Answer:
maintain ownership control, by holding the class of stock with greater voting rights.
Explanation:
Stocks can be divided into two main categories, common stocks and preferred stocks. Preferred stocks grant no voting rights. But common stocks can also be classified in different classes, e.g. class A or class B common stocks. Generally class A stocks have higher voting rights than class B stocks, e.g. class A might have 10 voting rights per stock while class B only has 1.
A real world example is Google that has 3 different classes of common stock:
- class A: 1 voting right per stock
- class B: held by Google's founders and top management, not traded publicly, and they hold most of the voting rights
- class C: no voting rights
Whatever belongs to Stella belongs to him. This play was wack
<span>The principle purpose of a voucher system is to provide assurance that all cash payments are approved before a check is issued.
A voucher system is a way of internally controlling that helps prevent fraudulent withdrawals from a company by employees or people outside the organization.
A voucher system organizes procedures to verify and approve cash disbursements, which is important because cash is vulnerable to theft. The voucher system helps guard a company's cash.</span>
Answer:
The correct answer is letter "C": feedback.
Explanation:
Feedback control refers to obtaining improvement suggestions typically by consumers or suppliers in a supply chain that allows companies to increase efficiency in their processes. It is useful at the moment of measuring customers' satisfaction with the goods or services provided and could determine the likelihood of those individuals acquiring again goods or services from the firm.
In some cases, control feedback includes a comment section where clients can give additional information on what they would change of the service they received or from the good they bought.
Answer:
See explanation below
Explanation:
The following will be selected in excel via the drop-down menus.
Dr; Account name = Bad debt expense/Dad debt written off $ 1200
Cr; Account name = Accounts Receivable $ 1200
The company uses the direct write-off method thus these will be the journal entries.
