The management team of an organization transfers information about an employee to the HR department of the organization. In this scenario, the type of communication between the management team and the HR department is an example of _____ communication
Fill in the blank(s) with correct word
internal
Internal communication is the transmittal of information between and among persons within a
business or organization. Within a company, internal communication is used to accomplish
company goals and objectives.
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Which of the following is an example of fraud?
a. A mistake in processing accounting data. b. An incorrect accounting estimate arising from misinterpretation of facts. c. Misappropriation of an asset. d. A mistake in the application of accounting principles.
A debit balance in the allowance account may exist before recognizing estimated uncollectibles for the period because
a. firms sometimes write off specific customers' accounts during an accounting period as the firm identifies the specific customers whose accounts have become uncollectible. b. firms generally wait until the end of the accounting period to recognize bad debt expense for the period. c. the account will always have a credit balance after recognizing the provision for estimated uncollectibles for the period. d. all of the above. e. none of the above.
The minimum wage in the country of New Morland is $8 an hour. Odion, a restaurant in New Morland's capital city, pays its servers $8 per hour. However, the management of the restaurant feels that this amount is excessive for workers whose only job is to clear tables. By continuing to adhere to the rules set by the government of New Morland, which of the following responsibilities is Odion satisfying?
A. philanthropic responsibilities B. demographic responsibilities C. ethical responsibilities D. legal responsibilities
Bassett Corporation has two production departments, Milling and Customizing. The company uses a job-order costing system and computes a predetermined overhead rate in each production department. The Milling Department's predetermined overhead rate is based on machine-hours and the Customizing Department's predetermined overhead rate is based on direct labor-hours. At the beginning of the current year, the company had made the following estimates: MillingCustomizingMachine-hours 16,000 12,000Direct labor-hours 2,000 8,000Total fixed manufacturing overhead cost$118,400$87,200Variable manufacturing overhead per machine-hour$2.10 Variable manufacturing overhead per direct labor-hour $3.30 The predetermined overhead rate for the Milling Department is closest to:
A. $9.50 per machine-hour B. $19.00 per machine-hour C. $2.10 per machine-hour D. $7.40 per machine-hour