Answer: (C) Controlling
Explanation:
The controlling is one of the most important function in the management as it involves proper planning, directing and the organizing all the function in the system.
The main objective of the controlling is that it helps in evaluating the management process and also helps in the error checking in order to taking the various types of decision for the correction purpose.
According to the given scenario, the controlling is one of the management responsibility that involve against the given budget for the purpose of evaluation in an organization.
Therefore, Option (C) is correct.
First if all remember that the flexible policy was created as an strategy to calls for a reaction <span>that can be easily modified to respond to war circumstances. This means the government is giving more power to the arms race because this strategy is not only limited to enhance nuclear arms but any weapon. Of course that budget is not going to be used for many other rograms as agriculture or health which are also important. </span>
The statement "The Sarbanes-Oxley Act in 2002 was created to protect consumers against false advertising by monopolies." is false.
Sarbanes-Oxley Act placed the obligation of responsibility for a company's financial reporting squarely on the shoulders of its top executives in order to safeguard investors from corporate accounting fraud.
It required chief executive officers (CEOs) and chief financial officers (CFOs) to personally attest to the correctness of the information in financial reports and to affirm that controls and procedures were in place to evaluate and verify that accuracy.
In reality, CEOs and CFOs had to personally certify that financial reports complied with Securities and Exchange Commission(SEC) rules by signing them. Failure to comply with this might result in fines of up to $15 million and 20-year prison terms.
Hence, the given statement is false.
Learn more about the Securities and Exchange Commission:
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Answer:
Preferred stock
Explanation:
The capital market instruments refer to the instrument that involves stock, bonds, debentures, the preferred stock that deals in the securities and come under the capital
Also, the other options that are mentioned are the money market examples
Therefore the correct option is preferred stock and the same is to be considered
Answer:
Entries are given below
Explanation:
Calculations
Cash = ($68,000 x 90%) - ($68,000 x 2%)
Cash = $61,200 - $1,360
Cash = $59,840
Loss on sale = ($68,000 + $3,800) - ($59,840 +$5,800)
Loss on sale = $71,800 - $65,640
Loss on sale = $6,160
Entries
DEBIT CREDIT
Cash $59,840
Loss on sale $6,160
Receivable from factor $5,800
Recourse liability $3,800
Receivables $68,000
