Every cooperative board of directors is charged with both protecting and utilizing the resources of the cooperative for its members. This simply stated prime directive is far from a simple task.
Balancing the needs of the member with the needs of the cooperative’s balance sheet is a tricky proposition at best. Establishing margins to cover actual costs along with additional net savings that will allow for future growth of services can be difficult, but past performance – together with reasonable expectations and realistic optimism – should drive financial projections.
With the help of the cooperative’s management, boards develop and approve business plans that will meet the organization’s goals. Most planning cycles are conducted annually, creating a budget that anticipates surpluses. New projects offering better services or products are financed along with long-term financing, either with new injections of capital or long-term borrowings. Unrealistic long-term financing projections can seriously interrupt the monthly and daily operations of a cooperative, therefore, understanding how current assets and liability affect the cash to cash cycle is a critical piece of knowledge that any board member needs. Current assets consist of cash, inventories and accounts receivable. Current liabilities include accounts payable for goods and services and the current portion of long or immediate term debt.
<u>Answer:
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Regarding commonsense theories of behavior, common sense theories are most often based on scientific observation is a FALSE statement.
<u>Explanation:
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- Scientific observations can mostly be relied on when the data being obtained is quantitative and utterly logical. In the case of commonsense theories, the data obtained is mostly qualitative.
- The observation that is carried out in order to propose common sense theories is conventionally inclined towards supervising the decisions that involve a simple intellectual activity that commonly does not refer back to complex statistics or assumptions.
Answer:
Explanation:
What does mandatory mean in this question? Do you mean entitlements? Like health care, like social security, like education? Or do you mean defense?
All of them have increased because either the Democrats or Republicans want them. No one is willing to give up anything. Added to this is the interest on the debt, which has also gone up.
Answer:
might hinder and effect the working of civilians, private sectors.
Explanation:
Undoubtedly, there is no hesitation at all that regulations are being provided by the regulatory bodies that are being set up by the Government. A lot of regulations in the private sector will mean that they will be limited when it comes to power, and hence they might not be able to work properly. Just a few days back, a space test was conducted to bring back astronauts if something wrong happens, and Elon Musk has to do a lot with this. If he would have been regulated by the government, then he might and certainly not had been able to accomplish this great work. Regulations are good but not too much of them.
