Question:
Which of the following management responsibilities is the managerial accountant using in this example?
Answer:
Planning, which includes setting goals and objectives for the organization as well as determining how to accomplish those goals.
Answer:
D.
Explanation:
Variety of sales jobs: There are hundreds, maybe thousands, of different types of sales positions. Almost every good or service you know of has a salesperson who sells it to one or more people.
Types of sales jobs:
-Retail sales person. Sells goods or services to consumers for their personal use.
-Wholesale sales person. Buys products from manufactures and sell to other organizations.
-Manufacturer’s sales representative, typically sell directly to wholesalers or retailers.
-Order taker: usually will ask the customer what he/she wants or wait for the customer to order. They do NOT have a sales strategy and often use no sales presentation. Example: think of a waiter.
-Order getter: get new and repeat business using creative sales strategies and a well-executed sales presentation.
Answer:
Following are the responses to the given question:
Explanation:
- In point a, it is false because the ownership of a stock owned by shareholders is directly adaptable by sale.
- In point b, it is false because the corporate bosses have no responsibility. A corporate company is an organization
- In point c, it is true because This company is going on a broad-based business. Its necessary capital is enormous but is obtained from three sources.
- In point d, it is true because the company money is calculated twice in normal conditions, except for where tax-deductible is declared for both the dividends in shareholders' hands.
- In point e, it is true because Its company's legality is distinct from those of its owners. That both companies, as well as the owner, are separate legal entities. Firms have a common seal as well as their titles.
- In point f, it is false because UNLIMITED was its life of corporates and the foundation of the 'Moving Concern' idea.
- In point g, it is true because the actual owner isn't a business agent. They're only the owner that gives money.
