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Firdavs [7]
2 years ago
8

Which group of a corporation is responsible for running the day to day matters of the corporation?

Business
1 answer:
adelina 88 [10]2 years ago
4 0

Officers are all those individual people or staff who manage the corporation's day-to-day operations.

<h3>What are the responsibilities of corporate officers?</h3>

Officers of a corporate entity are important management executives who oversee the day-to-day operations of the company. They are appointed by and report to the board of directors, and they oversee specific industry functions based on their background and expertise.

<h3>Is indeed an officer the same as a director?</h3>

Everything You Have to Know About Officers vs. Directors When comparing an officer and a director, a director is a person who manages important business affairs, whereas officers oversee daily operations. Officers are also directly involved in the day-to-day management of the business.

To know more about responsibilities of corporate officers visit:

brainly.com/question/17205097

#SPJ4

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Earl and Mary form Crow Corporation. Earl transfers property, basis of $200,000 and value of $1,600,000, for 50 shares in Crow C
barxatty [35]

Answer: The correct answer is "c.Crow will have a business deduction of $120,000 for the value of the services Mary will render.".

Explanation: With respect to the transfers: Crow will have a business deduction of $120,000 for the value of the services Mary will render.

This is calculated by the difference between the value of the property contributed by Earl $1 600 000 and the value of the property contributed by Mary $1 480 000.

1 600 000 - 1 480 000 = $ 120 000.

4 0
3 years ago
Crossroad Corporation is trying to decide whether to invest to automate a production line. If the project is accepted, labor cos
barxatty [35]

Answer:

kaby lame

Explanation:

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8 0
3 years ago
1. When processing cash payments, the cashier accepts the check and cash payment from the
Tasya [4]

Answer:

That statement is true.

Explanation:

Most companies require this type of procedures to ensure that the employees wouldn't scam the customers during the transaction process.

Restating the total and the total changes allow the guests to conduct a self-calculation for the purchase, ensuring whether the price is suitable to the price tag that provided on the counter.  This prevent the employees from giving a higher price to the customers and taking the additional amount for themselves.

8 0
3 years ago
A firm practices the pure chase strategy. Production last quarter was 1000. Demand over the next four quarters is estimated to b
Galina-37 [17]

Answer:

The correct answer is $7,500

Explanation:

So, the hiring cost would be:

Hiring quater × hiring cost

= 300 × $20

= $6,000

Firing Cost would be:

Firing cost = 100 × $5

= $500

= 200 × $5

= $1,000

Therefore, the total hiring and firing cost = $6,000 + $500 + $1,000

= $7,500

7 0
3 years ago
When an auctioneer decides that no one will bid any higher for the goods on sale, the bidding is closed, usually by
Black_prince [1.1K]

Answer:

True

Explanation:

An auction is defined as a public sale of properties that considers bids from prospective buyers.

The highest bidder eventually makes the purchase.

The auctioneer calls for bids and when there is an unchallenged bid he pounds the gavel to indicate the item has been sold.

The auctioneer is the seller himself of am agent representing him.

At the start of the auction the seller sets a minimum price before bidding commences

8 0
3 years ago
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