Planning tends to be less formal and more intuitive in which management format?

a. centralized structure
b. professional manager system
c. corporation
d. owner-manager system


d

Business

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Use this information to answer the following question. The general ledger account for Accounts Receivable shows a debit balance of $50,000. Allowance for Uncollectible Accounts has a credit balance of $1,000. Net sales for the year were $500,000. In the past, 2 percent of sales have proved uncollectible, and an aging of accounts receivable accounts results in an estimate of $11,700 of

uncollectible accounts. Using the accounts receivable aging method, the Allowance for Uncollectible Accounts balance would be credited for A) $10,700. B) $11,700. C) $12,200. D) $12,700.

Business

Under what conditions should a pending lawsuit be recognized in a company's financial statements? Under what conditions should the lawsuit be disclosed in the notes to the financial statements?

What will be an ideal response?

Business

______ are simple decision rules that are used to select jobs for the next operation in order to control the flow of work as jobs progress through a single process, machine, or work center.

A. Scheduling rules B. Sequencing rules C. Priority rules D. Job processing rules

Business

A product development group at Yahoo stands up spontaneously and says, "We can do it, let's go." The statement suggests that the group has high collective efficacy

Indicate whether the statement is true or false.

Business