The answer to the question above is letter D. If Natasha has a gross income of $66,429. And has an adjustment of $14,490 for her business losses, $3,584 for her business expenses and $4,813 for her retirement contribution plan. The total remaining income is $43,542.
Some of the challenges of this company include lack of control over financial reporting in all branches, and inaccurate data to make decisions for next years.
DEF Ltd's main problem is the inaccuracy regarding the recognition of revenue and other inconsistencies in financial reporting. This problem includes:
- Inaccuracies related to revenue and deferred revenue.
- Lack of documentation of some transactions.
Moreover, these problems are intended to be solved through a review process and training seminars. These two ideas are useful for the problem; however, the company might face some challenges and problems such as:
- Lack of control in all branches: DEF Ltd seems to be a big company with multiple branches around the world. This makes it difficult for the company to control all financial records even if employees are educated about the process through seminars.
- Inaccurate data for next periods: Considering there are lots of inconsistencies and some of the reports are incomplete, it is likely even after the review process the company does not have complete information about the previous transactions or revenues. This can affect future projections and decisions.
Note: This question is incomplete; here is the missing part:
Using the disclosures above as a starting point, brainstorm about the challenges regarding internal controls and that a company may face in doing business internationally?
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Answer:
industry regulation component
Explanation:
Regulation refers to the management of complicated systems by a set of regulations and patterns. Through system philosophy, these types of rules exist in different fields of biology and culture, but according to context, the word has slightly different definitions. Industrial soul-regulation occurs in business through auto-regulatory bodies and trade organizations that enable businesses to establish and make rules with much less government intervention
Answer:
We will use the following equations for this problem
a. (Initial cost Estimated output) × Actual yearly output
b. (Depreciable cost Yearly output) × Estimated output
c. Depreciable cost Yearly output
d. (Depreciable cost Estimated output) × Actual yearly output
A key skill that is not in management is writing skills.
Managerial skills are the ability and knowledge of those in managerial positions to perform specific management tasks. According to Robert Katz, a successful management process requires three different types of abilities.
Technical skills - They enable the management to know how to employ various strategies to accomplish their goals.
Conceptual skills show a manager's comprehension or ability to think more abstractly.
These competencies show a manager's familiarity with and aptitude for working with people. They are also known as human or interpersonal management skills.
These skills can help managers motivate their teams to greater success. They help them as well by helping the company's employees reach their full potential.
Thus these are some Management skills.
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