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3 years ago

Strategic management reflects the firm's actions to achieve its mission and vision as seen by its _________.

Business

1 answer:

Ratling [72]3 years ago

6 0

Answer:

Strategic Management reflects a firm's actions to achieve it's mission and vision as seen by it's achievement of specific goals and objectives.

Explanation:

Strategic Management is the management of an organization's resources in the most efficient manner to achieve it's goals and objectives.

Vision refers to where an organization wants to be in the future. It also includes the values that govern an organization's actions. It refers to what an organization wants to achieve in the long run.

Mission defines the approach or means by which an organization is going to achieve those objectives.

So, <em>Strategic Management reflects the actions or steps a firm undertakes towards achievement of it's specified goals and objectives</em>.

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For accounting errors, which of the below sentences is true?

Monica [59]

Answer:

The correct option is C

Explanation:

Accounting error is the type of error in the accounting which was not done intentionally but when spotted, the error need to be fixed immediately. And when there is no immediate solution for the error, an investigation is conducted in order to find out who caused the error.

The statement which is true is that they represent the fraud which usually result in the legal action to be taken.

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3 years ago

Provide the names of two (a) asset accounts, (b) liability accounts, and (c) equity accounts.

tamaranim1 [39]

Answer:

two (a) asset accounts

Cash and cash equivalents, which is the most liquid asset.
Inventory, which are the goods that the company buys or produces, to sell later on, and make a profit.

two libability accounts

Acconts payable, which is the money that the company owes.
Unearned revenue, which are revenues for goods or services that have not been delived yet.

two equity accounts

Common stock, the most typical form of equity.
Retained earnings, income that is left after paying dividends.

Explanation:

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3 years ago

A local college is deciding whether to conduct a campus beautification initiative that would involve various projects, such as p

Jet001 [13]

Answer:

Students believe that if the initiative does not happen, the funds for the initiative will not be spent elsewhere.

Explanation:

The visual appearance is both non rival and non excludable I.e. Pure public good

Benefit is 17*490=8.330

Benefit is greater than cost so college administrators should undertake the beautification initiative

7 0

3 years ago

the sale or maturity of investments in securities is a cash ____ activities section of the statement of cash flows

zvonat [6]

Answer:

Cash Inflow from Investing Activities

Explanation:

The Cash Flow from Investing Activities shows the cash flow resulting from acquisition and sale of Assets held by the Company. The sales of investments in securities imply the sale of an asset, hence it is a Cash Inflow from Investing Activities.

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3 years ago

Which is used as a tool for cost control in accounting

DerKrebs [107]

Answer:

Explanation:

Ratio analysis is used as an instrument of cost control in two ways: (i) Ratios can be used to compare the performance of a business firm between two periods. It helps to identify areas which need immediate attention. (ii) Besides, standard ratios are used to compare actual areas.

7 0

3 years ago

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