Answer:
c. she can file a lawsuit against the corporation for damages.
Explanation:
Based on the scenario being described within the question it can be said that the only action that may not be taken would be for Ariana to file a lawsuit against the corporation for damages. This mainly because the corporation is not responsible for any damages that may be incurred since Ariana did not discuss her decisions with the board of directors and was therefore acting alone, making her alone liable for the damages.
Answer:
The total budgeted fixed selling and administrative expenses for February is $170,400. The answer is D.
The calculation is as follows:
a) Advertising - $50,100
b) Executive Salaries -$60,100
c) Depreciation - $20,100
d) Others - $40,100
Total = $170,400.
Explanation:
To obtain the above answer, we add up all the budgeted fixed selling and administrative expenses, excluding variable elements.
Fixed costs are costs which do not vary according to the level of production or activity.
Since the other elements of cost, e.g sales commision, shipping, and part of advertising are variable, these are excluded in getting the fixed selling and administrative expenses.
Officers are all those individual people or staff who manage the corporation's day-to-day operations.
<h3>What are the
responsibilities of corporate officers?</h3>
Officers of a corporate entity are important management executives who oversee the day-to-day operations of the company. They are appointed by and report to the board of directors, and they oversee specific industry functions based on their background and expertise.
<h3>Is indeed an officer the same as a director?</h3>
Everything You Have to Know About Officers vs. Directors When comparing an officer and a director, a director is a person who manages important business affairs, whereas officers oversee daily operations. Officers are also directly involved in the day-to-day management of the business.
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Hey there, here is my brief explanation for you:
Fixed assets are mostly things that are purchased to use for a long period of time. These items are used in business and can be classified as property, plant, or equipment. Fixed assets are things that are bought and meant not to be sell-able or at least not easily. Fixed assets are bought for personal business use and usually are not likely to be sold.
