Answer:
Yes. Certain kinds of firms do need to stress particular areas of operations management. Operations management is a vast area which consists of several departments such as supply chain management, logistic management, warehouse management, data management, inventory management and etc.
Companies, depending upon the kind of product and services they are supplying, need to figure out which department they are lacking in and should stress upon it.
For example shipment companies might need to focus on logistical affairs to strengthen their services.
Answer:
c. Dividends
Explanation:
Whenever, dividends are recorded as a liability then that amount is charged against retained earnings, but the final entry for payment of dividend =
Dividend A/c Dr. $670
To Cash A/c. $670
Also at the time of recording as an expense, entry will be
Retained Earnings A/c Dr. $670
To Dividend A/c $670
Since retained earning balance will be reduced and finally cash balance will also be reduced.
Therefore, entry for payment will include debit to
c. Dividends
Answer:
D.net income (loss), common stock, and dividends
Explanation:
Stockholder´s equity statement: It is a financial statement that shows all the changes in the value of stockholder´s equity in a particular period of time. It includes comprehensive income, unlike the income statement. It helps in knowing the position of equity.
Statement of shareholder´s equity include the following components:
- Share capital.
- Retained earning.
- Income and dividend.
These three component affect the following item in the statement:
- Issue of share capital.
- Payment of dividends.
- Change in net income.
- Bonus share issue.
- Sale of treasury stock.
- Foreign Exchange.
- Fixed asset revaluation.
Answer:
a deficit budget
Explanation:
A budget is a plan detailing how an individual, a firm, or a government will spend its anticipated revenue. In short, a budget is a plan of expenditure. Budgets are usually prepared at the beginning of a period to guide the use of available resources.
An ideal situation is when the planned expenditure equal to the expected income. Such a plan is called a balanced budget. However, in some circumstances, the planned expenditure exceeds the projected income. That budget is a deficit budget.
The economy usually enters into DEMAND PULL INFLATION. This situation is usually describes as too much money chasing too few goods. Demand pull inflation is characterized by increase in the prices of goods and services, increase in real gross domestic product and decrease in unemployment.
