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Anna [14]
2 years ago
15

Types of Control Systems Controlling is one of the basic functions of management. It is critical to an organization's effectiven

ess, efficiency, and goal achievement. Control does not mean just reacting to events after they have occurred. It also means keeping an organization on track, anticipating events that might occur, and then acting to respond to whatever opportunities or threats have been identified. Control is concerned with keeping employees (a) motivated, (b) focused on the important problems confronting the organization, and (c) working together to make the changes that will help an organization improve its performance over time.
Business
1 answer:
Annette [7]2 years ago
5 0

Answer: Option D

Explanation: In simple words, controlling refers to the function of management in which manager sets the standards of performance, compares the performance with the standards and take corrective actions in case of any discrepancy.

Controlling helps the organisation to achieve its goals by making the employees working towards the same goal determined in the planning stage. Controlling sets the standards of performance for the employees which works as a guide in their job.

Hence the correct option is D.

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The following is the operating section of the statement of cash flows (direct method) of Battery Builders, Inc.: Collections fro
Marizza181 [45]

Answer and Explanation:

The computation is shown below:

Sales ($28,000 + $3,000)  $31,000

Less: Cost of goods sold  ($13,000 + $2,000 - $3,000)  -$12,000

Operating expenses($9,000 - $2,000)  -$7,000

Depreciation expense -$4,000

Income tax expense  ($4,000 + $1,000)  -$5,000

Amortization expense -$1,000

Gain on sale of equipment $2,000

Net income $4,000

2.  

Net income $4,000

Add:  

Depreciation $4,000

Write-off of intangibles $1,000

Less:  

Gain on sale of equipment -$2,000

Cash flow before working capital changes  $7,000

Increase in accounts receivable -$3,000

Increase in inventory -$3000

Increase in accounts payable $2000

Decrease in accrued payable -$2000

Increase in deferred income taxes payable $1,000

Net Cash from Operations $2,000

6 0
2 years ago
You are a finance intern at Chambers and Sons and they have asked you to help estimate the company's cost of common equity. You
koban [17]

D1 = $ 1.25

P0 = $ 27.50

g = 5 % = 0.05

F = 6 % = 0.06

Cost of equity, re = D1/ {P0 x (1- F)} + g

                             = $ 1.25 / {$ 27.50 x (1- 0.06)} + 0.05

                             = $ 1.25 / ($ 27.50 x 0.94) + 0.05

                             = $ 1.25 / 25.85 + 0.05

                           = 0.048356 + 0.05

                           = 0.098356 or 9.84 %

4 0
3 years ago
The Allowance for Bad Debts account has a credit balance of $ 5 comma 000$5,000 before the adjusting entry for bad debts expense
GaryK [48]

Answer:

62,200 allowance ending

Explanation:

allownce 5,000 credit

<u>Because the bad debt is calculate over the sales,</u> the bad debt expense is the result of that estimated, without considering the beginning balance of the allowance.

22% of net credit sales will be uncollectible:

260,000 x 22% = 57,200

<u>Now ending balance will be beginning + uncollectible for the period</u>

5,000 beginning

57,200 uncollectible for the period

62,200 allowance ending

4 0
3 years ago
Read 2 more answers
Sam wanted to open a file that he saved yesterday. Which component inside the computer stores this file?
Dmitriy789 [7]
The answer would be hard drive
7 0
3 years ago
Read 2 more answers
Kegler Bowling installs automatic scorekeeping equipment with an invoice cost of $190,000. The electrical work required for the
Ulleksa [173]

Answer:

The cost recorded for the equipment=$229,550

Explanation:

The total recorded cost of the automatic equipment has to include the purchase cost and other additional associated costs that come with the equipment. This can be expressed as;

T=P+A

where;

T=total cost

P=purchase cost/invoice cost

A=additional costs(electrical work cost+delivery cost+sales tax+repair cost)

In our case;

T=unknown

P=$190,000

A=(20,000+4,000+13,700+1,850)=$39,550

replacing;

T=190,000+39,550=229,550

The total cost=$229,550

The cost recorded for the equipment=$229,550

7 0
3 years ago
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