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juin [17]
3 years ago
15

Timothy was tasked with creating the budget for the next fiscal year. He had to create a cost-profit analysis report of all the

current product lines of the company. He also had to identify avenues for possible cost reduction in the budget. What was Timothy’s position within his company?​
Business
2 answers:
myrzilka [38]3 years ago
8 0

Answer:

Finance

Explanation:

I took the end of semester test for plato thank me later.

Helga [31]3 years ago
3 0

Obviously, Mr Timothy’s position within the company is Chief Financial officer

Chief Financial officer is the officer responsible for management of company's finances and top-level budgets.

So, as the Chief Financial officer, his responsibility includes:

  • creating the budget for a fiscal year
  • creating a cost-profit analysis report
  • identifying avenues for possible cost reduction in the budget

In conclusion, Mr Timothy’s position within the company is Chief Financial officer

Read more about CFO

<em>brainly.com/question/25511920</em>

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The accumulated benefit obligation measures Group of answer choices the level cost that will be sufficient, together with intere
solong [7]

Answer:

the pension obligation on the basis of the plan formula applied to years of service to date and based on existing salary levels

Explanation:

Accumulated benefit obligation (ABO) is the nearest amount that represent the liability pension plan of the company for the time period. It is predicted and depend upon the assumption that the pension plan would be ended on instant basis also it would not considered any increment in the future salary

So according to the options given, it would determined the pension obligation that based upon the plan formula and the same would be applied to service years also it would be depend upon the existing level of salary

6 0
3 years ago
Off-balance-sheet activities consist of issuing financial instruments such as various types of guarantees and engaging in deriva
kramer

Answer:

True

Explanation:

Off balance sheet items are transactions that generate fees for the business (such as guarantees), and to hedge against future loss (such as futures investments).

Meaning assets and liabilities that are deferred or contingent to business success.

4 0
4 years ago
What are the quantifiable metrics a company uses to evaluate progress toward critical success factors?
GrogVix [38]

Answer:

<em>Key performance indicators (KPIs)</em>

Explanation:

A Key Performance Indicator (KPI) is <em>a tangible metric that indicates how successfully an organization is achieving core business goals. </em>

Organizations use these indicators to measure their performance in meeting goals. Key performance metrics have to be tracked and recorded in order to be beneficial; whether they shift in real time they must be recorded in real time.

KPI Interfaces are really the perfect platform a businesses performance tracking reports, since they can be used to visually depict a company's performance, a specific department, or a key business.

5 0
3 years ago
The management of Irving Inc., an apparel company based in Letonia, decides to expand the company's operations to several other
sergeinik [125]

Answer:

The answer to this question is B. It can modify its Web site according to the foreign countries' cultures.

Explanation:

A business environment is all internal and external factor that is capable of influencing organisations decision. While internal environment are mostly within the business itself, external factors are from without which means the business has little or no control  

For organisations to succeed in a foreign market, it is required to deal with large society and cultural differences that is practiced in that country.

 social - cultural factor is one of the external factors that can influence a business decision from without in the environment in which it operates.

The social cultural factors which includes belief, norms and customs of the people in that environment are what the business should adhere to in other to succeed in such country.

Therefore, modifying its web site according to the foreign country's culture is a step to achieve what has been explained above.  

Hence the answer to this question is B   It can modify its Web site according to the foreign countries' cultures.

3 0
3 years ago
Coles Company, Inc, makes and sells a single product, Product R. Three yards of Material K are needed to make one unit of Produc
mrs_skeptik [129]

Answer:

$40,970

Explanation:

The computation of the total cost of the material K is given below;

Material needed for August sales:

= 14,000 × 3

= 42,000

Desired ending inventory:

= 14,500 × 3 × 20%

= 8,700

Beginning inventory:

= 2,500

Now

Purchases in August:

= (42,000 + 8,700 - 2,500) × $0.85

= $40,970

7 0
3 years ago
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