Discuss the five core job dimensions stated in the Hackman and Oldham model of job design.
What will be an ideal response?
The five core job dimensions in the Hackman and Oldham model of job design are skill variety, task identity, task significance, autonomy, and feedback. Skill variety includes different job activities involving several skills and talents. Task identity is the completion of a whole, identifiable piece of work. Task significance is an important, positive impact on the lives of others. Autonomy is independence and discretion in making decisions. Feedback is information about job performance. The most effective job enrichment increases all five core dimensions.
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Almond Industries owns an investment that experienced a decline during 2019 that has been judged to be "other than temporary". The investment is held in Almond's minority passive equity investment portfolio. It was purchased in March 2018 at a cost of $460,000. At the end of 2018, the fair value of the investment was $520,000. At the end of 2019, the fair value of the investment is $410,000. What amount of loss will Almond Industries report on its income statement for the year ending December 31, 2019 related to this investment?
A. an unrealized loss of $50,000. B. an unrealized loss of $60,000. C. a realized loss of $50,000. D. an unrealized loss of $110,000.
Which of the following is an illustration of the classification issue?
A) At what amount should land be shown on the balance sheet? B) At what point should the payment of salaries to employees be recorded? C) Should supplies be recorded as an asset or as an expense? D) At what point should a bill be paid for the purchase of an item?
On June 3, Lakeland Company sold merchandise worth $1,600 on credit, terms 2/10, n/30. The merchandise sold had cost $1,100. The customer paid the amount on June 15. What is the required journal entry to record the payment received under the periodic inventory system?
A) Accounts Receivable 1,568 Sales Discounts 32Cash 1,600 B) Accounts Receivable 1,600 Cash 1,600 C) Cash 1,568 Sales Discounts 32Accounts Receivable 1,600 D) Cash 1,600 Accounts Receivable 1,600
Moon Shoe Factory is an investment center and is responsible for all of their net income and the use of their assets. In 2010, the invested assets totaled $475,000 and net income was $115,000. What is to rate of return on assets?
A) 24.2% B) 25.0% C) 4.0% D) 413.0%