Answer:
Departmentalization
Explanation:
The departmentalization refer to the framework of the organization that involves various types of departments like finance, accounting, human resource, marketing, sales and services, etc
It is important to setting up each department so that the day to day task could be accomplished with the specified time and the company could achieve its organizational objectives
Therefore, as per the given situation, the most appropriate answer is departmentalization
Answer:
a. a majority of both shareholders and directors must approve.
Explanation:
Whenever a corporation decides to dispose off all of it's assets or substantially all of it's assets to another corporation, following points are noteworthy
- The Board of directors first have to propose a resolution regarding disposition which has to be approved
- Secondly post approval of the said resolution, the act of "disposition" also requires approval by the corporation's shareholders.
- Such approval must be obtained by majority of the votes cast in it's favor.
In short, disposition of all or substantially all the assets requires an approval of a majority of both shareholders and directors.
Answer:
d. discover errors that affect the equality of debits and credits
Explanation:
There are two sections in the trial balance, namely columns of debits and columns of credits. The combined columns of debit and credit will also be matched and equaled.
The debit sections report the assets and expenditures side while revenues shareholder equity and the liability portion are reported in the credit section.
What these countries can do in order to increase the amount of loanable funds is provide savings incentives.
This way, more people and companies will save their money, and thus there will be more loanable funds to be taken. These countries cannot simply print more money, as that would lead to inflation. Increasing interest rate will only deter people from borrowing money. And given that these two answers are incorrect, all of the above cannot be the correct answer either.
