Manke Company Owns a 90% Interest in Neske Company

question 7

Multiple Choice

Manke Company owns a 90% interest in Neske Company.Neske, in turn, owns a 10% interest in Manke.Neske has 10,000 common stock shares outstanding, and Manke has 20,000 common stock shares outstanding.How many shares would each firm show as outstanding in the consolidated balance sheet, under the treasury stock method?

• A)​Manke, 20,000
• B)​Manke, 20,000; Neske, 1,000
• C)​Manke, 18,000; Neske, 1,000
• D)​Manke, 18,000

Identify and differentiate between types of organizational controls.

Understand the concept and importance of unity of command in organizational structure.

Distinguish between line and staff units within an organization.

Comprehend the hierarchy of authority and its significance in organizing work positions.

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Definitions:

Adaptation

The process of adjusting to new conditions or environments.

Managerial Assignment

Tasks or responsibilities assigned to managers or supervisory positions within an organization.

Balance Sheet Approach

A method in international human resource management that aims to equalize the purchasing power of employees working abroad to that of employees in the home country.

Expatriate Compensation

The package of salary, benefits, allowances, and incentives offered to employees who are sent to work in a foreign country by their employer.