Timmons Corporation purchases office supplies for $350 cash. Debit Supplies $350, credit Cash $350.
A legal entity is an organization (usually a group of people or a legal entity) authorized by the State to act as a single entity and legally recognized as such for a specific purpose. Early incorporated entities were established by charter. Most jurisdictions now allow the formation of new companies through registration.
A corporation is a business entity owned by shareholders who elect a board of directors to oversee the activities of the organization. A company is responsible for its actions and finances, but its shareholders are not.
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Answer: The following methods does not help reduce marketing risks: <u><em>Integrate vertically to insure a market or form a marketing alliance.</em></u>
Integrating a firm vertically and thereby forming a marketing alliance won't reduce the marketing risks for any organization.
<u><em>Therefore, the correct option in this case is (c).</em></u>
Answer:
C. a prospectus.
Explanation:
Before a firm make an offering of its securities public, it must provide investors with prospectus as it contains the aims, purpose and objectives of the firm. All relevant information about the firm is contained therein.
Prospectus provides clarity to intending investors such as shares to be offerred for sale, issues on tax to be paid, investment policies, component of the fund and shares redemption etc. It is a legal document required by securities and exchange commission which gives information of an investment offering to the public about the sale of securities such as stocks, shares, bonds etc.
The prospectus must also give a concise information because investors will rely on it whether to invest by reviewing the investment fund and to check whether to invest in such fund.
The answer to this question is Directive style
Leaders with directive style tend to like setting clear objectives for every member of the organization.
This type of leader usually will impose specific rules and expectations for the members so each members will understand what that leader is trying to achieve.
Answer:
Disseminator role.
Explanation:
Disseminators play the important part of communicating important and useful information to colleagues and the team. Generally managers are responsible for transmitting information regarding management expectations to employees with a view of achieving organisational goals.
Tyler as a finance manager at an automobile manufacturing company. Collects information from summer interns regarding improvements in finance strategy. He communicates this information to the Chief Financial Officer. This is a dissemination function by Tyler.
