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mestny [16]
3 years ago
7

Financial statements serve as a basis for management to develop expectations of where the company will be in future periods.

Business
1 answer:
bezimeni [28]3 years ago
5 0

Answer:

The statement is not true.

Explanation:

Financial statements are the one which is made by the management of the company and it represents the financial position and the performance of the company at a particular point of time. So, it can not serve as a basis for the management that they could develop the expectation where the company will stand in the future years or periods.

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Who agrees to pay for certain types of losses in exchange for payments on a policy?
LenaWriter [7]
Who agrees to pay for certain types of losses in exchange for payments on a policy? An insurer. An insurer is someone representing a company that is insuring someone else. When you are insured, you are paying for a policy and if you need to file a claim against your policy, the insurer will pay out the loss. 


3 0
4 years ago
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Which performance management technique initially involves the identification of a large number of critical incidents, followed b
FrozenT [24]

Answer:

A. Behaviorally Anchored Rating Scale

Explanation:

The behaviorally anchored rating scales, called BARS for short, indicates both qualitative and quantitative data to the employees appraisal process. BARS uses behavioural movements as reference rather than using the traditional generic descriptors. It identifies critical behaviours of a large group, classify these behaviors into performance dimensions and then rank these behaviors into levels of performance.

8 0
4 years ago
If you purchase one coca-cola’s corporate bonds with a par value of $1000, and a coupon (interest rate) of 2.5% per year for 10
Tresset [83]

Answer:

$26000

Explanation:

P*(1+r*t)=

1000*(1+2.5 *10)=26000

8 0
3 years ago
Fred is required to pay Wilma $12,000 of alimony each year until their child turns 18. At that time, the payment will be reduced
Elan Coil [88]

Answer:

c. $12,000

Explanation:

In this question, we assume the Fred and Wilma divorced in year i.e before 2019. Since in the question, it is given that the Fred paid $6,000 Wilma and $6,000 directly to the Law school Wilma is attending i.e not related to the child

Both payments are related to Wilma  so we consider these payments and reflects the received payment which equals to

= $6,000 + $6,000

= $12,000

All other information which is given is not relevant. Hence, ignored it

4 0
3 years ago
Which career would benefit from an apprenticeship?
Grace [21]
An apprentice is someone who agrees to work in a field (trade) for low wages for training purposes.

The answer is art direction.
7 0
4 years ago
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