1. Employees at a call centre have earned a bonus of 0.25% of their salary. The bonus that an

All of the following statements regarding leases are true except : A. For a capital lease the lessee records the leased item as

faust18 [17]

Answer: B. Capital leases do not transfer ownership of the asset under the lease, but operating leases often do.

Explanation:

When using Capital Leases, the lessee will record the lease as if it were their own asset and as a result will also depreciate it. The lessee will also create a long term liability on their balance sheet for the asset.

Capital leases usually also involve a transfer of ownership to the lessee at the end of the lease term. Operating Leases on the other hand do not have these features. They are more like a rental of an asset and as such are recorded as a rental expense in the books of the lessee. The ownership remains with the lessor in an Operating Lease and the asset will be returned once the lease period is over.

5 0

3 years ago

It is important to think about your own views on leadership. What do you feel are the foundations of what makes a leader success

Anika [276]

Some of the fundamentals of leadership are character, empathy, and integrity. These are essential ingredients of that make a leader successful. From the list below the best perspective would be: "The best style of leadership depends on the situation."

<h3>What is leadership and why is it important?</h3>

Simply said, leadership involves taking chances and questioning the existing quo. Leaders inspire followers to take on new and improved goals.

Leading an organization's resources toward increased efficiency and goal attainment is a crucial management job. Clear objectives are provided by effective leaders, who also inspire and direct their teams to accomplish the organization's goals.

A competent leader will model appropriate behavior for their team members and foster passion for the task being done. Leaders that are accountable and modest will teach their followers how to act in similar ways. In the process, leaders may give team members a good sense of the corporate culture.

Learn more about leadership:
brainly.com/question/29452698
#SPJ1

4 0

1 year ago

Arctica manufactures snowmobiles and ATVs. These products are made in different departments, and each department has its own man

Ilya [14]

Answer: Please see explanation for answers.

Explanation.

SW=Snowmobile

Given:

SM ATV Combined SM ATV Combine

Budget | Actual

Raw materials $19,990 $28,000 $47,990 $19,920 $29,320$49,240

Employee wages 10,900 21,000 31,900 11,210 21,740 32,950

Dept. manager salary 4,800 5,700 10,500 4,900 4,900 9,800

Supplies used 3,850 1,400 5,250 3,670 1,420 5,090

Depreciation- Equip. 6,500 13,000 19,500 6,500 13,000 19,500

Utilities 410 590 1,000 380 550 930

Rent 6,200 6,800 13,000 5,800 6,800 12,600

Totals $52,650 $76,490 $129,148 $52,380 $77,730 $130,110

A responsibility accounting performance report is a budget that makes comparison of actual and budgeted amounts under the controlled costs in a department .Here utilities and rent costs cannot be controlled so will not be included.

Responsibility accounting report for the snowmobile department.

Budgeted Actual Over/Under Budget

Controlled costs

Raw materials 19,990 19,920 -70

Employee wages 10,900 11,210 310

Dept. manager salary4,800 4,900 100

Supplies used 3,850 3,670 -180

Depreciation- Equip.6,500 6,500 0

Total 46,040 $46,200 160

Calculations .

Over/Underbudget = Actual - Budgeted amount.

Raw materials =19,920-19990= -70

Employee wages 11,210-10,900= 310

Dept. manager salary4,900-4800=100

Supplies used 3,670-3850= -180

Depreciation- Equip.6,500 -6,500 =0

3 0

3 years ago

Which of the following is true about mortgage-backed securities? I) They aggregate individual home mortgages into homogeneous po

quester [9]

Answer:

I ,II and IV

Explanation:

Mortgage backed securities are either a claim for equity in a pool of mortgages, or a duty secured by a pool. Such claims reflect home loan securities. Loans borrow from mortgage lenders and then sell bundles of those loans on the resale market.

Specifically, once those loans are paid off, they sell their claim to the mortgage cash inflows. The issuer of the mortgage needs to maintain the loan, receiving principal and interest payments, and transfers those payments on to the mortgage borrower.

Therefore according to the given situation the correct answer is I, II, IV

6 0

3 years ago

According to circus founder p.t. Barnum, what happens without publicity?

Ad libitum [116K]

Answer:

The correct answer would be, Decline in Customers.

Explanation:

P.T. Barnum was a successful American promoter. He founded Ringling Bros. and Barnum & Bailey Circus in 1871. At a young age, he moved to New York and tried a lot of businesses including newspaper publishing and running a boarding house.

He started the circus in 1871 which became a huge success just because of his work plus the tactics of advertisement he used to promote his work. According to him, Decline in the customers happen without publicity. He believed that people will come to see your show only if you have attracted them enough to get them out of their houses and come to see your show through your powerful advertisements.

4 0

2 years ago

Read 2 more answers