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oee [108]
3 years ago
11

As a new​ controller, reply to this comment by a plant​ manager: "As I see​ it, our accountants may be needed to keep records fo

r shareholders and Uncle​ Sam, but I​ don't want them sticking their noses in my​ day-to-day operations. I do the best I know how. No bean counter knows enough about my responsibilities to be of any use to​ me." Why are accountants valuable to the organization? What responsibilities do managers have in understanding financial information?
Business
1 answer:
fiasKO [112]3 years ago
6 0

Answer: Accountants play major role in firms in handling financial records and auditing. Managers know financial information based on either background knowledge or learning on the job

Explanation:

The accountants are valuable to the organization because they monitor the monetary information that concerns the firm, they handle how cash come in and keep track of how they are spent, all these makes them valuable even to the extent of auditing information as regarding the firm. Managers might understand financial information either based on how they monitor what occurs in the organization or what they learnt in from college. But it's unsafe for the managers to handle financial situation without the aid of a professional accountant.

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A stock currently sells for $25 per share and pays $0.24 per year in dividends. What is an investor's valuation of this stock if
Kisachek [45]

Answer:

B) $26.30

Explanation:

To determine an investor's valuation of the stock we must calculate the present value of next year's dividend and selling price:

present value = [dividend / (1 + rate)] + [selling price / (1 + rate)]

present value = [$0.24 / (1 + 15%)] + [$30 / (1 + 15%)] = $0.21 + $26.09 = $26.30

4 0
3 years ago
DirectProtect is an insurance provider that uses telemarketers rather than insurance agents to sell its insurance and to deal wi
katovenus [111]

Answer:

d. Constraint

Explanation:

The dependent variable variations are explained as an effect, due to variations in causal independent variables. The dependent variable might be in form of an objective function, as a function of independent variables, which needs to be maximised or minimised. Constraint is a limitation to the objective function maximisation / minimisation.

Given case : Introducing product in new markets (through telemarketers) & conducting research about success of sales efforts - has 'Sales' as the main objective function to be maximised, dependent on independent variable like Telemarketers . Constraint could be any restriction in form of budget , time (six months time mentioned)

3 0
3 years ago
Rangle contracts with Siena to buy a certain horse for her. Rangle makes a deal with Timberline Stables, the owner of the horse,
Ann [662]

Answer: indemnification

   

Explanation: The indemnification clause is essentially the other party's obligation to compensate your damages if they do something that hurts you or allows you to be sued by a third party.

Indemnifying and keeping innocent means the same thing — making it whole after a defeat. Usually, but not always, the obligation to indemnify is reconcilable with the contractual obligation to "keep harmless" or "save harmless.

Hence from the above we can conclude that Rangle has right of indemnification.

6 0
3 years ago
Which person would most benefit from homeowners insurance?
atroni [7]

The person would most benefit from homeowners insurance is D) Fran lives in an assisted living facility.

<h3>What is insurance?</h3>

Insurance can be described as the way of  managing your risk when someone subscribe to  insurance,  then the  protection against unexpected financial losses is been gotten.

Hence, The person would most benefit from homeowners insurance is D) Fran lives in an assisted living facility.

Therefore , option D is correct.

Learn more about insurance at:

brainly.com/question/25855858

#SPJ1

4 0
2 years ago
Which Of The Following Page Titles Would Be Most Suitable For A Website Page Describing A Store’s Return Policy?
Stolb23 [73]

Answer:

b. Company Name's Return Policy

Explanation:

In E commerce, A good refund or return policy can help protect your company and win your customers’ trust, but making sure your language is clear and concise is extremely important.

According to study, over 60% of customers review a Return/Refund Policy before they make a purchasing decision. It is the single most important agreement that e-commerce store needs to have as it can affect its customer retention rate.

8 0
3 years ago
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