Answer:
The statement is: False.
Explanation:
Contractors are independent parties who are hired to perform a determined work. They handled their operations as small companies managing their own personnel and operations within the physical location of another company or where the hiring company requests it.
<em>Among the duties of contractors, if they are dedicated to the construction industry, they can decide the process they will follow for mixing the concrete and the materials necessary for such purpose unless the hiring company establishes something different. In case of failure, they should find ways to replace the damaged items or structures but that does not imply the contractor loses its independent contractor status.</em>
Answer:
$123,700
Explanation:
Calculation for the amount of the common fixed expense not traceable to the individual divisions
Using this formula
Common fixed expense not traceable= Total segment margin - Net operating income
Where,
Total segment margin =($86,100 +$50,300)
Net operating income=$12,700
Let plug in the formula
Common fixed expense not traceable= (86,100+50,300) - 12,700
Common fixed expense not traceable= 136,400 - 12,700
Common fixed expense not traceable
= 123,700
Therefore the amount of the common fixed expense not traceable to the individual divisions will be $123,700
Answer:
The five main characteristics of a c corporation are:
- limited liability: the owners' liability is determined by the amount of money they invested in purchasing the corporation's stock.
- corporations are owned by stockholders: every single stockholder owns a piece of the corporation, the size of that piece is determined by the amount of stocks.
- double taxation: owners of the corporation suffer from double taxation because first the corporation must pay corporate taxes and then the owners must pay income taxes when they receive dividends.
- corporations are separate entities: corporations exist by themselves, they are born when they are created and die when they are dissolved.
- corporations are professionally managed: the owners elect a board of directors and the board is responsible for hiring professional management.
Explanation:
Controlling exists the method of monitoring operating results and comparing actual results with the expected results.
<h3>What is meant by Controlling?</h3>
Controlling is a management function that aids in obtaining desired results from employees at all organisational levels, including managers and subordinates. The managing function aids in tracking advancement toward corporate objectives, identifies deviations, and suggests necessary remedial action.
Control is a management function that aids in error detection and the implementation of corrective measures. This is done to reduce departure from standards and make that the organization's stated goals are met in the desired way.
Comparing actual performances with anticipated outcomes is controlling's most crucial task. Managers can then better grasp their strengths and areas for improvement as a result. With this knowledge, managers can make the most use of all resources and avoid wasting them.
Hence, Controlling exists the method of monitoring operating results and comparing actual results with the expected results.
To learn more about Controlling refer to:
brainly.com/question/28109846
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