Options: True or False
Answer: True
Explanation: Financial statements is a written record of the inflow and outflow of funds in an organisation, it gives a description and clearer picture or view of how the financial activities taking place in the Organisation has been managed,it helps the decision makers to see the true picture and state of affairs of the Organisation.
EXAMINING FINANCIAL STATEMENTS HELPS TO REVEAL MORE DETAILED INFORMATION THAT CAN NOT BE OBTAINED BY JUST LOOKING AT INDIVIDUAL ITEMS IN A STATEMENT.
Answer:
D) Legitimate power.
Explanation:
What is power exercising?
It is known that leaders have diverse styles. However, there is also a concept of exercising power which only identifies what power a figure is utilizing. There are eight powers of leaders.
Legitimate power: The power a leader use when he has a certain position in the company.
Foreman has authority over it's employees that's because the employee is compelled to do as the foreman is saying.
The answer is false a good financial plan requires an insurance plan
Based on the stock's beta, the return on the market, and the risk-free rate, the expected return is 11.04%.
<h3>What is the expected return?</h3>
This can be found using the Capital Asset Pricing Model (CAPM).
Expected return = Risk free rate + Beta x ( Market return - Risk free rate).
Solving gives:
= 3% + 1.34 x (9% - 3%)
= 11.04%
Find out more on the Capital Asset Pricing Model at brainly.com/question/14727369.
