Answer:
Fiedler's contingency model would classify Jack as task structure oriented.
Explanation:
According to Fiedler's contingency model
Task Structure refers to the extent to which group tasks are clear and structured.
It can structured and unstructured
When task structure is unstructured or low, group tasks are vague. There is no clear solution or correct approach to complete the goal.
In contrast, when task structure is structured or high, the objective is clear. Employees have a clear idea about the how to approach and reach the company's goal
Jack' approach that emphasizes to his people that the work must be done, regardless of circumstances, and encourages his employees to meet their sales quotas is categorized under task structure.
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Answer:
Compensation expense for 2022 and 2023 are $12 million and $16 million respectively.
Explanation:
Total compensation expenses = Number of options × Option fair of value = 15 million × $4 = $60 million
Number of years the option is allowed to be exercised = January 1, 2021 to December 31, 2023 = 3 years
Annual compensation expenses = Total compensation expenses ÷ Number of years the option is allowed to be exercised = $60 million ÷ 3 = $20 million
That shows that $20 million is recognized as compensation expenses in 2021.
As there is a 20% forfeiture of the options due to an unexpected turnover, total compensation expenses reduces to:
New total compensation expenses = $60 million × (100% - 20%) = $48 million
Accumulated expenses in 2022 = ($48 million ÷ 3) × 2 = $32 million
Compensation expenses recognized in 2022 = Accumulated expenses in 2022 - Compensation expenses already recognized in 2021 = $32 million - $20 million = $12 million
Compensation expenses recognized in 2023 = $48 million ÷ 3 = $16 million
Therefore, compensation expense for 2022 and 2023 are $12 million and $16 million respectively.
Answer:
a default setting for displaying all the data in a table
Explanation:
Datasheet View is default settings in Database Management System, which allows access to view the displayed data organized in columns and rows similar to an excel worksheet.
It also allow options for enter, delete or modify the data in a table.
Hence, in this case, the best idea that explains the Datasheet view is a default setting for displaying all the data in a table
Answer:
At the time of purchase of raw material inventory,
Raw material inventory account will debit and accounts payable account will credit.
Therefore, the Journal entry for this transaction is as follows:
Raw Materials Inventory Account Dr. $36,000
To Accounts Payable $36,000
(To record the purchase of raw material on account)
Workings:
Raw material Inventory = Units of raw material purchased × Price per unit
= 6,000 × $6
= $36,000