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Jet001 [13]
3 years ago
10

Some managers set long-term goals and define strategies to achieve them. These are

Business
1 answer:
Katarina [22]3 years ago
6 0

Some managers set long-term goals and define strategies to achieve them. These are top level managers.

<h3>Top-level management comprises:</h3>
  • CEO
  • Director of Operations
  • Information Director
  • Administrative Director
  • Senior Executive
<h3 /><h3>Roles of top-level managers:</h3>

They exercise company governance, that is, they direct organizational systems in order to achieve the objectives and goals established for a company to be well positioned and profitable in the market.

Therefore, the top management of a company must be composed of visionary leaders who adapt to internal and external business conditions, seeking the best solutions for the business demand.

Find out more information about top-level managers here:

brainly.com/question/7151206

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During the year, a company recorded prepayments of expenses in asset accounts, and cash receipts of unearned revenues in liabili
bonufazy [111]

Answer:

(1) accrue salaries expense

Debit [e.] Salaries Expense

Credit [g.] Salaries Payable  

--------------------

(2) adjust the Unearned Services Revenue account to recognize earned revenue

Debit [a.] Unearned Services Revenue  

Credit [f.] Services Revenue  

--------------------

(3) record services revenue for which cash will be received the following period.  

Debit [b.] Accounts Receivable

credit [f.] Services Revenue

3 0
3 years ago
I knew their support was conditional even though they seemed friendly (use unconditional)​
Firdavs [7]

Answer:

I know their support was not unconditional though they seem friends.

Explanation:

If you are the Bhutanese student then I am sure this question came in 2017 BHSEC. Best of luck.

8 0
2 years ago
Fixed costs including depreciation have increased at Leverage Inc., from $4 million to $5.3 million in an effort to reduce varia
Anna35 [415]

Answer:

VC% = 73.5%

The New variable cost percentage of sales = 73.5%

Explanation:

Given;

New Fixed cost = $5.3 million

Total cost = $20 million

Total variable cost = $20 - $5.3 = $14.7 million

Variable cost percent=(total variable cost/total cost)×100%

VC% = (14.7/20) × 100%

VC% = 73.5%

5 0
3 years ago
Read 2 more answers
The overall sacrifice a consumer makes to acquire a product or service is known as
brilliants [131]

The overall sacrifice a consumer makes to acquire a product or service is known as <u>price</u>.

All the products and services offered in the market have a price, which is the money that the consumer or client must pay to complete the operation.

The price, at a conceptual level, expresses the value of the product or service in monetary terms and the overall sacrifice that the consumer must give to acquire said product or service.

  • Raw materials, production time, technological investment and competition in the market are some of the factors that influence price formation.

  • The increase in prices over time is known as inflation, while the opposite trend is called deflation.

Therefore, we can conclude that the overall sacrifice a consumer makes to acquire a product or service is known as price.

Learn more here: brainly.com/question/12435467

4 0
3 years ago
A piece of equipment (Asset class 15.0) was purchased bythe Jones Construction Company. The cost basis was $300,000. Determineth
aliya0001 [1]

Answer:

Alternative depreciation system (ADS depreciation) per year:

Year                     %                     depreciation expense

1                           8.32%              $24,960

2                          16.67%             $50,010

3                          16.67%             $50,010

4                          16.67%             $50,010

5                          16.67%             $50,010

6                          16.67%             $50,010

7                           8.33%             $24,990

General depreciation system (GDS depreciation) or MACRS per year:

Year                     %                     depreciation expense

1                            20%                $60,000

2                           32%                $96,000

3                           19.20%            $57,600

4                           11.52%             $34,560

5                           11.52%             $34,560

6                           5.76%              $17,280

5 0
3 years ago
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