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jeka57 [31]
2 years ago
9

Margot has worked as an accountant for the same company for almost 15 years. She knows exactly what she needs to do each month,

and how to prioritize those tasks, to complete her job in a manner that satisfies her employer's expectations. What does Margot have
Business
1 answer:
Phoenix [80]2 years ago
5 0

Since Margot has been working as an accountant for the same company for nearly 15 years and knows exactly what she needs to do to complete her job effectively, it can be said that Margot has role clarity.

<h3 /><h3>Benefits of role clarity</h3>

When an employee reaches the degree of understanding of their responsibilities and work processes, it generates greater organizational productivity, due to increased autonomy at work, making the culture stronger and the organization more effective.

Therefore, it is essential that role clarity is achieved in organizations, increasing performance and the efficiency with which their tasks are accomplished.

The correct answer is:

  • Role clarity

Find out more information about role clarity here:

brainly.com/question/25653772

You might be interested in
Your parents will retire in 26 years. They currently have $220,000 saved, and they think they will need $1,950,000 at retirement
Artyom0805 [142]

Answer:

Annual rate of interest is 9%

Explanation:

The annual rate of interest is computed using the excel formula of Rate as:

=Rate(nper,pmt,pv,fv,type)

where

nper is number of years which is 26 years

Pmt is monthly payment which is 0

pv is present value which is -$220,000

fv is future value which is $1,950,000

type is 0

So, putting the values above:

=Rate(26,0,-220000,1950000,0)

=9%

Therefore, the rate of interest is 9%

6 0
3 years ago
On July 1, 2020, Marigold Corp. pays $13,200 to Kalter Insurance Co. for a 3-year insurance contract. Both companies have fiscal
Juliette [100K]

Answer:

For Marigold

The journal entries on July 1 , 2020 are:

Dr Insurance prepayment   $13,200

Cr Cash                                              $13,200

being insurance paid for in advance

The adjusting entry at the close of the year

Dr Insurance expense        $2,200

Cr Insurance prepayment                $2,200

Being insurance expense incurred in the year

The other party is Kalter insurance not Dobbs Co:

he journal entries on July 1 , 2020 are:

Dr Cash                              $13,200

Cr Prepaid revenue                    $13,200

being revenue received in advance

The adjusting entry at the close of the year

Dr Prepaid revenue        $2,200

Cr Revenue                                   $2,200

Being recognition earned in the year

Explanation:

Upon the payment of the insurance , the cash account of the paying company is credited and that of the receiving company debited .

The other entry in the paying company is insurance prepayment while that of the receiving company is prepaid revenue .

7 0
3 years ago
A company that rents bikes to students without any supporting business processes has likely implemented a ____________ competiti
valkas [14]

A company that rents bikes to students without any supporting business processes has likely implemented a differentiation competitive strategy.

<h3>What does "competitive strategy" mean?</h3>

A business uses a set of rules and practices known as a competitive strategy to acquire a competitive edge in the market. It is the procedure for choosing and carrying out steps that enable a corporation to strengthen its position in the market.

A company's competitive strategy is its long-term action plan, which is intended to provide it a competitive edge over its rivals after assessing their industry-specific strengths, weaknesses, opportunities, and threats in comparison to your own.

In essence, differentiation in business relates to the idea of distinguishing your business from the competitors by a particular feature, such your distribution system or pricing point.

Learn more about strategy on:

brainly.com/question/24851851

#SPJ1

6 0
2 years ago
As a result of cash flow shortages, Millard's Department Stores has fallen behind in payments to suppliers. Some suppliers are w
aleksandr82 [10.1K]

Answer:

D. short-term financing

Explanation:

Based on the information provided within the question it seems that in this scenario Millard's Department Stores should utilize short-term financing. This is a short term loan (usually less than one year) that you can use for you daily business operations. Which is exactly what Millard's Department Store needs in order to pay off the suppliers to continue receiving payments and continue it's business operations to make money.

8 0
3 years ago
The following data are accumulated by Zadok Company in evaluating the purchase of $370,000 of equipment, having a four-year usef
Romashka [77]

Answer: Management will not look at this investment in equipment favorably, as the net present value of the project is negative, which will decrease shareholder's wealth.

Explanation:

                                    0                   1            2             3              4

Net Cashflows        -370,000     160000      140000 80000 80000

Discount factor  12%    1               0.893 0.797 0.712 0.636

PV of cashflows       -370000     142857 111607 56942  50841

NPV -7752    

3 0
3 years ago
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