The Accounts and Balances Shown Below Were Gathered from Pastel

question 11

Multiple Choice

The accounts and balances shown below were gathered from Pastel Corporation's trial balance on December 31,2014.All adjusting entries have been made.

-See information for Pastel Corporation above.The amount that should be reported as current liabilities on Pastel Corporation's balance sheet is

• A) $73,200.
• B) $91,800.
• C) $87,200.
• D) $238,800.

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Definitions:

Delegating Decision Making

The process by which authority to make certain decisions is transferred from one individual, often a manager, to another person or group.

Integration

The process of combining separate parts or elements into a whole, often used in the context of systems, businesses, and technologies to improve efficiency or coherence.

Common Goals

Objectives shared by members of a group that provide a common direction and unite their efforts.

Mechanistic Organization

A highly structured and formal organization, often characterized by centralized decision-making and a rigid hierarchy.