Answer:
Dividends - <em>Statement of Changes in Retained Earning</em>
Dividends are payments to shareholders from a company's net income. They are derived from the Statement of Changes in Retained Earning because this is where Net Income is sent to. After they are deducted from Retained Earnings, the Earnings form part of Equity.
Differed Revenue - <em>Balance Sheet</em>
Differed Revenue refers to money that was received from a customer or client for goods and/or services that have not yet been delivered. The business will treat them as a liability until they are delivered so they will go under Current Liabilities in the Balance Sheet assuming they are to be fulfilled in 12 months or less which is usually the case.
Service Revenue - <em>Income Statement</em>
These are revenue that the business earns for providing a service when their main source of revenue is by selling goods. It is listed in the Income Statement just after Revenue and is added to Revenue to get Total Revenue.
Answer:
The answer is A. resources are shared by more than one product or service.
Explanation:
Indirect cost are costs that are not directly related or traced to any product or activity. They are shared or used by more than one activities. Examples include, Adminstrative expenses, advertising expenses, telephone expenses, rent, office expenses etc.
Like direct cost, indirect cost can be fixed or variable.
Indirect costs are used by business as a whole and not just limited to a particular product.
Option B is not correct. Cost that are directly traced or related to a product is known as direct material. For example, direct labour and direct material used to produce a particular good.
Option C and D are also wrong
<u>Full question:</u>
Angela is part of the senior management of Fifian Inc., an event management company. She along with other members of the senior management plans the annual budget of the company. Angela, however, is not required to take inputs from or involve the middle and supervisory managers of the company in this planning process. In the given scenario, Fifian Inc. most likely uses _____.
A. top-down budgeting
B. incremental budgeting
C. bottom-up budgeting
D. zero-based budgeting
<u>Answer:</u>
In the given scenario, Fifian Inc. most likely uses top-down budgeting
<u>Explanation:</u>
Top-down budgeting relates to a budgeting system where senior management equips a high-level estimate for the company. Through top-down budgeting, the company’s administration views prior practices and contemporary market circumstances.
Customarily, department directors and lower-level staff do not partake in the meetings but may put forward proposals for consideration. Such a kind of budget concentrates on the overall germination of the organization. Since managers are not a member of the budget-making method, they may not perceive much urge to assure their success.
Answer:
The dos and donts in excersing active listening
Explanation:
Active listening helps someone understand what the party is trying to say, even if the message is unclear or ambiguous. As a practice manager, the following actions will enhance or undermine active listening.
<u>The Do's</u>
- Nod in agreement
- Maintain eye contact
- Offer positive reinforcement with phrases such as 'yes,' ' great' or 'indeed.'
- Positive body posture such as facing the speaker and smiling
- Ask relevant questions
- Seek clarification
<u>The Don't s</u>
- Avoid noise: switch off audio devices such as radio, computers while listening.
- Do not interrupt or cut off the speaker.
- Avoid receiver biases. Keep an open mind, and don't judge the speaker's message before its communicated.
- Avoid listener's appreciation: Don't fear that you might not understand the speaker's message.
- Keep off distractions such as picking phone calls and reading.
Answer:
demand; rightward; increase; increase
Hope this Helps!
