Answer: Competitive type of the multi-divisional structure
Explanation:
Here, in this particular case, using the given information we can state that Transector Inc. is using the <em>competitive form of the multi-divisional corporate structure</em>. In this multi-divisional structure, there tends to lie one parent organization which usually consists of several different divisions and sub-divisions that are known to operate distinguished businesses. In legal terminology, the parent organization is known to own all the divisions, but they are also known to provide them with significant autonomy, in order for them to work independently.
The International Organization for Standardization (ISO) is an international standard-setting body composed of representatives from various national standards organizations.
Founded on 23 February 1947, the organization promotes worldwide proprietary, industrial and commercial standards. It is headquartered in Geneva, Switzerland, and as of 2015 works in 163 countries.
It was one of the first organizations granted general consultative status with the United Nations Economic and Social Council.
Answer:
The credit manager, and the Controller
Explanation:
The credit manager is responsible for maintaining the credit policy, in order to fulfil this target they are responsible to look at the sales and ensure the credit sales are in the sales limit.
Further that the company do not have the bad debts, it shall verify each customer properly that they have enough funds, and ensure their credibility.
Controller is responsible for maintaining the financial records of accounts, and reporting the transactions to managers.
Accordingly, Credit manager along with controller are directly responsible to the vice president of finance.
In making the best economic choices, consumers compare the benefits of the choice to cost.
<h3>What is economic choice?</h3>
economic choice can be regarded as the decision making by the consumer to choose the kind of product that is needed by them economically.
Therefore, the consumer usually consider the cost In making the best economic choices, as well as the benefits.
Learn more about economic choices at: brainly.com/question/14376300
#SPJ1
The justification for a company initially recording prepaid rent in either an income statement or balance sheet account is that a<u>t the end of each year, the</u><u> account balances </u><u>are revised so that they accurately represent the c</u><u>urrent situation.</u>
This is further explained below.
<h3>What is
an income statement?</h3>
Generally, When a business first records its prepaid rent, it should do so in either an account on its income statement or one on its balance sheet.
The reason for this is because, at the end of each year, the balances of these accounts should be revised so that they more accurately reflect the situation at the moment.
In conclusion, An income statement, also known as a profit and loss account, is one of the financial statements that a business maintains.
It details the revenues and costs that the firm incurred during a certain time period. It describes the process through which the revenues are converted into the company's income or profit after taxes.
Read more about income statements,
brainly.com/question/28035395
#SPJ1
<u></u>
