Answer:
The question seems to have missing parts which I could not find on the internet, however I have tried to answer the part available as below :
To a greater extent, managers need to have experience in accounting and with financial statements to understand their Decision Implications on Profit and to communicate with the Public and Stakeholders well.
Explanation:
Experience with Accounting and with Financial Statements are very important in that understanding these, Managers would be well aware of their Decision Implications on the bottom line - Profit. The performance of every manager can be traced back to items that where within their control and these are shown in financial statements. The financial statement is also a vital document when the Company is communicating to the Public or to other Stakeholders and as such Managers need to be aware of. Some Managers are Sole Traders who need to have experience with accounting and with financial statements among other skills.
However, Mangers are not expected to be good at everything and they may be hired for one specialty such as strategy or marketing. In that case more time must be devoted to leave up to their role and leave the details of Accounting and Financial Statements to those hired for that specialty.
In conclusion it is to a greater extent, managers need to have experience in accounting and with financial statements to understand their Decision Implications on Profit and to communicate with the Public and Stakeholders well.
He should look in a phone book of the news paper. These two options would be the most reliable.
Answer:
C
Explanation:
<em>A breach of contract occurs when one of the parties to a contract decides not to honor all or some of the terms spelled out in the contract. In other words, a breach of contract occurs when actionable terms in the contract are neglected by one of the parties to the contract.</em>
The actionable term in the contract signed by both Diary Farm and EZ Serve Ice Cream Company is for Diary Farm to supply milk to EZ Serve Ice Cream Company. <u>Hence, not supplying milk as agreed represents a breach of the contract, all other things being equal.</u>
Correct option: C
Answer:
D. $358
Explanation:
The computation of the Product Warranty Expense is shown below:
= Number of radios sold × selling price per radios × estimated warranty percentage
= 132 radios × $54 × 5%
= $356.40
i.e $358 approx
By multiplying the number of radios sold with the selling price and the estimated warranty percentage we can get the product warranty expense 58
Answer:
Comparative advantage
Explanation:
Comparative advantage -
It refers to the method used by a company to produce certain goods or services at a much cheaper and better manner than other company , is referred to as comparative advantage .
As the company can sell the similar product produced at much lower price , and thereby earns more profit for the product .
Thereby , the company has the upperhand over the other companies .
Hence , from the given information of the question ,
The correct answer is Comparative advantage .
