Identify the choices that must be made in designing an organizational structure.
What will be an ideal response?
1. Managers decide how to divide the overall task into successively smaller jobs. 2. Managers decide the bases by which to group the individual jobs 3. Managers decide the appropriate size of the group reporting to each superior. 4. Managers distribute authority among the jobs.
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The moderate view of capital structure theory allows for the tax-deductibility of interest expense
Indicate whether the statement is true or false
Any activity that attempts to earn a profit by providing goods and services to others is a ____________________.
Fill in the blank(s) with the appropriate word(s).
Last year Anderson Corporation reported a cost of goods sold of $105,000. The company's inventory at the beginning of the year was $12,000, and its inventory at the end of the year was $20,500. The prepaid expense account increased by $2500 between the beginning and end of the year, and the accounts payable account decreased by $4500. Cost of goods sold adjusted to the cash basis under the direct method would be:
A. $98,000 B. $112,000 C. $116,000 D. $118,000
In spite of its advantage in discounting extreme observations, the median is used less frequently than the mean. Why?
What will be an ideal response?