Answer:<em> Option (b) is correct.</em>
From the given options , the following is an example of shadowing:<em> Three young interns practicing under the guidance of an experienced surgeon. </em>
<em>Shadowing here refers to on-the-job learning program. It also includes development program related to career and leadership. This also involves working with individuals who might have different work, or might have to teach the individual about aspects related to the work, business or competencies. </em>
When managers delegate work, three transfers occur. the three transfers are responsibility, authority, and accountability
Answer:
$460,000 decrease
Explanation:
The computation of TLC's estimated change in revenues next year is shown below:-
TLC's estimated change in revenues next year = ((Consumer loan × Interest rate) + (Home equity loan × Interest rate) + (Corporate securities × Interest rate)) - ((Increased consumer loan × Decrease rate) + (Increase equity loan × Interest rate) + (Corporate securities × (1 - decreased percentage) × average interest rate))
= (($35.0 million × 0.12) + ($30.0 million × 0.O8) + ($5.0 million × 0.06)) - (($40.0 million × 0.10) +($32.0 million × 0.065) + (5 million × (1 - 20%) × 0.09))
=$6,900,000 - $6,440,000
= $460,000 decrease
Therefore for computing the TLC's estimated change in revenues next year we simply applied the above formula.
Management accounting is the process of measuring and
analyzing financial and non-financial information that is relevant to the
company. This is an important part of the
Controller’s function in an organization since the Controller directly reports
to the chief financial officer. The report contains pieces of information which
contributes in making strategic decisions to achieve the goal of the
organization.
