Relevant interventions do not need acceptance or ownership from organization members

When decision makers seek out information that reaffirms their past choices and discount information that contradicts past judgm

lozanna [386]

Answer:

They are exhibiting confirmation bias

Explanation:

Confirmation bias occurs when a person discards information that does not validate his pre-existing beliefs, and only takes into account the information that does validate those same pre-existing beliefs.

If a decision maker only seeks out information that does not contradict their past judgments, they are exhibiting confimation bias because they are preventing their past judgments and views from being challenged.

3 0

2 years ago

Minor Company installs a machine in its factory at the beginning of the year at a cost of $135,000. The machine's useful life is

meriva

Answer:

depreciation expense = $25800 debit

accumulated depreciation = $25800 credit

Explanation:

given data

beginning of the year cost = $135,000

useful life = 5 years

product = 300,000 units

salvage value = $15,000

1st year machine produce = 64,500 units

to find out

machines first year depreciation

solution

we get here machines first year depreciation that is express as

machines depreciation = ( depreciation base ÷ estimate unit produce ) × no of unit produce in 1st year ...................1

put here value we get

machines depreciation = $\frac{135000-15000}{300000}$ × 64500

machines depreciation = $25800

so here

depreciation expense = $25800 debit

accumulated depreciation = $25800 credit

3 0

1 year ago

The following journal entries were prepared by an employee of International Marketing Company who does not have an adequate know

Helen [10]

Answer:

April 1st

accounts receivable 15,800 debit

accounts payable 15,800 credit

_____________________________________

telephone expense 1,200 debit

cash 1,200 credit

_____________________________________

cash 9,500 debit

equipment 8,200 credit

supplies 900 credit

-- to eliminate a wrong post---

supplies 900 debit

equipment 8,200 debit

cash 9,500 credit

--to record the correct transaction--

___________________________________

Net effect on assets:

AR 15,800

Cash Decrease by 1,000

Explanation:

April 1st: we should use account receivable as we are going to receive cash in the future. We aren't going to pay it.

this will increase assets by 15,800 rather than decrease liabilities.

April 2nd: It should be backwards.

the effect will be a decrease in cash for 1,200 (600 to amend the mistake and 600 to show a disbursement

April 3rd we should decrease cash by 400 as the sum of the purchase is 9,100 not 9,500

As we can't you put a debit on cash we reverse the wrong entry adn do the proper one.

Real effect:

7 0

2 years ago

Read 2 more answers

Aliyah made a payment in the amount of $47.93. She’ll use the check register to record her transaction. What will be her new bal

Svet_ta [14]

Answer: $1295.02

Explanation:

Check register is a book which shows the list of transactions that has taken place using the checking account. Individuals can have a record of these transactions and they can update them when transactions take place. Withdrawals and deposits to the account can be recorded also the transactions which have not yet hit the account can also be recorded.

Check register shows the balance amount that is available in the account and which can be spent by the individual. Aliyah's account has a balance of $1342.95 after her payment of $47.93 she will have a balance of $1295.02.

7 0

1 year ago

Lightfoot Company sells its product for $55 per unit and has variable costs of $30 per unit. Total fixed costs are $25,000. Supp

soldi70 [24.7K]

Answer:

The Break-even point in units will increase by 250 units.

Explanation:

Giving the following information:

Fixed costs= $25,000

Selling price= $55

Unitary varaible cost= $30

First, we need to calculate the current break-even point in units:

Break-even point in units= fixed costs/ contribution margin per unit

Break-even point in units= 25,000 / 25

Break-even point in units= 1,000

Now, the new Break-even point in units:

Break-even point in units= 25,000 / (55 - 35)

Break-even point in units= 1,250

The Break-even point in units will increase by 250 units.

7 0

1 year ago