The Following Totals for the Month of June Were Taken

question 97

Multiple Choice

The following totals for the month of June were taken from the payroll register of Parks Company. $$\begin{array}{ll}\text {salaries and wages }&\$80,000\\\text { FICA taxes withheld}&6,132\\\text { income taxes withheld}&17,600\\\text {medical insurance deductions }&3,200\end{array}$$
The entry to record the payment of net payroll would include a

• A) debit to Salaries and Wages Payable for $48,428.
• B) debit to Salaries and Wages Payable for $53,068.
• C) debit to Salaries and Wages Payable for $49,068.
• D) credit to Cash for $49,068.

Understand the causes and effects of organizational inertia and how perceived threats can both motivate and hinder change.

Recognize the relationship between environmental dynamics and the necessity for organizational change, including the degree of change needed for effectiveness.

Identify the reasons for the failure of organizational change programs, emphasizing the importance of proper diagnosis, change management, and cultural adjustments.

Relate the concepts of unfreezing, change, and refreezing in the context of organizational development and change processes.

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Definitions:

Merger

The combination of two or more companies into a single entity, often to enhance competitiveness and efficiency.

Learning Curves

A phenomenon in which experience leads to learning meaning that current production lowers future costs.

Economies Of Scope

Cost advantages that enterprises obtain by producing a wide variety of products, rather than specializing in the production of a single product or a very few products.

Economies Of Scale

A situation where the cost per unit of output decreases as the scale of production increases.