Evaluate the impact of the bureaucratic leadership style on a business
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Leadership would be very formal and strict. Managers would expect their subordinates to conform to the system that they implement and follow it to the letter. This is a very tight style of management where the employees have to adapt to the management if they want to stay employed.
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ACCT 163 - Office Equipment
Debit - 8,000
d. The computer system, acquired on October 1, is expected to have a four-year life with no salvage value.
e. The office equipment, acquired on October 1, is expected to have a five-year life with no salvage value.
WHAT IS THE JOURNAL ENTRY FOR D & E????? I have the correct accounts, I just can't figure out the amounts....
d Depreciation expense—Computer equipment
Accumulated depreciation—Computer equipment
e Depreciation expense—Office equipment
Accumulated depreciation—Office equipment
Answers
d. The depreciation expense-computer equipment will be debited, and accumulated depreciation will be credited with $5,600.
e. The depreciation expenses-office equipment will be debited, and accumulated depreciation will be credited with $1,600.
Further Explanation:
Depreciation:
Depreciation refers to the allocation of the cost of the physical asset over the useful life of the asset. The depreciation is a non-cash expense of the business. The value of the asset decreases as the business uses the asset for the operating activities. The normal wear and tear in the value of the asset are recorded as the depreciation. The depreciation can be calculated as follows:
Journal entry for the depreciation of computer system and office equipment:
The depreciation expense-computer equipment will be debited, and accumulated depreciation will be credited with $5,600.
The depreciation expenses-office equipment will be debited, and accumulated depreciation will be credited with $1,600.
Working notes:
Calculate the annual deprecation for computer depreciation:
Calculate the annual depreciation on office equipment:
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Answer Details:
Grade: Middle school
Chapter: Depreciation
Subject: Accounting
Keywords: computer, system, acquired, October, expected, have, four-year, life, salvage, value, office, equipment, acquired, October 1, five-year life, no, salvage value.
Final answer:
The journal entries to record depreciation expense for computer equipment and office equipment acquired on October 1 are $1,400 for computer equipment and $400 for office equipment, corresponding to three months of depreciation in the first year.
Explanation:
The journal entry to record depreciation for both computer equipment and office equipment on October 1 should include the depreciation expense for the first year of use and the corresponding accumulated depreciation for each asset. To calculate the depreciation expense for the computer system with a cost of $22,400 and a 4-year life, divide the initial cost by the number of years to find the annual depreciation, which is $5,600 (22,400 ÷ 4). Since the equipment was acquired on October 1, only 3 months of depreciation should be recorded for the current year. Therefore, the depreciation expense for the three months is $5,600 ÷ 12 months x 3 months = $1,400.
The office equipment with a cost of $8,000 and a 5-year life, would have an annual depreciation of $1,600 (8,000 ÷ 5). Similarly, only 3 months' worth is considered for the first year, giving a depreciation expense of $1,600 ÷ 12 months x 3 months = $400.
The journal entries would look like this:
- Depreciation expense—Computer equipment $1,400
- Accumulated depreciation—Computer equipment $1,400
- Depreciation expense—Office equipment $400
- Accumulated depreciation—Office equipment $400
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Answer:
Dedicate the property for the school.
Explanation:
In this scenario Greater Florida Builders wants to build a 450-acre housing development. But before getting approval to commence the project the local zoning commission requires the Greater Florida Builders to dedicate a property to the school before it agrees to their proposal.
Local zoning commissions are locally elected government board that recommends to the city council the boundaries of various housing projects and ensuring these boundaries are enforced.
They also apply measures that segregates business property from residential property.
Final answer:
Greater Florida Builders has been required to dedicate a portion of their land for a new school. Dedication is a legal term used in real estate development implying a voluntary offering of land for public use.
Explanation:
In the scenario, Greater Florida Builders has been required to engage in a process commonly referred to as dedication. Dedication is a legal term used in real estate development, where a property owner voluntarily gives the right of a specific proportion of land to the government for public use. In this case, the zoning commission has required Greater Florida Builders to dedicate a portion of their acreage for the construction of a new school within the housing development.
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B) Solid performers
C) Deadwood
D) Nonessential
E) Misdirected effort
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Answer: C
Explanation: The deadwood employee is the one who habitually does the minimum amount to get by, often blaming others or the “system” when there are problems. They may have ‘retired on the job,’ or lost motivation to work, like spreading gossip and rumours somas not to put in the required energy to work or they are just generaaly lazy folks.
Answer: A - Underutilizers
Explanation:Underutilizers are those employees that are not working up to their capabilities intellectually. They usually look for ways to avaoid work. That is why employees performance improvement measures for the "underutilizers" are necessary in making them more dedicated and committed in their duties. Example of such measures are demotion, withholding of pay and outplacement.
b) extinction punishment
c) negative reinforcement
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Answer: The correct answer is "b) extinction punishment".
Explanation: This scenario typically illustrates the reinforcement contingency ofextinction punishment.
Because the company in deciding not to reward managers this time, is extinguishing the benefit they had, in the form of punishment for the poor performance of the company.
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Here are some factors that will positively influence team level :
- More Experience
- More Experts in their field
- A hardworking and Positive personalities
Teams with higher level will be more likely to have more capabilities to face wide variety of difficult problems