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3 years ago

Which of the following statements is true of a mission statement?

2 answers:

5 0

The following statements is true of a mission statement:
e. A well-developed mission statement, no matter what the industry or size of business, will answer five basic questions.
d. A mission statement seeks to answer the question: "Why should you finance our business?"
c. A good mission statement is a complex, detailed statement that explains how the organization will contribute to its specific industry.

drek231 [11]3 years ago

3 0

Answer:

Letter a is correct. A well-developed mission statement should answer every possible question the company's customers could have about its processes and products.

Explanation:

The organizational mission statement reflects the company's core purpose, through which it is possible to analyze the corporate identity and the goals and objectives it intends to achieve, as well as to realize the benefits and added value that the organization intends to convey to its stakeholders. To be effective, it must contain statements that are capable of directing business strategy and assisting in the decision making process.

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When a supplies internal service fund records a billing to the general fund, the journal entry in the internal service fund will

g100num [7]

It would be a spider pig

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3 years ago

Australia's Health Insurance Commission processes 300 million health claims and makes annual payments of $8 billion of payments

Aleks04 [339]

The insurance company would store all its information in a data warehouse to support management decision making.

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brainly.com/question/25885448

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1 year ago

All of the following statements related to preparation of the statement of cash flows under U.S. GAAP and IFRS are true except:

iVinArrow [24]

Answer: IFRS permits the classification of cash outflows for interest expense under operating or financing based on which one results in better cash flows from operating activities.

Explanation: The cash flow statement includes only inflows and outflows of cash and cash equivalents; it excludes transactions that do not directly affect cash receipts and payments. These non-cash transactions include depreciation or write-offs on bad debts or credit losses to name a few.

6 0

3 years ago

Nunavet Ocean Cruises sold an issue of 12-year $1,000 par bonds to build new ships. The bonds pay 4.85% interest, semi-annuall

frez [133]

Answer:

bond market value $660

Explanation:

We need to calculate the present value of the maturity and the cuopon payment using the effective rate of 9.7%

First we do the annuity:

$C \times \frac{1-(1+r)^{-time} }{rate} = PV\\$

C 24.25 (1,000 face value x 4.85 bond rate / 2 )

time 24.00 (12 year 2 payment a year)

rate 0.04850 (current rate divide by 2 to get it annually)

$24.25 \times \frac{1-(1+0.0485)^{-24} }{0.0485} = PV\\$

PV $339.55

Then present value of the maturity

$\frac{Maturity}{(1 + rate)^{time} } = PV$

Maturity 1,000.00 the face value of the bond

time 24.00

rate 0.04850

$\frac{1000}{(1 + 0.0485)^{24} } = PV$

PV 320.89

Finally we add them together:

PV coupon payment $339.5545

PV maturity $320.8910

Total $660.4455

rounding to nearest dollar

bond market value $660

7 0

3 years ago

Question 9 of 20

Lubov Fominskaja [6]

Umm what ;-; Imao I don’t get this

7 0

3 years ago