1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Leni [432]
2 years ago
11

Genève is a member of the board of directors and the chief financial officer of the corporation. Under the duty of care that sh

e owes that corporation, she does NOT need to:
a. attend board meetings and oversee the corporation's employees and other officers.
b. attend presentations and make a careful study of business choices before making decisions.
c. oversee every aspect of the business, including such things as ordering merchandise and arranging for janitorial services.
Business
1 answer:
loris [4]2 years ago
3 0

Answer:  

The correct answer is c."oversee every aspect of the business, including such things as ordering merchandise and arranging for janitorial services."

Explanation:  

The chief financial officer is the person in charge of the financial administration of the organization, their tasks are focused on planning, implementing and analyzing the financial information of the company. Therefore, a chief financial officer like Genevieve does not get involved in activities such as ordering merchandise and arranging for janitorial services.

You might be interested in
Anyone there PLAESe responed
Eva8 [605]

Answer:

I'm on here most of the time.

Explanation:

If you'd like, I'll try to answer all of your questions! Just give me the word. :)

8 0
3 years ago
Why do you have a social security card if you're socially insecure?
nlexa [21]

Answer:

So we can be hot ️‍

7 0
3 years ago
Read 2 more answers
Stevens Company has had bonds payable of $10,000 outstanding for several years. On January 1, 2018, when there was an unamortize
katovenus [111]

Answer:

-$3,000

Explanation:

Data provided in the given question:-

bonds payable = $10,000

unamortized discount = $2,000

purchased bonds = $11,000

The computation of the consolidated gain or loss on a consolidated income statement for 2018 is given below :-

= (bonds payable - unamortized discount) - purchased bonds

= ($10,000 - $2,000) - $11,000

= $8,000 - $11,000

= -$3,000

4 0
3 years ago
Determining Net Cash Flow from Operating Activities: Burch Company reported the following items in its balance sheet and income
Tanya [424]

Answer:

$9,000

Explanation:

The cash flow statement is the financial statement where the cash flows from the various activities of a business are recorded. These activities include Operating, Investing and Financing. The statement may be shown using gthe direct or indirect method.

The operating activities include the changes to current assets and liabilities. Increases in assets (apart from cash) represents an out flow of cash while increases in liability represents and in flow of cash and vice versa.

The net cash flows from operating activities using the indirect method

= -5000 - 20,000  + 10,000 + 25,000 - 1,000 (all amounts in $)

= $9,000

This represents a net inflow.

3 0
3 years ago
Computer equipment was acquired at the beginning of the year at a cost of $57,000 that has an estimated residual value of $9,000
ioda

Answer:

$9,600

Explanation:

Annual Depreciation = Cost – Residual Value/Useful Life

Using the formula

Cost=$57,000

Residual value =$9,000

Useful life =5years

Hence:

$57,000 – $9,000/5

=$48,000/5

= $9,600

The second-year depreciation will therefore be $9,600

5 0
3 years ago
Other questions:
  • Assignment Interview five family members or friends. Ask them how many energy drinks they would buy in a seven-day week at these
    12·2 answers
  • Why do Marketers use perceptual maps as a means to display or graph in two dimensions the location of products or brands?
    9·1 answer
  • There are three key reasons for putting the customer into customer solutions in selling: (1) considerable time and effort is nec
    5·1 answer
  • Which of the following scenarios is typically an appreciating asset?
    15·1 answer
  • Renee contracts with Scott to pay him $25,000 for his work on Renee’s new album "Hip Pop." After Scott performs, they sign an ac
    7·1 answer
  • A disadvantage of forming a partnership is that ownersa) can find it tougher to start and stop a business.b) can find it more di
    9·2 answers
  • When calculating the net operating income of a property, it is important to identify any expenses that will be incurred in attem
    6·1 answer
  • Suppose that DiamlerChrysler is considering changing its production operations from an assembly line in which each employee adds
    11·1 answer
  • The Divirgil Company Net Income is $100. Given the following items:Purchase of debt securities (trading) $7Amortization of premi
    6·1 answer
  • Which of the following statements describes the most likely reason why
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!