Organizations often have different operations. The starting point for preparing the operating activities section using the indirect method is Net income.
- Net income is simply known to be the gross profit and removing all other expenses, costs and any other income and revenue sources that are not included in gross income.
A lot of other costs is often removed from gross to make it be at net income. They include interest on debt, taxes, and operating expenses or overhead costs.
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Answer:
C. individuals
Explanation:
The law treats corporates organizations as legal citizens. It gives them commercial right to own property, enter into contracts, and incur debts. Corporates have tax obligations, just like individuals. They can sue and be sued.
The law considers a corporate as a separate entity from its owners. It distinguishes the assets and liabilities of the institutions as different from those of its founders. A corporate has an infinite life. The death of its shareholders does not automatically mean its termination.
When I hear the word criminal, I think of someone who did something bad, really bad. This person probably stole a large item or robbed a bank for a large lump-sum of money. When I hear white collar criminal, I think of someone who stole from a company they work for or family member, even though they did not need to steal anything as they are well-off.
Answer:
D. Concentrating on looking at the message from the receiver's perspective.
Explanation:
When writing a business message, it is important to ensure that the perspective of the receiver is considered. There are two sides to a message; the speaker and the receiver. By making a business writtings audience oriented, it means that thoughts of the receiver or audience is considered alongside the message.
Although other skills such as; present ideal clearly but concise, attempt to get your audience to believe and accept your message, write to solve a problem or convey information are essential qualities of business writtings, yet do not point to audience oriented message.
After prospects have been identified and qualified, the next step in the selling process is the preapproach. This step requires the salesperson to learn as much as <span>possible about the potential customers wants and needs.</span>
