Answer:
a. True
Explanation:
The computation of the average accounts receivable balance is shown below:
= Daily credit sales × day terms
= $2,000 × 60 days terms
= $120,000
We simply multiplied the average amount with the day term so that the average account receivable balance could come
Hence, the given statement is true
Therefore the correct option is a.
Answer:
a, b and c i.e Organizing, Planning and Controlling
Explanation:
Note: <u>Since more than one option is to be selected, the three terms have been provided as an answer</u>
Organizing is the management function concerned with creation of organizational hierarchy, defining roles and objectives and authority and reporting responsibilities.
Planning refers to providing for unforeseen future events and deciding the ways to deal with them.
Directing refers to the management function of guiding, supervising and leading people with an objective to meet organizational goals and extract efficient performance.
In the given case, written request signifies planning, creation of a staff and consulting before arriving at decisions refers to organizing and controlling function.
Answer:
hmmmm i'd say true if not then false
The Department of Justice is not an example of an independent regulatory agency.
Because today's business are wholly dependent on technology for their survival.
This is especially in production, customer service, and marketing.
