Is the following example a social group or a task group?

The primary responsibility of the board of directors is to __________. Select one: A. oversee the affairs of the organization B.

Paladinen [302]

The primary responsibility of the board of directors is to (D) make daily operational decisions.(The main responsibility of a Board of Director is to make day-to-day management decisions. )

Explanation:

The main responsibility of a Board of Director is to make day-to-day management decisions. The primary purpose of the board of directors is to safeguard the shareholders interest by maintaining detached, impartial oversight on management.

Some of the duties of Board Members are:

To develop the Organization's Mission and Purpose.
Another important duty is to Monitor and Manage Financial Resources.
To Recruit New Board Members.
To Spread positive word of mouth about t the Organization.

So we can Say that The primary responsibility of the board of directors is to (D) make daily operational decisions

4 0

3 years ago

Seven months ago, you purchased 140 shares of Mitchum Trading for $50.07 per share. The stock pays a quarterly dividend of $.17

sesenic [268]

Answer:

The answer is $47.6

Explanation:

Solution

Given that

You bought = 140 shares of Mitchum Trading for $50.07 per share

The quarterly dividend = $.17

The current price = $51.03

So we find the total dividend income you received which is computed below:

The total dividend received = (0.17 * 2) * 140

=(0.34) * 140

= $47.6

Therefore the total dividend of income that you received is $47.6

4 0

2 years ago

The money and merchandise you owe to creditors are your ________.

Ber [7]

The answer is...
Liabilities

4 0

3 years ago

Gains from remeasuring a foreign subsidiary’s financial statements from the local currency, which is not the functional currency

Archy [21]

Answer:

Gains from remeasuring a foreign subsidiary’s financial statements from the local currency, which is not the functional currency, into the parent company’s currency should be reported as a(n):_______

d. Part of continuing operations.

Explanation:

Gains from the remeasurement of a subsidiary's financial statements from the local currency to the parent company's currency should be reported as part of the continuing operations. It forms part of the current income. They are not deferred. It is translation adjustments that are reported as other comprehensive income, not gains from remeasurement. Remeasurement gains from a subsidiary's local currency to the parent's are also not extraordinary items.

4 0

3 years ago

Peters Manufacturing Company has the following data at June 30, 2019:

nignag [31]

Answer:

Gross Profit $ 74,000

Cost of Goods sold $ 506,000

Explanation:

Peters Manufacturing Company

Income Statement

June 30, 2019

Sales $580,000

Total manufacturing costs 430,000

Add Work in process inventory, June 1 18,100

Cost of Goods Available for Manufacturing 548,100

Less Work in process inventory, June 30 30,400

Cost Of Goods Manufactured 517,700

Add Finished goods inventory, June 1 43,500

Cost Of Goods Available for Sale 561,200

Less Finished goods inventory, June 30 55,200

Cost of Goods sold $ 506,000

Gross Profit $ 74,000

5 0

2 years ago