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3 years ago

LO 1.3Briefly discuss the chain of command for someone being hired into an organization as a staff managerial accountant.

Business

1 answer:

grin007 [14]3 years ago

3 0

Answer:

A staff managerial accountant is part of the mid-level accounting management.

The top position in the chain of command is the Chief Financial Officer, who is in charge of all financial matters within the firm, especially of presenting accurate financial information at the end of the accounting year to management, stockholders, and potential investors.

Directly below him is the controller, an important position in charge of reporting financial statements during the year, and helping gather information for auditors during external audtis.

Below a staff managerial accountant would be lower level accounting who are in charge of bookeeping on a daily basis.

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Groups that have a strong interest in the success and outcomes of a business, such as employees, neighbors, or government regula

timama [110]

Stakeholders are those groups that have a strong interest in the result of the project or a business.

<h2>What are stakeholders?</h2>

A stakeholder is a person or a group that has a vested interest in the course or outcome of a business and has a direct or indirect effect on the business or participates in it in one way or another.

<h3>Characteristics of stakeholders:</h3>

It is any internal and/or external person or organization that has or may have the capacity to affect the activity of the organization.

Stakeholders are members of the organization itself (managers, employees, shareholders), suppliers, consumers, neighbors and the market.

Therefore, we can conclude that all stakeholders can be classified according to their interest in the company's mission.

Learn more about stakeholders here: brainly.com/question/6867919

5 0

2 years ago

1. You have a portfolio that is invested 21% in Stock A, 34% in Stock B, and 45% in Stock C. The betas of the stocks are .66, 1.

MrMuchimi

Answer:

Portfolio Beta = 1.225 rounded off to 1.23

Option e is the correct answer.

r = 0.13338 or 13.338% rounded off to 13.34%

Explanation:

The portfolio beta is a function of the weighted average of the individual stocks' betas that form up the portfolio. To calculate the beta of a portfolio, we use the following formula,

Portfolio Beta = wA * Beta of A + wB * Beta of B + ... + wN * Beta of N

Where,

w is the weight of each stock

Portfolio Beta = 0.21 * 0.66 + 0.34 * 1.21 + 0.45 * 1.5

Portfolio Beta = 1.225 rounded off to 1.23

Using the CAPM, we can calculate the required rate of return on a stock. This is the minimum return required by the investors to invest in a stock based on its systematic risk, the market's risk premium and the risk free rate.

The formula for required rate of return under CAPM is,

r = rRF + Beta * (rM - rRF)

Where,

rRF is the risk free rate

rM is the market return

r = 0.037 + 1.22 * (0.116 - 0.037)

r = 0.13338 or 13.338% rounded off to 13.34%

3 0

3 years ago

Can someone help me with this business worksheet

Sholpan [36]

Answer:

uhm heyyyy I can help

8 0

3 years ago

assume that autonomous consumption is $1610 billion and disposable income is $11,200 billion. Using the consumption function, ca

Viefleur [7K]

Answer: $9,226

Explanation;

The consumption function is;

Consumption = Autonomous consumption + (Marginal Propensity to consume * Disposable income)

Marginal Propensity to Consume;

=Increase in consumption expenditure/ Increase in Disposable income

= 680/1,000

= 0.68

Consumption = Autonomous consumption + (Marginal Propensity to consume * Disposable income)

= 1,610 + ( 0.68 * 11,200)

= $9,226

6 0

3 years ago

Review 4: AIMS Science Practice

Zolol [24]

Answer:

D. It has both good and bad effects, but we can't always predict what those are.

Explanation:

Of course, ethics mandates that the target of science and new technology should always pursue the good for humans; nevertheless, since time immemorial man has developed technology to make war. Thus, definetely, the first statement "A It always does good for human" is false.

Some other negative effects of new technology, like cars and nuclear power, have been harmful to the environment, but you cannot tell that this has always been so. Technology has also been developed to help the environment. For instance, panels to use solar energy do not harm the environment and seek to reduce fuel burning to help the environment. Thus, option B, "It always ends up doing harm to the environment" is false too.

Some of the damage that new technology can produce are not predicted both because the technology is new and because it may be used with different goals to those it was developed. This explains why option C, It has many bad effects, is false, and option D, "It has both good and bad effects, but we can't always predict what those are", is true.

5 0

3 years ago