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jeyben [28]
2 years ago
10

The customer-service department at Park-E Bank complains it is unable to keep track of its new business clients as the departmen

t handling data compilation has failed to enable a free exchange of information between the two departments. This has hindered the customer-service department to follow up on its customers' queries and update their relationship status with the bank. This has also impacted the department's sales target. This scenario exemplifies conflict due to
Business
1 answer:
Ket [755]2 years ago
6 0

Answer:

task interdependence

Explanation:

Task interdependence is a form of conflict that occurs when there is more than one department needed to complete a task, and when one of them fails, consequently the other is affected and the task is not completed effectively. This is the case of Park-E Bank, which complains that it is unable to keep up with its new commercial customers, as the department that deals with the compilation of data has failed to allow the free exchange of information between the two departments.

The interdependence of tasks is a conflict that affects organizational activities as a whole, and can bring essential problems for the correct flow of business, it is necessary then that there is a correct management, control and coordination of tasks to reduce the bottlenecks found in organizational processes and improve continuous improvement that is beneficial for all organizational systems to operate correctly.

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What is meant by the term “overhead” as it relates to a company’s financial<br> Operations?
REY [17]

Answer:

Overhead refers to the ongoing business expenses not directly attributed to creating a product or service. It is important for budgeting purposes but also for determining how much a company must charge for its products or services to make a profit

Explanation:

7 0
3 years ago
Julio is the owner of Party Time, Inc., a small party supply company. The company provides tents, tables, chairs, and related pa
BartSMP [9]
True ....................
4 0
2 years ago
Hayden Company is considering the acquisition of a machine that costs $406,000. The machine is expected to have a useful life of
kow [346]

Answer:

c.4.2 years

Explanation:

The computation of the estimated cash payback period is given below:

As we know that

the estimated cash payback period is

= initial investment ÷ net cash flow per period

= $406,000 ÷ $96,000

= 4.2 years

Hence, the estimated cash payback period is 4.2 year

Therefore the option c is correct

4 0
2 years ago
Exercise 8-3 (Algo) Lump-sum purchase of plant assets LO C1 Rodriguez Company pays $389,610 for real estate with land, land impr
polet [3.4K]

Answer:

1.  Land  $175,324.50

   Land improvements $38,961

   Building  $175,324.50

2. Dr Land   $175,324.50

   Cr Cash   $175,324.50

   Being entries to recognize cost incurred in the purchase of Land

   Dr Land improvements   $38,961

   Cr Cash   $38,961

   Being entries to recognize cost incurred in the purchase of Land improvements

   Dr Building   $175,324.50

   Cr Cash   $175,324.50

   Being entries to recognize cost incurred in the purchase of Building

Explanation:

Using the appraisal method to apportion the cost of an asset to the components of the asset involves the consideration of the appraised cost of each individual item as a portion of the total cost of the asset.

Thus, given that  Rodriguez Company pays $389,610 for real estate with land, land improvements, and a building

Appraised cost of

Land = $247,500

Land improvements = $55,000

Building = $247,500

Total appraised cost of the asset = $247,500 +$55,000 + $247,500

= $550,000

Allocated cost of;

Land = $247,500/$550,000 * $389,610

= $175,324.50

Land improvements = $55,000/$550,000 * $389,610

= $38,961.00

Building = $247,500/$550,000 * $389,610

= $175,324.50

Journal entries

Dr Land   $175,324.50

Cr Cash   $175,324.50

Being entries to recognize cost incurred in the purchase of Land

For journal entries, we debit each of the individual assets account and credit cash to recognize the cost incurred in the purchase of the asset.

5 0
2 years ago
New york city, london, and tokyo are examples of ______ financial centers because of their fiscal transparency and strict tax po
grin007 [14]

New york city, London, and Tokyo are examples of onshore economic facilities because of their monetary transparency and strict tax policies.

Tax policy is the use of authorities' spending and taxation to steer the economy. Governments commonly use monetary policy to sell sturdy and sustainable increase and decrease poverty. The amount of money that a government requires humans to pay in step with their profits, the price of their belongings, and many others. and this is used to pay for the matters performed by way of the authorities.

Examples of this encompasses decreasing taxes and raising government spending. while the government uses monetary policy to decrease the amount of cash available to the population, this is referred to as contractionary fiscal policy.

The primary purpose of a tax is to raise revenue for governmental activities, in place of steering commercial enterprise and private decisions. monetary increase and performance The tax gadget must now not unduly hinder or reduce the efficient capability of the financial system.

The taxation machine in India is such that the taxes are levied via the central government and the kingdom Governments. a few minor taxes also are levied through the neighborhood authorities which include the Municipality and the nearby Governments. The tax bill is initiated within the House of Representatives and noted the approaches and way Committee. when participants of this committee attain an agreement about the regulation, they write a proposed law. After Congress passes the bill, it goes to the president, who can both sign it into law or veto it.

Learn more about Tax policy here:

brainly.com/question/26316390

#SPJ4

8 0
1 year ago
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