Answer:
PLANNING
Explanation:
Planning is the management function and process of thinking about the activities required to achieve a desired goal.
It is the first and foremost activity to achieve desired organizational results.
It involves the creation and maintenance of a plan, such that if the plan is followed, organizations can achieve their goals
Planning is also a management process, concerned with goal definition for a company's future direction and determines the resources to achieve such goals. To achieve goals, managers may develop plans, such as a business plan, sales plan or a marketing plan
Answer:
Inflation lowers the standard of living for people whose income does not increase as fast as the price level. Real GDP measures the: value of final goods and services produced within the borders of a country, corrected for price changes.
Answer:
The correct answer is Administrative expenses.
Explanation:
Administrative expenses refer to the expenses assumed by the company to be able to operate normally, where production costs are not included if it is a production company. Among these expenses are wages, aid, bonuses, pensions, etc. Its payment is obligatory therefore daily work is carried out that requires the support of the personnel.
Answer:
$45,000
Explanation:
Computation for the projected benefit obligation
December 31 PBO($278,000)
December 31 Plan assets 233,000
Funded status($45,000)
Therefore the projected benefit obligation was underfunded at the end of 2021 by: $45,000
Answer:
Total FV= $21,043.97
Explanation:
Giving the following information:
Interest rate= 7% compounded annually
<u>To calculate the total accumulated future value, we need to use the following formula on each deposit:</u>
FV= PV*(1+i)^n
Deposit 1= 3,500*1.07^5= 4,908.93
Deposit 2= 5,300*1.07^4= 6,947.22
Deposit 3= 7,500*1.07^3= 9,187.82
Total FV= $21,043.97
