A company's chain of control determines how many employees report to each manager.
Answer the following statement true (T) or false (F)
False
Chain of command details who reports to whom. Span of control describes how many employees report to each manager.
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What are freestanding stores?
What will be an ideal response?
Use this information pertaining to Tucson Company to answer the following question. 1. The corporation's Supplies account showed a beginning debit balance of $400 and supplies purchased of $1,600. There were $600 of supplies on hand at year end. 2.Depreciation on a building is estimated to be $10,000. 3.A one-year insurance policy was purchased for $4,800. Five months have passed since the
purchase. 4.Accrued interest on a note receivable amounted to $200. 5.The company received a $3,600 advance payment during the year on services to be performed. By the end of the year, one-third of the services had been performed. The adjusting entry for the insurance policy is A) Prepaid Insurance 2,800Insurance Expense 2,800 B) Insurance Expense 2,800Prepaid Insurance 2,800 C) Prepaid Insurance 2,000Insurance Expense 2,000 D) Insurance Expense 2,000Prepaid Insurance 2,000
"Underachievers" in the category management matrix are cash cows
Indicate whether the statement is true or false
Katrina’s organization is hiring for low-skilled jobs in an industry where unemployment is high and it is easy to find replacement workers. Adopting a(n) ________ organizational philosophy on compensation could allow her to hire plenty of workers.
A. wage compression B. below-the-market C. pay for longevity D. competency-based pay E. profit pay