Kyiv, the manager of an accounting department, helps his CFO in framing the financial policies of his company. in this scenario, Kyiv is carrying out the leadership role of a(n) strategy developer.
The definition of a manager is someone who is responsible for overseeing and motivating employees and directing the progress of an organization. Examples of managers include those responsible for customer service, handling customer disputes, and supervising and monitoring customer service representatives.
A good manager can lead a team and help it grow while maintaining complete control over the business and its performance. These people are the ones who can always adapt to new situations, encourage others to reach their full potential, and achieve their highest goals. A manager is an organizational representative who is responsible for managing the work of a group of employees and taking necessary actions when necessary.
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From the given scenario, it can
be inferred that Jake belongs to the information systems steering committee. <span>Steering committee make sure every IT project
supports business goals and objectives. It provides support, guidance and
oversight of progress. The committee is responsible for creating working groups
and choosing the right experts to complete a project.</span>
Answer:
The right answer will be "FASB ASC 820".
Explanation:
- FASB ASC 820 offers a fair market value structure for evaluating financial reports transactions, addresses appropriate valuation methodologies, addresses estimation methods inputs, and defines an accrual accounting hierarchy something which prioritizes inputs.
- It needs detailed information about the value of program assets in the financial statements.
Answer:
4. cannot currently produce.
Explanation:
The Production Possibilities Frontier is a graph that shows a combination of goods that can be produced using the resources and technology available and the points outside this curve are not possible to produce with the current levels of resources and technology. According to this, the answer is that any point outside a country's production possibilities frontier represents a combination of two goods that an economy cannot currently produce because that will require more resources and technology.
Answer:
Explanation:
Annnual Interest Income = 60 million * (1+3%) - 7million
= 1.8million
Annual Interest Expense = 70 million * (1+1%) - 70 million
= 0.6 million
Profit = 1.8 million - 0.6 million
= 0.2million
If all interest rates were to rise by 1 percent, that essentially means the spread between Treasury note interest and CD interest remains the same as both the interest rates are increasing by 1 percent equally. Therefore, there won't be any effect on the profit of the bank.
If interest rate rise 1 percent, bank's profit in the second year falls to = 60 million *(3%-2%)
= 0.6 million