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Maslowich
3 years ago
15

Synthesis Inc. periodically reviews the goals of the company. During the process, the managers of the company analyze their curr

ent strategies as compared to their competitorsâ strategies, determine goals that they will pursue, and decide upon specific actions for each area of the company to take in pursuit of these goals. With these actions, the managers are engaged in the management function of:_______. A. organizing.B. planning.C. goal coordination.D. controlling.E. leading.
Business
1 answer:
-Dominant- [34]3 years ago
5 0

Answer:

B. controlling

Explanation:

Controlling can be defined as that function of management which helps to seek planned results from the subordinates, managers and at all levels of an organization.

The controlling function helps in measuring the progress towards the organizational goals & brings any deviations, & indicates corrective action.

The function of control consists of those activities that are undertaken to ensure that the events do not deviate from the pre-arranged plans.

The controlling function that Synthesis Inc does is as follows:

periodically reviews the goals of the company: Measurement of actual performance.

During the process, the managers of the company analyze their current strategies as compared to their competitors strategies: Measuring actual performance with the pre-determined standard and finding out the deviations.

determine goals that they will pursue, and decide upon specific actions for each area of the company to take in pursuit of these goals:d. Taking corrective action.

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Martinez Manufacturing applies overhead based on direct labor hours. The company estimates that their overhead for the year will
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Answer:

The correct answer is C: underapplied by $2,500

Explanation:

Giving the following information:

Martinez Manufacturing applies overhead based on direct labor hours.

The company estimates that their overhead for the year will be $180,000 and that they will use 72,000 direct labor hours.

During the year, Martinez Manufacturing used 75,000 direct labor hours and actual overhead costs were $190,000

We need to calculate if the overhead was under or over applied and in what amount.

Predetermined overhead rate= total estimated manufacturing overhead for the period/ total amount of allocation base

Predetermined overhead rate= 180000/72000= $2.5 an hour

Now, we can calculate the amount of overhead allocated:

Overhead allocated= 75000 hours*2.5= $187,500

Over/under applied= actual overhead - allocated overhead= 190,000 - 185,500= $2,500 underapplied

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3 years ago
Use the following selected balance sheet and income statement information for Caroline Supply Co. (in millions) to compute asset
lidiya [134]

Answer:

3.15 times

Explanation:

Asset turnover = Sales revenue / Average total assets

Asset turnover = $1,135,420 / $360,600

Asset turnover = 3.15 times

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Federal Semiconductors issued 11% bonds, dated January 1, with a face amount of $800 million on January 1, 2021. The bonds sold
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You have received a research report done by a consultant for your firm, a life insurance company. The study is a survey of moral
Semmy [17]

Answer:

The research report must have the following attributes:

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Cheers

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the underwriting unit, when considering risk factors for individual and group disability insurance, will review the "carrier his
Greeley [361]

The underwriting unit, when considering risk factors for individual and group disability insurance, will review the "carrier history" of the group. The factors might the underwriters consider are stability, longevity, and price shopping.

Some major financial organizations, including banks, insurance companies, and investment firms, offer underwriting (UW) services, in which they guarantee payment in the event of harm or financial loss and accept the financial risk for responsibility resulting from such guarantee.

In a number of circumstances, such as insurance, security concerns in a public offering, and bank loans, an underwriting arrangement may be established. The underwriter is the person or organization that consents to sell a minimum quantity of the company's securities in exchange for a commission.

Once an underwriting agreement has been reached, the underwriter is responsible for the cost of keeping the underlying securities on its books while also taking on the risk of not being able to sell them.

To learn more about underwriting refer to:

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