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Mademuasel [1]
3 years ago
6

16. Who has the control and management of company? (1) (a) Managing committee (b) Partners

Business
1 answer:
Oksana_A [137]3 years ago
8 0

Answer:

(d) Board of directors

Explanation:

The board of directors is at the summit of a company's organizational structure. It is the most senior decision-making organ of a company. It is composed of a group of individuals elected to represent the shareholders. The board of director's main role is to give policy direction and oversight the top management.

The board of directors is a  purely managerial body. It meets at intervals to discuss company affairs. The board of directors recruits the chief executive officer of the company.

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The first budget customarily prepared as part of an entity’s master budget is the blank____________ .
Andreyy89

Answer: sales budget

Explanation:

The first budget customarily prepared as part of an entity’s master budget is the sales budget.

Sales budget is simply financial plan, that shows how resources will have to be distributed in order for the predicted sales to be achievable.

4 0
4 years ago
Identify and explain three functions of the Managing Director.
Monica [59]

Answer:

Developing and executing the company's business strategies.

Providing strategic advice to the board and chairperson.

Preparing and implementing comprehensive business plans to facilitate achievement.

Explanation:

5 0
3 years ago
The Law of Demand states that when the price of a good rises, the Quantity Demanded will (Click to select) . b. The Law of Deman
lord [1]

Answer: See explanation

Explanation:

a. The Law of Demand states that when the price of a good rises, then the Quantity Demanded will (fall)

b. The Law of Demand states that when the price of a good falls, then the Quantity Demanded will (rise).

According to the law of demand, when there's an increase in the price of a product, there'll be a reduction in the quantity of the good that will be demanded by the consumers and vice versa.

5 0
3 years ago
What will be its effect on trade if business gets expands​
MatroZZZ [7]

Answer:

Countries that are open to international trade tend to grow faster, innovate, improve productivity and provide higher income and more opportunities to their people.

Explanation:

Trade is central to ending global poverty.  Open trade also benefits lower-income households by offering consumers more affordable goods and services.

Hope this helped!!!

5 0
3 years ago
Brothern Corporation bases its predetermined overhead rate on the estimated machine-hours for the upcoming year. Data for the mo
frez [133]

Answer:

$35.63

Explanation:

The formula for predetermined overhead ate is

= Predetermined fixed overhead rate ÷ Predetermined variable overhead rate

Where;

Predetermined fixed overhead rate = (Fixed overhead cost ÷ Estimated direct labor)

= $1,006,164 ÷ 34,200

= $29.42

But the predetermined variable overhead is $6.21 per machine hour

Therefore, the predetermined overhead rate is

= $29.42 + $6.21

= $35.63

7 0
3 years ago
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