1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
earnstyle [38]
4 years ago
11

The managerial function of ______ involves monitoring performance, comparing it to goals, and taking corrective action when need

ed.
Business
1 answer:
sleet_krkn [62]4 years ago
3 0

Answer:

Controlling

Explanation:

Out of the many functions of management, controlling is an important managerial function. Controlling can be referred to as a managerial function that enables the achievement of results as it relates to set goals. This function involves the measurement of progress for the purpose of achieving organizational goals. It helps to ensure that subordinates and managers inclusive are doing what is necessary, identify errors and take corrective measures to meet up to the standard.

You might be interested in
A financial analyst discovers that Stark Industries has been inappropriately capitalising R&D costs in each year and amortiz
Anvisha [2.4K]

Answer:

Stark Industries

a. Amount of total asset overstatement and expense understatement:

Total Asset and Expense Misstatements:

                  Assets                            Expenses

              Overstatement                  Understatement  

2017        $24m ($24m -$0)             $24m  

2018        $46m (24 -8 + 30)m         $22m ($30m- $8m)

2019       $64m (46 -18 + 36)m        $18m ($36m - $18m)

b. The Retained Earnings account will be misstated as a result of the above accounting treatment at the end of fiscal 2019.

c. Journal Entries:

June 30, 2019:

Debit R&D expense $82m

Credit Total assets $64m

Credit Amortization Expense $18m

To correct the R&D amortization and inappropriate capitalization.

Explanation:

a) Data and Calculations:

30 June 2019:

Total assets = $280m

Net income = $20m

             Amortization      R&D              Amount

               Expense         Costs          Capitalized

2017             $0               $24m          $24m ($24m - $0)

2018            $8m             $30m          $46m ($24m - $8m + $30m)

2019           $18m            $36m          $64m ($46m - $18m + $36m)

Calculation of amortization expenses:

2017 R&D costs =  $24m/3 = $8m

2018 R&D costs = $30m/3 = $10m

2019 R&D costs = $36m/3 =$12m

8 0
3 years ago
Jane ran 23/10 miles. what is this fraction as a mixed number
scoray [572]
2 3/10 miles is the answer.
7 0
4 years ago
Read 2 more answers
jet costs and is expected to fly miles during its ​-year life. Residual value is expected to be zero because the plane was used
KiRa [710]

Answer: c. $3,960,000‬

Explanation:

Using the units-of-production method of depreciation, depreciation is done per unit used.

With a residual value of zero, the formula is;

= Cost x Millage used / Useful life mileage

= 55,000,000 x 36,000,000/500,000,000

= $3,960,000‬

4 0
4 years ago
Exercise B: Assume you had invested $1,000 in a lawn mower to set up a lawn mowing business for the summer. During the first wee
andrew11 [14]

Answer:

\left[\begin{array}{cccc}&$mow grounds&$paint garage&$Differential\\$Revenue&1400&1360&\\$Cost&-160&-80&\\$Net &1240&1280&-40\\\end{array}\right]

It is better to paint the garage this week as provide better relevant yield.

Explanation:

The 1,000 invested in the law mower ware sunk cost as it is already incurred. After this week we will be still be able to take jobs ralated to the lawn mower.

We must base our analysis in the future cost associate with each alternative.

These are the revenue of each job and the additional cost.

The transportation as they are equal to both alternative are disregarded.

4 0
3 years ago
When bonds are sold at a premium, if the annual straight-line amortization amount is compared to the annual effective interest a
Tasya [4]

Answer:

When a company uses the straight line amortization of bond premiums, the total amount of interest expense will be equal to the expense calculated using the effective interest method.

The advantage of using the straight line amortization is that it is a much simpler method. Under this method, the bond's premium is amortized over the life of the bond.

8 0
3 years ago
Other questions:
  • Daniel Franco, a free-lance gaming consultant and blogger, needed a new gaming system for his business. After some lengthy revie
    10·1 answer
  • When a third party knows that an agent is acting on behalf of a principal, but does not know the identity of the principal, the
    6·1 answer
  • When are you allowed to stand on the top ladder
    15·1 answer
  • A little over __________ of all employees now work more than 40 hours per week.
    12·1 answer
  • Which statement below is​ FALSE?
    7·1 answer
  • 12. Epitome Healthcare has just borrowed $1,000,000 on a five-year, annual payment term loan at a 15 percent rate. The first pay
    12·1 answer
  • If the balance of the Buildings account was $68800 and $5400 of Accounts Payable were paid in cash, what would be the balance of
    10·1 answer
  • (This problem combines material in Chapters 2 and 3.) You purchase a stock for $50 and sell the stock for $70 after three years.
    10·1 answer
  • As chief financial officer, you want to send the fourth quarter profit/loss spreadsheets to the president of the company. How ca
    14·1 answer
  • A _____ is conducted by marketing researchers to provide background information on other organizations that may have faced simil
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!