The author used his word choice to darken the tone of this excerpt.
Answer:
False
- At MultiMarkets, a chain of retail stores, top management decided to respond to the growing challenge of online retail websites with <u>DECENTRALIZED</u> planning , using planning experts to help store managers develop their own plans.
Explanation:
In a corporation, decentralized planning means that some planning functions and decision making processes are delegated to lower level managers.
In this case, MultiMarkets' upper management is delegating planning functions to local store managers as a way to respond to an increase in online retailing.
Answer:
Balance Sheet / Statement of Financial position is used to measure the current financial position of the company.
Explanation:
Balance Sheet / Statement of Financial position is used to measure the current financial position of the company. It shows the value of assets liabilities and capital invested in the company. It also provides the net financial value of the company after paying all the liabilities. On the other hand the Income statement or Statement of Financial performance shows the performance of the company in a specified period of time.
someone who's mad and wierd like me......
Answer:
Customer satisfaction and complaint reports should be excluded from financial reports.
Explanation:
Customer satisfaction and complaints report is a marketing report, it determines how the products and services provided by a company meet or exceed customer expectations. Customer expectitions are not the same for each customer, and can't be measured and registered in a financial report.
Financial reports are those comply certain assumptions such as:
Accrual assumption.
Consistency assumption.
Economic entity assumption.
Reliability assumption.
Time period assumption.
Among others.
