Every cooperative board of directors is charged with both protecting and utilizing the resources of the cooperative for its members. This simply stated prime directive is far from a simple task.
Balancing the needs of the member with the needs of the cooperative’s balance sheet is a tricky proposition at best. Establishing margins to cover actual costs along with additional net savings that will allow for future growth of services can be difficult, but past performance – together with reasonable expectations and realistic optimism – should drive financial projections.
With the help of the cooperative’s management, boards develop and approve business plans that will meet the organization’s goals. Most planning cycles are conducted annually, creating a budget that anticipates surpluses. New projects offering better services or products are financed along with long-term financing, either with new injections of capital or long-term borrowings. Unrealistic long-term financing projections can seriously interrupt the monthly and daily operations of a cooperative, therefore, understanding how current assets and liability affect the cash to cash cycle is a critical piece of knowledge that any board member needs. Current assets consist of cash, inventories and accounts receivable. Current liabilities include accounts payable for goods and services and the current portion of long or immediate term debt.
Meiosis produces haploid gametes (ova or sperm) that contain one set of 23 chromosomes. When two gametes (an egg and a sperm) fuse, the resulting zygote is once again diploid, with the mother and father each contributing 23 chromosomes.
Answer:
b. The defendant's conduct was the proximate cause of the plaintiff's emotional distress
Explanation:
The act must be intentional, offensive and it could not possibly be considered as a mistake or joke which led to emotional distress in the plaintiff. That is, the emotional distress experienced by the plaintiff must be linked to the conducts/actions of the defendant,
Answer:
justice
Explanation:
the Belmont report summarizes 3 principles for studies involving human subjects, these are; respect for persons, beneficience and justice.
the principle of justice demands that when studying a particular group it must have been assertained that the problem in prevalent in that ethnic group and that reasonable, non-exploitative, and well-considered procedures are administered fairly
