Answer:
The correct answer is letter "B": choosing among different strategies and altering them to best fit the organization's needs.
Explanation:
Strategy formulation implies setting different plans of how to accomplish corporate goals including all the resources necessary to reach the firm's achievements and selecting one of them as the most suitable for the organization by which profits can be maximized. The strategy formulation process involves:
- <em>Establishing goals
</em>
- <em>Evaluating the company's environment
</em>
- <em>Setting measurable targets
</em>
- <em>Aligning unit and corporate plans
</em>
- <em>Performance analysis
</em>
- <em>Selecting the best strategy</em>
Answer:
The principles of management are same.
Explanation:
Whatever industry the company is operating in, the way the company is managed is the same regardless the size, industry and motive of the company.
Answer and Explanation:
The adjusting entry is as follows:
Supplies expense Dr $2,200
To Supplies $2,200
(being the supplies expense is recorded)
Here the supplies expense is debited as it increased the expenses and credited the supplies as it decreased the assets
The computation is
= Opening supplies + purchased - closing supplies
= $1,500 + $2,900 - $2,200
= $2,200
Answer:
In QuickBooks Online Accountant, users with admin access and Firm Owners and have the authority to access of other users in the firm. The 3 levels of access that can be granted to Team users of QuickBooks Online Accountant are:
- <u>Full
:</u> these users have access to accounting features, and books such as edit, remove and add users.
- <u>Basic
:</u> These users have access to create and read accounting.
- <u>Custom:</u> These users can access administrative functions for the firm
, access to manage clients and access to client QuickBooks
.
Answer:
$9 million
Explanation:
Gross domestic product is defined as the total monetary value of all goods and services produced by a country in a given period. It is used to measure the countries wealth and economic growth .
GDP can be calculated based on expenditure, production, or by income.
Types of GDP measurements include real GDP, nominal GDP, GDP growth rate, and GDP per capita.
Gross domestic product= Total output - intermediate goods in production {products from Canada}
Gross domestic product= 10 million- 1 million
Gross domestic product= $9 million
