Describe the key challenges the HR Director faces in ensuring the consistency of decision-making whilst addressing local requirements of the rest of the business.
What will be an ideal response?
? Managing own reputation with peers at the board level by delivering business
focussed solutions
? Maintaining relations with trade union by applying corporate policies consistently
? Ensuring own HR team feel supported and empowered to make decisions which
support objectives of the business
? Keeping close contact with HR Business Partners to ensure they remain aligned
to the corporate HR strategy
? Ensuring decisions are not made which risk setting precedents which in turn may
impact on budgets
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Transferring a note receivable to a bank for cash is called ____________________
Fill in the blank(s) with correct word
A trial balance has a debit total of $10,000 and a credit total of $9,900 . Which of the following could be the cause of the 'out-of-balance' trial balance?
a. A debit to Cash for $50 was posted as a credit to the Cash account. b. A credit to Cash for $50 was posted as a debit to the Cash account. c. The Accounts Receivable account with a balance of $100 was omitted from the trial balance. d. The Capital account balance was understated by $500. e. The Office Equipment account is listed on the trial balance with a debit balance of $500 instead of $1,500.
Byron bought a 50' yacht from Myrtle's Marina by entering into a note and security agreement promising the yacht as collateral for the purchase money security interest. When Byron faced some tough financial times, he failed to make three monthly payments. Myrtle's Marina repossessed the yacht by removing the yacht engine and advertised a public auction of the yacht. Byron appealed to his good
friend Charles and managed to pay off the debt balance and the Marina's expenses of repossessing and advertising the sale. Byron's actions represent a. strict foreclosure. b. redemption. c. silent bidding at the auction. d. an artisan's lien.
Lubke Corporation's contribution format income statement for the most recent month follows: Sales$506,000Variable expenses 236,500Contribution margin 269,500Fixed expenses 241,700Net operating income$27,800 Required: a. Compute the degree of operating leverage to two decimal places.b. Using the degree of operating leverage, estimate the percentage change in net operating income that should result from a 3% increase in sales.
What will be an ideal response?