Would you expect the ceo to know if the advertising manager

Assignment Help Accounting Basics
Reference no: EM13572718

LiPari Personnel Services Company has two operating divisions. The Clerical Services division places (finds jobs for) people who have clerical skills; the Computer Services division places individuals who have computer programming skills. A secretarial labor pool provides support to both divisions. Each of the two operating divisions has an Employee Search department that locates individuals seeking jobs and a Client Services department that identifies and serves companies seeking employees. LiPari has a chief executive officer (CEO) and a vice-president of operations. The vice-president of operations reports to the CEO and the managers of the two operating divisions report to the vice-president. LiPari also employs an administrative manager. The manager of the secretarial labor pool and an advertising manager report to the administrative manager, who reports to the CEO.

Required

a.Develop an organization chart that shows reasonable lines of authority for the primary responsibility centers of the LiPari Personnel Services Company.

b.Classify the responsibility centers shown on your organization chart as cost centers, profit centers, or investment centers.

c. Would you expect the CEO to know if the advertising manager is paying too much for radio advertising? Explain. Include a discussion of the decentralization concept.

Reference no: EM13572718

Questions Cloud

Determine the amount of the variances for the above costs : sweeney companys 2014 responsibility accounting report includes the followingper unit variable
Joe makes a gift of assets with a fair market value of : joe makes a gift of assets with a fair market value of 400000 to his sister in 2009. he has made annual gifts of 50000
Talbot industries is considering an expansion project the : talbot industries is considering an expansion project. the necessary equipment could be purchased for 9 million and the
Pablo picasso once wrote painting is not done to decorate : pablo picasso once wrote painting is not done to decorate apartments it is an instrument of war. regardless of whether
Would you expect the ceo to know if the advertising manager : lipari personnel services company has two operating divisions. the clerical services division places finds jobs for
Erika and kitty who are twins just received 10000 each for : erika and kitty who are twins just received 10000 each for their 22th birthdays. they both have aspirations to become
How much money would have to be deposited every quarter if : how much money would have to be deposited every quarter if a company wants to have 75000 at the end of three years .
Beckman engineering and associates bea is considering a : beckman engineering and associates bea is considering a change in its capital structure. bea currently has 20 million
Growth rates find the sustainable and internal growth : growth rates. find the sustainable and internal growth rates for a firm with the following ratiosasset turnover is 1.40

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd