The correct answer is D. decreasing inventory to lower costs
If you decrease inventory, then you don't have trapped money. If someone needs something, you can then order the things you need from your supplier and then sell it to the people who ordered it.
With the balanced scorecard approach, the entire focus is on measuring and managing specific financial goals based on the organization's strategy. is a "false" statement.
<h3>What is balanced scorecard?</h3>
The term "balanced scorecard" refers to the idea of using both conventional financial measures and strategic metrics to obtain a more "balanced" picture of success.
The balanced scorecard idea has developed beyond the straightforward application of viewpoints to become a comprehensive framework for managing strategy.
A system for strategic management and planning is the balanced scorecard (BSC). Businesses employ BSCs to:
- Tell others what they want to achieve.
- Align the job that everyone does on a daily basis with the plan
- Make projects, commodities, and services a priority.
- Track and evaluate your progress toward your strategic goals.
The ability to "connect the dots" between the various elements of strategic planning and management is one of the main advantages of using a disciplined framework.
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Answer:
b.100 in 2002
Explanation:
This question can be solved without any calculations. When calculating consumer price index, the CPI for the year chosen as base is always 100. In this case, 2002 was chosen as the base year and, therefore, the CPI was 100 in 2002. Since that is one of the alternatives, no further steps are required and the answer is alternative b.
Gross domestic product is one of the factor that aid the long run monetary benefit in business.
<h3>What is Gross domestic product?</h3>
Gross domestic product refer to the the overall monetary or market value of all thecompleted goods and services that is manufactured within a specific country at a period of time.
It is the overall measure of overall domestic production, it help the to know if the country is okay or not.
It help to estimate the size of the economy.
To calculate, GDP
GDP = Consumption + investment+ government spending + net worth.
Therefore, Gross domestic product is one of the factor that aid the long run monetary benefit in business.
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Answer and Explanation:
The journal entry to record the sales transaction is given below:
On April 10
Cash Dr $25,725
To Sales revenue $24,500
To Sales tax payable $1,225
(Being the sale is recorded)
Here cash is debited as it increased the assets and revenue & sales tax payable is credited as it increased the revenue & liabilities
