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3 years ago

Budgeted performance is a better criterion than past performance for judging managers." do you agree? why?

1 answer:

3 0

Not really, the budgeted performance is like an expectation of a work, which is still uncertain until the result comes, in other words, an opinion on a work; while the past performance was the fact, which came from the employee's work in the past few months. To judge the fact is better than an uncertain picture.

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Describe the steps involved in closing the books. What’s is the most important output of the accounting cycle? What would happen

yuradex [85]

The steps involved in closing the books are as follows:

Closing the Revenues

Closing the Expenses

Closing the net income

Closing the dividend and withdrawals

The most important output of the accounting cycle is the financial statement like balance sheet and Income statement. If the books were never closed, then the business would never be able to know the financial position for a particular accounting period.

8 0

3 years ago

Harris Fabrics computes its plantwide predetermined overhead rate annually on the basis of direct labor-hours. At the beginning

wolverine [178]

Answer:

$6.7 per direct labor hour

Explanation:

Given:

Direct labor-hours = 20,000

Fixed manufacturing overhead cost = $94,000

variable manufacturing overhead = $2.00 per direct labor-hour

Actual manufacturing overhead cost for the year = $123,900

Actual total direct labor = 21,000 hours

Now,

Total Estimated Manufacturing Overhead

= 94000 + ( 2 × 20000 )

= $134,000

And,

Predetremined Overhead Rate = $\frac{\textup{Estimated Maufacturing Overhead}}{\textup{Estimated Direct Labor Hours.}}$

Predetremined Overhead Rate = $\frac{\textup{134,000}}{\textup{20000}}$

Predetremined Overhead Rate = $6.7 per direct labor hour

5 0

3 years ago

You purchased shares of a mutual fund at a price of $20 per share at the beginning of the year and paid a front-end load of 5.75

valkas [14]

Answer:

3.44%

Explanation:

The computation of the return if sold the fund at the year end is shown below:

= {[Price × (1 - Front End Load) × ((1 + fund increase percentage) -expense ratio)] - price} ÷ price

={[$20 per share × (1 - 5.75%) × ((1 + 11%) - 1.25%)] - 20} ÷ 20

= 3.44%

We simply applied the above formula so that the correct return could come

6 0

3 years ago

Once an initial sale has been made by an outside salesperson, inside salespeople are often asked to ________.

Lapatulllka [165]

Answer:

provide ongoing customer support, service, and be alert for new sales opportunities

Explanation:

8 0

3 years ago

You just hung up the phone after a 3-hour conference call with your colleagues in India. After the call, one of your co-workers

Llana [10]

Answer: Examine your expectations for conducting the meeting and determine how they might be different than your Indian colleagues.

Explanation:

Cross-cultural communication looks at how people from different cultural backgrounds communicate among themselves. The aim of cross-cultural communication is to bring together people with cultural differencces in such a way that the cultural differences shouldn't be a barrier.

Cross-cultural communication is understanding ways by which culturally distinct individuals relate and communicate with each other.

Regarding the question, the best way to improve one's cross cultural communication will be to examine the expectations one has for conducting the meeting and then determine how the expectations might be different from my Indian colleagues.

6 0

3 years ago

Budgeted performance is a better criterion than past performance for judging​ managers." do you​ agree? why?

Budgeted performance is a better criterion than past performance for judging managers." do you agree? why?