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solmaris [256]
3 years ago
10

Kia, a top-level manager in a software firm, is allocating the company's resources to meet the organization's long-term goals. S

he is also defining the organization's activities for the next five years. In this scenario, Kia is most likely contributing to developing the company's ___________?
Business
1 answer:
ELEN [110]3 years ago
3 0

Answer: Strategic plan

Explanation: In simple words, it refers to the strategy in which the management tries to set the goals and objectives of the firm and allocate its resources effectively on different uses. It is done for long term purposes.

In the given case, Kia is allocating the resources and setting organisation activities for next five years.

Hence we can conclude that Kia is involved in company's strategic planning.

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Nash's Trading Post, LLC had an increase in inventory of $88800. The cost of goods sold was $414400. There was a $22200 decrease
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Answer: $525,400

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From the question, we are informed that Nash's Trading Post, LLC had an increase in inventory of $88800, the cost of goods sold was $414400 and that there was a $22200 decrease in accounts payable from the prior period.

Using the direct method of reporting cash flows from operating activities, Nash's's cash payments to the suppliers will be:

= $88,800 + $414400 + $22200

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The identification of the following terms as an accounting principle, assumption or constraint is

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In this way the identification of the accounting terms would be done

The same is relevant too

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