Answer:
Letter B is correct. Unity of command.
Explanation:
Unity of command is defined as t<u>he importance of respecting hierarchy within an organization.</u> The orders are given by the superiors and the subordinates must comply with them, that is, the orders of those who are at the top of the hierarchy must always be respected and only the superiors are allowed to change them.
When there is a violation of the command unit, several related conflicts can arise, such as lack of consensus among teams, disorganization, failure in the communication process, which negatively impact organizational effectiveness.
When employers use diplomas and degrees to determine who is eligible for jobs, even though the diploma or degree may be relevant to the actual work, it becomes a Credential Society.
<h3>What is a diploma?</h3>
- A diploma is a record given by a school attesting that the holder has graduated after completing their academic programs.
- Historically, it has also been used to refer to a diplomatic charter or formal document.
- A testamur, which is Latin for "we testify" or "certify," may also be used to refer to the diploma this term is frequently used in Australia to refer to the document certifying the award of a degree.
- Alternatively, this document may be referred to as parchment, a degree certificate, or a certificate of graduation.
<h3>What are degrees?</h3>
- A qualification given to students upon successful completion of a course of study in higher education, typically at a college or university, is known as an academic degree.
- These institutions frequently provide a variety of degrees, typically including bachelor's, master's, and doctoral degrees, frequently in addition to other academic certificates and professional degrees.
- The bachelor's degree is the most popular undergraduate degree, while in some nations there are lower level higher education credentials that are also labeled degrees.
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Answer:
c. Ending inventory will be lower if Blake uses weighted average than if FIFO were used
Explanation:
To check which answer is correct, we simply evaluate each option step by step.
<u>Option A</u>
Gross margin is the difference between selling price and cost.
Under FIFO gross margin is $14. (32 -18 =14)
Under LIFO gross margin is $13. (32-19 = 13)
Thus statement is incorrect as gross margin is higher if FIFO is used.
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<u>Option B</u>
If FIFO is used, the dollar amount of ending inventory will be $19 as ending inventory will contain product purchased later that is at $19. In contrast, if LIFO is used, the dollar amount of ending inventory will be $18. Thus the statement becomes incorrect that it will be the same.
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<u>Option C</u>
The ending inventory under FIFO is $19.
The ending inventory under LIFO is $18
The endng inventory under AVCO or weighted average will be, 18+19 / 2 = 18.5
Thus the statement is correct as the ending inventory under weighted average $18.5 is lower than ending inventory under FIFO $19. So, C is the correct Answer.
Answer:
The average number of times inventory is sold during the period.
Explanation:
Inventory turnover by definition is the relationship between inventories and the cost of goods sold by a firm. It measures on average, how many times the inventory was restocked and sold in the operating period.
A higher number usually suggests a healthier operation cycle for a business.
It is measured by,
Inventory turnover = Cost of goods sold / Average inventory
Option 1 and Option 3 are related to the performance of accounts receivables. Option 3 is the closest to above mentioned definition. Option 4 is only measuring the inventory clearance time.
Hope that helps.
The answer is diffusion of innovation. This type of theory
or process has the aim of having to influence other people in regards with the
ideas that they have formulated in which are new. These ideas are being spread
out with the use of innovations.
