If a product is targeted to a risk-seeking individual who is college educated,

Sebastian, an employee, understands that he has great potential after taking a self-assessment test at his company. He decides t

tiny-mole [99]

<h2>Sebastian is employing <u>Goal setting</u> as a mechanism of career management.</h2>

Explanation:

<u>Goal setting:</u>

Serve as a base for "Human resource Planning"

It is proven that those employees who have goal setting will show good performance on their job.
This will directly or indirectly promote the organization
We can achieve organizational goals too
Goal setting techniques are used by successful people around the world
This might even be a favorite interview questions because the HR can understand how effective the employee would be for the organization.

5 0

2 years ago

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Robert Wilkins has prepared the following list of statements about process cost accounting. Identify each statement as true or f

Alex17521 [72]

Answer:

Identification of True or False Statements:

1. Process cost systems are used to apply costs to similar products that are mass-produced in a continuous fashion.

A. True

2. A process cost system is used when each finished unit is indistinguishable from another.

A. True

3. Companies that produce soft drinks, movies, and computer chips would all use process cost accounting.

A. True

4. In a process cost system, costs are tracked by individual jobs.select between

False

5.Job order costing and process costing track different manufacturing cost elements.

B. False

6. Both job order costing and process costing account for direct materials, direct labor, and manufacturing overhead.

A. True

7. Costs flow through the accounts in the same basic way for both job order costing and process costing.

A. True

8. In a process cost system, only one work in process account is used.

A. True

9. In a process cost system, costs are summarized in a job cost sheet.

B. False

10. In a process cost system, the unit cost is total manufacturing costs for the period divided by the equivalent units produced during the period.

A. True

Explanation:

A process costing system is a method of collecting and assigning manufacturing costs to the units produced. It is used by companies that produce similar or identical units of product in batches employing a consistent process. The unit cost is arrived at by averaging units produced to the total cost of the process.

5 0

2 years ago

Burger King is a cash-basis taxpayer but maintains its financial accounting records using full

tekilochka [14]

Answer:

Defining current and deferred tax first;

Current Tax - Current tax is the amount of Income Tax determined to be payable in respect of taxable income for a period.

Deferred Tax - Deferred tax is the tax effect of the timing difference. The difference between the tax expenses (which is calculated on an accrual basis) and current tax liability to be paid for a particular period as per Federal Income Tax Law is called deferred tax (asset/liability). That is why Tax Expenses + Current Tax + Deferred Tax

on the basis of the above explanations the question has been solved below:-

Particulars Amount

Current Year Income as per financial accounting $ 48,000

Current Year Taxable Income as Income Tax Laws $ 38,000

Current Year Tax Payable on Income Taxable under Federal Income Tax Laws $ 5,600

Current Year Tax Payable on Income as per financial accounting $ 7,600

Deferred Tax Asset to be recorded in Books of Accounts $ 2,000

Tax Rate to be used to record Deferred Tax Asset in Books = 20%

5 0

2 years ago

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Helpful team members strive to resolve differences and encourage a warm, supportive climate by praising and agreeing with others

Salsk061 [2.6K]

Answer:

The statement is: True.

Explanation:

<em>Helpful team members</em> are those who take advantage of their expertise to help the team achieve its goals faster or at least at the expected time. More than troublemakers they are problem solvers. Helpful team members act proactively, tend do be charismatic and enthusiastic, and motivate others to continue working towards a common goal.

7 0

2 years ago

Informational reports provide summaries and describe recurring activities as well as situational, nonrecurring events. They deli

boyakko [2]

Answer:

Part - 1.

Informational reports need details to get frequently visible. As long as we have a tendency to view the report it supports to achieve higher appreciative simply with none ambiguity.

Part - 2.

Headings are the actual fundamental cue; will this assessment report help to assist the reader. Headings aggravates interest and increases considerations, smart heading will increase usability. Thus, the reader will examine the page additional efficiently and in less period.

Part - 3.

It precises in condensed, easy-to-read design is taken into account as an efficient regarding the requirements segment of the commotion report.

Part - 4.

When establishing the report, the subsequent are the facts to be bear in mind.

Attention on 3 to 5 areas which will attention your reader.
Adjacent by creating the worth of the journey.
Use written account sequencing.

Part - 5.

The continuity in the project usually need development or provisional reports to explain their standing however not issues. Therefore, progress reports don't argue issues.

Part - 6.

In the facts finding report it might be a style of short informational report that have requested to put in writing. As, this report is entirely targeted on planned tax improvements and it have an effect on, this may be a fact finding report.

5 0

2 years ago