Answer:
Yes, common and operational expenses.
The effect on financial statement would be dynamic, as some figures would fluctuate based on volume
Explanation:
A flexible budget is very much adjustable based on the level of production activity. Hence this will also reflect on the financial statement, if management takes this approach
Explanation:
The management of people in an organization is a constant and dynamic process that must be well structured, as it is the employees of the organization who will assist in the achievement of organizational goals and objectives.
Therefore, this process of recruiting, training, evaluating and paying employees must be well established in the organization as a fundamental process for organizational success. Each stage of the personnel management process is essential, and must always be organized, evaluated and monitored, so that there is continuous improvement in a company in all its systems. Through effective people management, there is greater motivation, greater productivity and greater organizational positioning.
Answer: Company's net capital spending for 2016 = $702,000
Explanation:
Given that,
On December 31, 2015:
Net fixed assets = $1,780,000
On December 31, 2016:
Net fixed assets = $2,150,000
Depreciation expense = $332,000
Therefore,
Company's net capital spending for 2016:
= Ending net assets + Depreciation expense - Beginning net assets
= $2,150,000 + $332,000 - $1,780,000
= $702,000
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Alfred Wegener was the scientist who proposed the Continental Drift Theory in the early twentieth century. Simply put, his hypothesis proposed that the continents had once been joined, and over time had drifted apart. I hope my answer has come to your help. God bless and have a nice day ahead!