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stellarik [79]
3 years ago
8

Which level of management sets general​ policies, formulates​ strategies, approves all significant​ decisions, and represents th

e company in dealings with other firms and with government​ bodies?
Business
1 answer:
qwelly [4]3 years ago
5 0

Answer: Top managers.

Explanation: Top managers examples are board of directors, president, vice-president, and CEO. These managers are duly responsible for controlling and overseeing the entire organization. They set and develop goals, strategic plans, company policies, and make decisions on the direction of the business. These top managers are responsible for controlling and overseeing the entire organization with the aim of achieving organization goals.

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Adjusting entries are Select one: a. usually required before financial statements are prepared b. not necessary if the accountin
Flauer [41]

Answer:

Correct option is (a)

Explanation:

Adjusting journal entries are passed before financial statements are prepared to so as to confirm if revenue recognition and matching principles are complied with. Adjusting entries are required to be passed if transactions is spread over multiple financial periods. For example, adjusting entry is passed if goods are received this year but payment will be made next year.

Before income statement and balance sheet is prepared, these entries are passed. Thereafter, adjusting trial balance is prepared and finally financial statements are prepared.

4 0
3 years ago
PLEASE HELP QUICKLY: (FIRST ANSWER GETS BRAINLIEST)
Georgia [21]

Answer:

the answer is C. People who earn a college degree are likely to earn more than those who have a high school education

5 0
2 years ago
Joanne and ed greenwood built a new barn with an attached arena. to finance the loan, they paid $1,307 interest on $45,000 at 4.
nikitadnepr [17]

Answer: The loan was taken for 265 days.

We arrive at the answer as follows:

First we find the ratio of interest paid to the total loan amount to determine the interest rate:

Interest paid  = $1,307

Loan Amount = $45,000

\frac{Int paid}{Loan amount} = \frac{1307}{45000} = 0.029044444

Since the interest rate calculated above is less than the annual interest rate at 4%, we conclude that the loan taken was for a period of less than one year.

We can determine the period for which the loan was taken as follows:

Let 'x' be the time for which the loan was taken.

We need to solve for x in the proportion below

0.04 : 365 ::  0.029044444:x

Solving we get,

\frac{0.04}{365} = \frac{0.029044444}{x}

x = \frac{0.029044444 * 365}{0.04}

x = 265.0305556

8 0
3 years ago
Stock R has a beta of 1.8, Stock S has a beta of 0.75, the expected rate of return on an average stock is 9%, and the risk-free
PIT_PIT [208]

Answer:

Stock R more beta than Stock S = 4.2%

Explanation:

given data

Stock R beta = 1.8

Stock S beta = 0.75

expected rate of return = 9% = 0.09

risk-free rate = 5% = 0.05

solution

we get here Required Return

Required Return (Re) = risk-free rate + ( expected rate of return - risk-free rate ) beta  ...........1

Required Return (Re) = 0.05 + ( 0.09 - 0.05 ) B

Required Return (Re) =

so here

Stock R = 0.05 + ( 0.09 - 0.05 ) 1.8

Stock R = 0.122  = 12.2 %

and

Stock S = 0.05 + ( 0.09 - 0.05 ) 0.75

Stock S =  0.08 = 8%

so here more risky stock is R and here less risky stock is S

Stock R is more beta than the Stock S.

Stock R more beta Stock S =  12.2 % - 8%

Stock R more beta Stock S = 4.2%

4 0
3 years ago
Alex's country was once communist, but now allows limited private ownership of companies, and lets market forces determine produ
ioda

Alex's country was once communist, but now allows limited private ownership of companies, and lets market forces determine production and pricing decision is the kind of 'Market Socialist' economy.

Market socialism, sometimes known as liberal socialism, is an economic system that strikes a balance between free enterprise and socialist planning. In this system, businesses are publicly owned, but output and consumption are determined by the market rather than by governmental planning.

In real life, Market socialism components have been present in a number of different economies. A version of market-based socialism, based on socially owned cooperatives, workers' self-management, and market allocation of capital, is usually regarded as having existed in the former Socialist Federal Republic of Yugoslavia.

To learn more about Communist

brainly.com/question/14018486

#SPJ4

8 0
1 year ago
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