Answer:
The correct answer is: All of the above.
Explanation:
Transformational leadership is the type of leadership that provokes change in individuals and the environment they interact with. It creates positive change in individuals to make them good leaders in the long run. Leaders guide their followers through inspiration, commitment, influence, and consideration.
Answer: d. All of the above
Explanation:
A cost driver refers to the activity that causes an actual change in the cost of a transaction and by extension it's local cost.
For example, cost driver of labor would be the number of people working or cost driver of Electricity paid would be the actual number of units consumed.
In the above, the products and services mentioned are the integral activities for those firms so they are cost drivers to those firms.
a. How much warranty expense does the company report in 2015 for this copier?
b. How much is the estimated warranty liability for this copier as of December 31, 2015?
c. How much warranty expense does the company report in 2016 for this copier?
d. How much is the estimated warranty liability for this copier as of December 31, 2016?
Answer:
Explanation:
Requirement 1
Warranty expense in 2015 = $9,000 x 6%
Warranty expense in 2015 = $540
Note: As mention above Hitzu expects warranty cost to be 6% of dollar sales
Requirement 2
Estimate warranty liability as of Dec 2015 = $540
Requirement 3
Warranty expense in 2016 = 0
Requirement 4
Estimated warrant liability as of Dec 2016 = $540 -$114
Estimated warrant liability as of Dec 2016 = $426
Note: As the repair costs 114 on the same day of repair.
Answer:
Line Authority
Explanation:
Line authority refers to the power or authority assigned to individuals of supervisory position so as to direct and initiate employees to action in a desired manner, with the purpose of accomplishment of organizational goals and objectives.
For example, production manager may exercise line authority and supervise and direct production activities and subordinates.
In the given case, the vice president(VP) of a department i.e marketing tells marketing manager to prepare a presentation by the end of the week. Here, the VP is exercising his line authority, thereby supervising and directing the subordinates towards an action, carried out in organizational interest.
b) false
The statement in question is true. Overhead variance is determined by the difference between actual and applied overhead costs. This kind of analysis helps in understanding cost inefficiencies and making future budgets.
The statement 'The total overhead variance is the difference between actual overhead costs and overhead costs applied to work done' is true. In cost accounting, overhead variance is indeed determined by the difference between the real, or actual overhead expenses for a certain period and the overhead costs which were anticipated or pre-applied to the work done in that same period. This kind of variance analysis helps the business to understand where and how their cost estimates were off, and make necessary adjustments for future cost predictions and budgeting. For example, if the actual overhead costs are higher than the applied overhead costs, it could signify inefficiency in the production process. Conversely, if the applied overhead costs are higher than the actual costs, it signifies cost efficiency.
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state government officials demand that the SEC should look into the financial dealings of all these organizations
B.
state government officials recruit auditors to review the financial records
C.
state government officials themselves audit these organizations
D.
state government officials review the audit performed by CPA firms for such organizations
The correct option is D. state government officials review the audit performed by CPA firms for such organizations
The following information should be considered:
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This is op's alt account its D
Answer: Using buffer stocks to ensure speedy supply.
Explanation:
Differentiation is a strategy that is used to differentiate a good or service from other products that are similar which are offered by competitors. It is the development of a good or service, that is unique and stands out for the customers, in terms of features, product design, quality, brand image, or customer service.
Modular design to differentiate a product, collating market research data and minimizing inventory are all product differentiation strategies.
Answer: C. Use buffer stocks to ensure speedy supply.
Explanation: All options except the use of buffer stocks to ensure speedy supply are included in the differentiation strategy decisions. A differentiation strategy is one of the ways a business distinguishes itself from competition and is defined as the approach in development of new products that a firm employs in order to offer unique products that customers will find superior to others in the market. It is important because it allows businesses not just to distinguish themselves from competition, but to also emphasize the unique aspects that make its product superior, accelerating visibility and perceived expertise, that results in better growth and profitability.