Leo Pty Ltd sells a printing press which has been used solely for income-producing purposes. The termination value of the press is $15000 and its cost was $42500. At the time of sale, the computer’s adjustable value is $9000.

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Management by Exception

A manager’s job is a very tough one. A manager needs to look at the various areas of work and as a manager he has to look after two or more important jobs or activities at the same time for the growth of the business. In order to do all these things in an effective manner, a manager must adopt or practice different management styles and tactics.