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vampirchik [111]
2 years ago
9

True or false: Controlling involves developing goals and preparing various budgets to achieve those goals.

Business
1 answer:
Radda [10]2 years ago
7 0

False, Planning involves developing goals and preparing various budgets to achieve those goals not controlling

Controlling involves determining if goals have been followed and taking corrective measures

Control is a management feature that helps you check for errors in order to take corrective action. This is done to minimize deviations from standards and ensure that the organization's set goals are achieved in the desired way.

The corporate governance management process is when managers define, measure, improve and manage cost management of their business operations. Control processes allow enterprises to manage changes in their supply chain, customer demand, and other variables that affect their lives.

Learn about controlling function here:brainly.com/question/22691648

#SPJ1

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It took her 9 more months but Marina has managed to save the full $650 plus more to cover fees to pay off the pay-day loan compa
kondaur [170]
Considering the 47% APR which is compounded daily, after 9 months or 275 days Marina should pay $925.98 to pay off her loan.
7 0
3 years ago
After all of the account balances have been extended to the Balance Sheet columns of the end-of-period spreadsheet, the totals o
SOVA2 [1]

Answer:

This indicates that

d.the company has a net loss of $9,575 for the period.

Explanation:

a) Data and Calculations:

Total debits of the balance sheet (assets) = $28,480

Total credits of the balance sheet (liabilities + equity) = $38,055

Difference (net loss) = $9,575 ($38,055 - $28,480)

b) With the determination of the net loss of $9,575, the two sides (debits and credits) of the balance sheet will equal.  This is because the net loss of $9,575 will reduce the credits from $38,055 to $28,480.

5 0
3 years ago
Before year-end adjusting entries, Dunn Company's account balances at December 31, 2014, for accounts receivable and the related
nlexa [21]

Answer: $1,075,000

 

Explanation: When a current or fixed asset is held in inventory, the worth at which it is recorded in accounting is called its net realizable value. In the given case, the net realizable value could be computed using following formula  :-

Net realizable value = Balance of receivable on Dec 31 - expected                                                                                                                                                                                 uncollectibles          

Putting the values into equation we get :-

Net realizable value = $1,200,000 - $125,000

                                   = $1,075,000

                       

5 0
3 years ago
Currently, a firm has an EPS of $2.08 and a benchmark PE of 12.7. Earnings are expected to grow by 3.8 percent annually. What is
Dennis_Churaev [7]

Answer:

26.42

Explanation:

A firm has an EPS of $2.08

The benchmark PE is 12.7

The growth rate is 3.8 percent

Therefore the estimated current stock price can be calculated as follows

= 2.08×12.7

= 26.42

7 0
3 years ago
Eisenhower Corporation purchased a patent for $1,850,000 on November 30, 2015. It has a remaining legal life of 18 years. Eisenh
adoni [48]

Answer:

The correct option is c $1,593,056.

Explanation:

Patent : The patent is an intangible asset in which amortization is to be charged every year till its useful life. An intangible asset is also known as long term asset which cannot be seen or even touched.

As in the given question the patent is purchased on November 30 but we have to reported on the December 31, 2015, so the total months between them is 25 months.

And, the remaining useful life of patent is 15 years we have to convert the years into months .

So, 15 × 12 months in a year = 180 months.

Since, for 180 months the $1,850,000 is given, we have to compute for 25 months. The computation is shown below:

= ($1,850,000 × 25) ÷ 180

= $256,944

Hence, the balance would be Purchase cost - amortization expense

= $1,850,000 - $256,944

= $1,593,056

Thus, the correct option is c $1,593,056.

3 0
3 years ago
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