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crimeas [40]
3 years ago
5

The primary responsibility of the board of directors is to ___ . a. tell all the managers what to do b. oversee the affairs of t

he organization c. make daily operational decisions d. do tactical planning
Business
1 answer:
pshichka [43]3 years ago
4 0

Answer:

The correct answer is letter "B": oversee the affairs of the organization.

Explanation:

The Board of Directors is a group appointed or elected to represent shareholders at major companies. Every public company must have a Board of Directors. This Board establishes administrative policies including hiring and firing of executives, distribution of dividends, and executive compensation. A Board of directors has usually the ultimate say in the company's major decisions and must take responsibility for those decisions if they do not go as planned.

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(1 point)
Elan Coil [88]

Answer:

Explanation: do you have the answer now?

6 0
3 years ago
Zhang Industries is preparing a cash budget for June. The company has $25,000 cash at the beginning of June and anticipates $95,
zepelin [54]

Answer:

$11,290

Explanation:

The computation of the amount that should be borrowed is given below:

Opening cash balance         $25,000.00

Add Cash Receipts             95,000.00

Less Cash Disbursements        (111,290.00)

Balance before adjustment 8,710.00

Desired ending cash balance  20,000.00

Amount to be borrowed  11,290.00

Hence, the first option is correct

6 0
3 years ago
Describe the different forms of wholesaling​
Zepler [3.9K]

Explanation:

The wholesalers can have different forms depending upon the volume of business, number of products/services dealt with, etc. the wholesalers have the ability to influence the producers and the retailers.

If the wholesalers are large, their businesses are important and they can put more pressure on the producers and the retailers. They can introduce their own brands or sell private brands and get the pricing freedom.Some of the types of wholesalers are:-

1. Manufacturer Wholesalers 2. Retail Wholesalers 3. Pure Wholesalers 4. Agents and Brokers 5. Assemblers 6. Merchant Wholesalers 7. General Merchandise Wholesalers

8. General Line Wholesalers 9. Speciality Wholesalers 10. Local Wholesalers 11. Regional or Sectional Wholesalers 12. National Wholesalers 13. International Wholesalers 14. Limited Function Wholesalers and a Few Others.

Hope it's help you

Mark me as a brilliant

7 0
2 years ago
Indicate the proper financial statement classification for each of the following accounts: Accounts Classification Gain on Bond
ASHA 777 [7]

Answer:

Gain on Bond Retirement(Income Statement)

Discount on Bonds Payable(Balance Sheet)

Mortgage Notes Payable (Balance Sheet)

Bonds Payable (Balance Sheet)

Bond Interest Payable(Balance Sheet)

Explanation:

6 0
3 years ago
Unexpected inflation causes the demand for money to and the interest rate to
Morgarella [4.7K]

Inflation will cause interest rates to rise. When interest rates rise demand for money decreases.

6 0
3 years ago
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