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LiRa [457]
3 years ago
13

A company CEO created an ethics policy, made ethical training mandatory and installed feedback systems for ethics violation. Whe

n ethics violations were reported to the executives however, no changes or reprimands were made. Consequently, the policies ________ value and executives ________ the respect of employees
Business
1 answer:
igor_vitrenko [27]3 years ago
4 0

Answer

lost / lost

A company CEO created an ethics policy, made ethical training mandatory and installed feedback systems for ethics violation. When ethics violations were reported to the executives however, no changes or reprimands were made. Consequently, the policies ____lost____ value and executives __lost______ the respect of employees

Explanation:

Creating ethics policies is extremely important for an organization to align employee behavior with its organizational culture. Business values, when clearly and effectively established, help at various organizational levels, such as good team relationships, conflict resolution, and effective communication among all employees. In the above question, as there was no compliance with the ethics policy implemented by the CEO and no correction of the failures, there was a lost of value of the policy and lost of respect for employees.

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To determine the answer to this, let us first determine the interest using the formula:

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September to December would be 4 months, therefore:

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Therefore the adjusting entry should be:

debit to Interest Expense of $1,000

8 0
3 years ago
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Answer:

$3500 is deductible

Explanation:

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Joe Jones has put in place a new set of performance metrics for the Logistics Department at his firm. He is convinced that these
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Answer:

Motivating objective              

Explanation:

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Answer:

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Elliptical Consulting is a consulting firm owned and operated by Jayson Neese. The following end-of-period spreadsheet was prepa
Vesna [10]

Question Completion:

Prepare income statement, statement of owners' equity, and a balance sheet.

Answer:

Elliptical Consulting

1. ELlIPTICAL CONSULTING

Income Statement for the year ended June 30, 2076:

Fees Earned                             $71,580

Salary Expense             28,670

Supplies Expense           3,340

Depreciation Exp.           1,990

Miscellaneous Exp.        3,010   37,010

Net Income                             $34,570

Statement of Owners' Equity for the year ended June 30, 20Y6:

Jayson Neese, Capital $38,320

Net Income                     34,570

Jayson Neese, Drawing (4,880)

Jayson Neese, Equity  $68,010

Balance Sheet as of June 30, 20Y6:

Assets:

Cash                                  $15,780

Accounts Receivable         37,570

Supplies                                  640  $53,990

Office Equipment               30,810

Accumulated Depreciation 6,160  $24,650

Total assets                                     $78,640

Liabilities + Equity:

Accounts Payable                           $10,140

Salaries Payable                                   490

Total liabilities                                $10,630

Jayson Neese, Capital                  $68,010

Total liabilities and equity            $78,640

Explanation:

a) Data and Calculations:

Elliptical Consulting End-of-Period Spreadsheet For the Year Ended June 30, 20Y6

                                         Unadjusted                                           Adjusted  

                                        Trial Balance         Adjustments         Trial Balance

Account Title                   Dr.           Cr.          Dr.           Cr.         Dr.           Cr.

Cash                                15,780                                                 15,780

Accounts Receivable     37,570                                                37,570

Supplies                           3,980                            (a) 3,340          640

Office Equipment          30,810                                                 30,810

Accumulated Depreciation          4,170                (b) 1,990                     6,160

Accounts Payable                       10,140                                                  10,140

Salaries Payable                                                     (c)  490                       490

Jayson Neese, Capital             38,320                                                38,320

Jayson Neese, Drawing 4,880                                                 4,880

Fees Earned                             71,580                                                  71,580

Salary Expense             28,180                 (c)    490               28,670

Supplies Expense                                     (a) 3,340                 3,340

Depreciation Exp.                                     (b) 1,990                  1,990

Miscellaneous Exp.       3,010                                                   3,010

Totals                         124,210 124,210         5,820  5,820 126,690 126,690

                                           Adjusted  

                                        Trial Balance

Account Title                   Dr.           Cr.

Cash                                15,780

Accounts Receivable     37,570

Supplies                              640

Office Equipment          30,810

Accumulated Depreciation          6,160

Accounts Payable                       10,140

Salaries Payable                             490

Jayson Neese, Capital             38,320

Jayson Neese, Drawing 4,880

Fees Earned                             71,580

Salary Expense             28,670

Supplies Expense           3,340

Depreciation Exp.           1,990

Miscellaneous Exp.        3,010

Totals                         126,690 126,690

6 0
2 years ago
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