United States. In the United States, the first professional medical degree is known as Doctor Of Medicine (MD.) A student must complete a 4 year Undergraduate degree in order to pursue a MD. Upon completing undergraduate studies, the graduate is expected to successfully pass the Medical College Admission Test (MCAT.)
The full form of GM is “General Manager“. A general manager (GM) is in charge of part or all of a company's operations, including generating revenue and controlling costs. He/She has overall responsibility for a business or a business unit within a larger organization.
Answer: Generally, when trying to solve a complex accounting problem in which there are obstacles and little knowledge about the subject, the most advisable thing is to work from a conceptual framework which serves as a guide to find a reasonable answer to the problem in question. In this case Marla was clearly working with a conceptual framework, and instead Jacob was not.
Answer:
Under FIFO, the ending inventory is based on the latest units purchased.
Explanation:
First in, first out inventory (FIFO) method values cost of goods sold using the purchase price of the "oldest" units in inventory. This means that the cost of the first units sold will be used to determine COGS.
On the other hand, last in, first out (LIFO) method uses the price of the most recently purchased units to determine the cost of goods sold.
Answer: Option B
Explanation: An organization and arrangement of interrelated elements can be defined as the structure of the primary subject. In simple words it can be described as many party of an element put together.
Strategy can be defined as the method or plan made to achieve future goals or objectives.
a. Strategy formulation cannot be done with out taking into consideration the structure. for example- a company with debt in its financial structure cannot take same risks as company with equity in its financial structure.
b. wrong strategy formulation can effect structure severely similarly structure of the organisation must be taken into consideration before
making strategy.
c. Structure of organisation is the primary consideration in making strategy thus its influence will be high.
Therefore right answer is statement B .
