The correct answer is: The Federal Information Technology Acquisition Reform Act.
Explanation:
The Federal Information Technology Acquisition Reform Act or FITARA has the mission of optimizing the use and purchase of information technology of the United States federal government. This act was necessary to be passed because the U.S. federal government spends approximately $80 billion per year in information technology products but half of those funds go for maintenance.
Land is a non-current asset and the proceeds from sale of non-current assets form part of<em> investing activities</em>. Firefly Inc. has a cash inflow of $225,000 from the sale of land. So the cash received from sale of land will be added to cash flow from investing activities in the head:<em>Purchase or Sale of an Asset. </em>
Strategic management requires incorporation into a cohesive whole of all roles and activities of an organization. Management is described as the mechanism by which people within the organization are prepared, coordinated, guided and managed to use resources effectively to achieve the organizational objectives.
