Contrast power and authority. How do power and authority differ between military organizations and typical business organizations?
What will be an ideal response?
Authority refers to the rights inherent in a managerial position to make decisions, give orders, and utilize resources. Authority is distinguished from power, which is the extent to which a person is able to influence others so they respond to orders. In the military, of course, orders are given with the expectation that they will be obeyed, disobedience making one liable to a dishonorable discharge or imprisonment. In civilian organizations, disobeying orders may lead to less dire consequences (demotion or firing), but subordinates are still expected to accept that a higher-level manager has a legitimate right to issue orders.
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Tidy Limited purchased a new van on January 1, 2018. The van cost $36,000. It has an estimated life of six years and the estimated residual value is $3600. Tidy uses the double-declining-balance method to compute depreciation.What is the adjusted balance in the Accumulated Depreciation account at the end of 2019?
A. $6000 B. $4000 C. $20,000. D. $16,000.
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Indicate whether the statement is true or false
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Indicate whether the statement is true or false