According to Mary Parker Follett, the manager’s job was to ____ and ____ group efforts.
a. Coordinate, direct
b. Harmonize, coordinate
c. Harmonize, synchronize
d. Coordinate, synchronize
b. Harmonize, coordinate
According to Follett, the manager’s job was to harmonize and coordinate group efforts. She believed that managers and workers should view themselves as partners in a common project.
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Fill in the blank(s) with the appropriate word(s).
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Indicate whether the statement is true or false
) Under the first-in, first-out (FIFO) method, the current period equivalent units of production for transferred in units in beginning inventory are zero because ________.
A) these units are transferred back to the previous department for further processing in the current period B) these units are expected to be sold by the receiving department without subjecting them to further processing C) no additional costs for these units were incurred in the current period D) costs involved in inter-departmental transfers are accounted for only once when sales are made to customers
A company has net sales of $50,000 during the year. At year end (before an adjustment is made), Allowance for Uncollectible Accounts has a credit balance of $2,500. If the company estimates that 3 percent of net sales are uncollectible, what is the balance in the allowance account after the year-end adjustment has been made using the percentage of net sales method?
A) $1,500 debit balance B) $1,500 credit balance C) $4,000 credit balance D) $1,000 debit balance