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question 4

Short Answer


Insert the correct response. Reduce ratios and fractions to the lowest terms.
-Change 44:88 to a percent. ____________________

Appreciate the necessity for organizations to adapt and innovate for survival and effectiveness.
Describe the process and significance of effective human resources management in organizations.
Recognize the difference between management and organizational behavior, understanding their distinct roles in organizational effectiveness.
Comprehend the importance of studying and managing organizational behavior to predict, explain, and improve organizational performance.

Definitions:

Underapplied Manufacturing Overhead

The condition in which the manufacturing overhead costs assigned are lower than the real overhead costs that have been incurred.

Overapplied Manufacturing Overhead

A situation where the allocated manufacturing overhead costs are more than the actual overhead costs incurred.

Debit

An entry recorded on the left side of an accounting ledger that increases an asset or expense account, or decreases a liability or equity account.

Credit

An accounting entry that increases liability or equity accounts, or decreases asset or expense accounts.

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