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Cloud [144]
3 years ago
13

Strategy-making is

Business
1 answer:
astraxan [27]3 years ago
6 0

Answer:

A. Primarily the responsibility of key executives rather than a task for a company's entire management team

Explanation:

The role of strategy-making is mainly for key executives in an organization

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The time frame associated with a balance sheet is:
MAXImum [283]

Answer:

The answer is: A) a point in time in the past

Explanation:

A balance sheet is one the most important financial statements of an organization along with the income statement and statement of cash flows.

It reports an organization´s assets, liabilities and shareholders´ equity at an specific point in time.

The basic formula used in a balance sheet is:

                  Assets          =          Liabilities    +     Shareholders´ Equity

6 0
3 years ago
Describe how you would apply for a mortgage.
ExtremeBDS [4]

You have to complete a " Mortgage Application", the application will usually ask for a credit report, any credit accounts, amount of income, available funds, credit card balances, and a price range. Once a lender has reviewed your application he/she will decide rather to approve or disapprove your application. If your application is approved you will need to make a down payment. A borrower with good/excellent credit is more likely to be approved for a mortgage. Interest rates will determine how much you will pay monthly. Interest rates can also change while the loan application is being reviewed and processed by the lender.

5 0
3 years ago
What are some common motivations of financial statement fraud examination?
WINSTONCH [101]

Answer:

To support a high stock price, to support a bond or stock offering, or to increase the company's stock price.

Explanation:

The motivation to publish fraudulent financial statements varies depending on the situation. A common theme in many cases of fraud is the attempt to improve the reported financial information to maintain high stock prices, support bonds or stock quotes, or raise a company's stock price. In many companies that published fraudulent financial statements, senior executives held significant stocks or stock options, and lowering the price of the stock would significantly reduce personal net worth or make worthless options. As a result, senior management had to maintain the high share price and therefore needed high returns to maintain the high share price. Investors value reports that increase profits each year. Indeed, the decline in earnings can significantly lower a company's stock price. Sometimes fraudulent financial reports cause line managers to exaggerate the results to meet the company or other expectations. Sometimes the cost of failure in corporate governance is high, and when it comes to choosing between failure and fraud, some managers quickly turn to fraud.

5 0
3 years ago
A company pays its employees $4,250 each Friday, which amounts to $850 per day for the five-day workweek that begins on Monday.
BartSMP [9]

Answer:

$3,400

Explanation:

Out of five day workweek, accounting period ends on Thursday which indicates that employees work only for 4 days. Therefore, salaries are earned only for 4 working days and unpaid at the end of the accounting period

Salaries earned but unpaid= 4 working days * $850 per day = $3,400

Hence, salaries earned but unpaid at the end of the account period is $3,400

5 0
3 years ago
Control based on the use of pricing mechanisms and economic information is referred to as:
soldier1979 [14.2K]
It is referred as market control<span />
3 0
3 years ago
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