Developing and using a budget is part of the "obtaining" component of financial planning. true false

Marius has been brought in as a consultant for a large organization. He is tasked with identifying the goals, policies, and acti

trapecia [35]

Because Marius is tasked with identifying of goals, policies and action, then, he will be implementing a Strategic Management.

<h3>What is Strategic Management?</h3>

A Strategic management means a strategies implemented to achieve a better performance and competitive advantage for an organisation.

The process of a strategic management includes

Defining the Mission Statement
Analysing the Environment
Organisational Self-Assessment
Establishing Goals and Objectives
Formulating Strategy

In conclusion, since he is tasked with identifying of goals, policies and action, then, he will be implementing a Strategic Management.

Read more about Strategic Management

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3 0

2 years ago

If the coupon rate on a bond is higher than the yield to maturity, Multiple Choice the bond sells at a discount. the coupon rate

Law Incorporation [45]

Answer:

the current yield on the bond is lower now than when the bond was originally issued.

Explanation:

A bond can be defined as a debt or fixed investment security, in which a bondholder (investor or creditor) loans an amount of money to the bond issuer (government or corporations) for a specific period of time. The bond issuer are expected to return the principal (face value) at maturity with an agreed upon interest (coupon), which are paid at fixed intervals.

A yield to maturity can be defined as the bond's total rate of return required by the secondary market while the coupon rate is defined as the annual interest of a bond divided by its face value.

Hence, if the coupon rate on a bond is higher than the yield to maturity, the current yield on the bond is lower now than when the bond was originally issued.

7 0

3 years ago

Some laws prohibit discrimination in employment. These laws promote which of the following primary functions of law? A. promoti

Nostrana [21]

Answer:

A. promoting social justice

Explanation:

Discrimination in any manner is prohibited at all the public places, and work places are part of such places covered.

There cannot be any discrimination on the grounds of religion, color, gender, or by any other categorization.

In this manner, every individual is treated equally, irrespective of the background he or she belongs too.

This provides a social justice to every individual. In this manner the social status, personality is not hindered.

7 0

3 years ago

Which of the following statements is false? Multiple Choice The short run refers to a period of less than one year. In the long

Jet001 [13]

Answer:

The short run refers to a period of less than one year.

Explanation:

The statements is false that the short run refers to a period of less than one year.

The short run, long run and very long run are different time periods in economics.

Short run – where one factor of production (e.g. capital) is fixed.

long run – Where all factors of production are variable,

Unlike in accounting where operating period refer to a period of one year, there is no hard and fast definition as to what is classified as "long" or "short" and mostly relies on the economic perspective being taken.

7 0

3 years ago

Causwell Company began 2018 with 11,000 units of inventory on hand. The cost of each unit was $4.00. During 2018 an additional 3

Kaylis [27]

Answer and Explanation:

For computing the cost of goods sold under two method first we have to determine the cost per unit which is shown below:

The average cost per unit is

= $108,750 ÷ 25,000 units

= $4.35

Now the cost per unit is

Total cost (11,000 units + 35,000 units) × $4.35 $200,100

Beginning units (11,000 units × $4) $44,000

The Remaining cost for 35000 units ($200,100 - $44,000) $156,100

Divide by Purchase cost per unit of 35000 units $4.46

Now the cost of goods sold are as follows

1. Under the FIFO method

Beginning 11,000 × $4.00 $44,000

Purchased 14,000 × $4.46 $62,440

Total 25,000 $1,06,440

2. Under the LIFO method

Purchased 25,000 × $4.46 $1,11,500

4 0

4 years ago