and not just with their manager.
The answer to the blank space is discriminative stimuli.
A discriminative stimulus means that this thing differs from the others – and thus the person who perceives it will be more likely to be attracted to it. Buy one get one deals are essentially this type of stimulus since people are more likely to gravitate to it than other deals because they believe they will get a better deal by choosing to purchase the item.
