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Amanda [17]
4 years ago
11

Finance in an organization

Business
1 answer:
ankoles [38]4 years ago
7 0

Answer and Explanation:

a. In the first case as we know that the Chief Financial Officer ( CFO) is the company's high financial position and supervises several tasks.

But CFO would not be responsible for human resource, marketing and the production as these have the different departments and their manager would deal with it

So first three are not relevant for the CFO

b. According to the Sarbanes-Oxley Act of 2002, The SEC requires CFOs to certify the accuracy of the firm's earnings or we can say it would be correct. Hence, the last option is correct

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Consider the economy of Arcadia. Its households spend 75% of increases in their income. There are no taxes and no foreign trade.
Allisa [31]

Answer:

The economy has an actual output of 700 billion, and its potential ouput was 600 billion, therefore, we can say that the economy is already performing well, beyond potential, for this reason, the government should simply not intervene, because government intervetion reduces the economic efficiency of market outcomes.

If the economy was below potential, the government could tax some of the 25% income that households save, in order to increase spending. This would promote economic growth, bringing the economy closer to potential.

7 0
3 years ago
LO 1.1Carlita believes an important part of the planning process for managers is being sure to position the company to achieve i
irga5000 [103]

Answer:

<u>yes</u>, she is correct.

Explanation:

Company positioning can be defined as the place a company occupies in the market, as is its identity in relation to competitors and consumers. It is correct to say that strong brand positioning ensures several strategic and financial advantages for a company, for example, increases the perception and recognition of consumers, creating an image of value and reliability in the market.

Therefore a well positioned company depends on the organization of structured processes, which will promote subsidies for the correct decision making, which is an aggregate part and integrated in the area of ​​managerial accounting.

There are several tools in managerial accounting that help in the decision making process, because there is the use of appropriate reports at each stage of the organizational process, which gives the possibility to plan, control and evaluate. Accounting tools allow you to analyze a past period and correctly project present decisions by measuring the performance of financial decisions and their impacts on the business. Managerial accounting also offers the analysis of standards, relevant to ascertain and solve problems encountered in a process.

6 0
3 years ago
What is the first phase of the money laundering process called?
Maksim231197 [3]

Money laundering involves three steps: The first involves introducing cash into the financial system by some means ("placement")

5 0
3 years ago
​Ketchen, Inc. provides the following information for​ 2018: Net income ​$290,000 Market price per share of common stock ​$70 pe
Alenkinab [10]

Answer:

Earnings per share = Net income/No of ordinary shares outstanding at the end of the year

Earnings per share = $290,000/240,000 shares

Earnings per share = $1.21

Therefore, Price-earnings ratio = Market price per share/Earnings per share

                  Price-earnings ratio = $70/1.21

                  Price-earnings ratio = 57.85

Explanation: First and foremost, there is need to calculate earnings per share by considering the net income and then divide it by the number of common stocks outstanding at the end of the year. Price-earnings ratio is obtained by dividing the market price per share by earnings per share.

5 0
3 years ago
What is good about having a credit card? what is bad?​
navik [9.2K]

Answer:

Credit cards are neither good nor bad. They are financial tools that must be used with care. Cards can help or hurt your finances if you don't use them responsibly.  At the same time, credit cards used properly offer a convenient payment method that can build credit and earn rewards for users.

Explanation:

7 0
3 years ago
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