Answer:
It is not necessary to prepare any other budgets before preparing the Cash Budget.
Explanation:
- The cash budget is assumptions of the cash flow over a period of time and this budget is used to check the entity has a sufficient cash to operate. This process allows the company to forecast the cash needs throughout the year and changes to the roll forwards this technique does need any other budgeting technique to be made prior.
<u>Answer:</u>
<em>Sold product liability suit against the maker, alleging a design defect, the court may consider an available alternative design
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<u>Explanation:</u>
At the core of the idea of faulty item configuration exemplified in the Restatement (Third) of Torts: Product Liability is the accessibility of a sensible elective plan that could have diminished or kept away from the danger of mischief. In any case, a product might be defective, regardless of whether no sensible elective plan exists, if it neglects to give possible directions or warnings of a predictable danger of damage. An ongoing choice of the Massachusetts Appeals Court represents the use of these standards.
Raw materials are goods that are for processing which will result in finished products which are for sale.
The raw materials inventory includes the metal of $13,000 and the cloth of $6,000 or a total of $19,000. The $2,000 cleaning supplies do not fall under the classification of raw materials, instead, this falls under prepaid supplies and later reclassified to supplies expense once consumed.
Answer:
Russia became a member of the World Trade Organization in December 2011
Explanation:
To be effective a leader must understand the core aspects of the organization like value, attitudes and personalities.
In order for a leader to be effective, they have to be competent and have interpersonal approach to issues.
They need to have good skills such as good listening skills, honesty, ability to communicate openly, conflict resolution skills etc.
All of these are very important in the company in order to keep the whole organization going.
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