In auditing accrued liabilities; an auditor's procedures most likely would focus primarily on management's assertion of Completeness.
Accrued liabilities are most effective mentioned below accrual accounting to symbolize the overall performance of a organization no matter their coins position. They appear at the stability sheet below present-day liabilities. Management assertions are claims made with the aid of using contributors of control concerning positive factors of a business. The idea is normally utilized in regard to the audit of an organization's monetary statements, in which the auditors depend upon plenty of assertions concerning the business.
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capri industries is considering an investment that has an initial cost of $26,500 and the following expected cash inflows: year cash inflow 1 $6,000 2 $8,000 3 $10,000 4 $5,000 5 $3,000 the expected payback period is years. multiple choice question. 4 5 3 2
Capri industries is considering an investment that has an initial cost of $26,500 and the following expected cash inflows, The expected payback period is 3.5 years.
A cost is the value of money that has been expended in the production or delivery of a good or service and is therefore no longer available for use in accounting, retail, research, or accounting. In business, the cost may be one of acquisition, in which case the cost is the sum of the money used to acquire it. An asset or item purchased with the intention of generating income or appreciation is referred to as an investment. The term "appreciation" describes a rise in an asset's value over time. When a person buys a product as an investment, they don't intend to use it right away; instead, they plan to use it to make money later on.
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games offer brands each of the following except: a. a targeted audience b. a low level of engagement c. a way to interact with brand fans d. low intrusion methods of promotion e. large reach
Games offer brands each of the following except a low level of engagement. So, the correct answer is option b.
A brand is a concept used in business and marketing to help consumers recognise a specific organisation, item, or person. As a result of their intangibility, brands cannot be physically touched or seen.
They so assist in influencing how people view organisations, their goods, or particular people. Brands frequently employ distinguishing characteristics to build their identities in the marketplace. They offer the business or person great value, giving them an advantage over rivals in the same industry.
As a result, numerous organisations apply for trademarks to protect their businesses legally. A brand is an intangible asset that aids in the identification of a particular business and its goods by consumers. This is especially true when businesses must differentiate themselves from rivals that offer comparable products online.
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1. the designer suit department received 220 suits for the fall season. at the end of the month 150 suits were on hand. what was the sell-through percent of the suits?
Original on hand divided by current on hand equals (220-150) divided by 220, or 31.82%.
How does the right hand Fleming rule operate?The direction of induced current in a straight conductor can be determined using Fleming's right hand rule. If we stretch the thumb, forefinger, and middle finger at a straight angle to one another, the forefinger of the right hand should be pointed in the direction of the magnetic field.
What is the Fleming rule of right and left hands?The thumb, forefinger, and middle finger of the right hand should be arranged perpendicular to one another according to Fleming's Right Hand Rule so that the thumb points in the direction of the magnetic force, the forefinger points in the direction of the magnetic field, and the middle finger points.
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what is the coupon rate of an annual bond that has a yield to maturity of 8.5%, a current price of $942.32, a par value of $1,000 and matures in thirteen years?
The coupon rate of an annual bond is 7.75 %.
942.32 = Interest x PVIFA (8.5 %, 13) + 1000 x PVIF(8.5 %, 13)
942.32 = Interest x 7.69096 + 1000 x 0.34627
Interest = ( 942.32 - (1000 x 0.34627))/7.69096
Interest = 77.50
Interest rate = 77.50/1000= 7.75 %
A bond is a loan that the bond customer, or bondholder, makes to the bond company. Governments, businesses and municipalities difficulty bonds once they need capital. An investor who buys a central authority bond is lending the government money. If an investor buys a corporate bond, the investor is lending the organization money.
In finance, a bond is a sort of safety underneath which the company owes the holder a debt, and is obliged – relying at the phrases – to pay off the most important of the bond at the maturity date as well as interest over a certain amount of time.
A bond is a debt safety, similar to an IOU. borrowers difficulty bonds to raise cash from investors inclined to lend them cash for a sure amount of time. while you purchase a bond, you're lending to the company, which may be a government, municipality, or corporation.
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A discretionary fiscal policy action to reduce inflation in the short run would be to?.
Discretionary fiscal policy action to reduce inflation in the short run would be to increase taxes or decrease govt. spending.
Discretionary fiscal policy refers to adjustments in tax rates and/or spending levels made by the government. For instance, lowering the VAT in 2009 to increase spending
Automatic fiscal stabilisers are distinct from discretionary fiscal policy. The purpose of discretionary fiscal policy is to balance the budget. It reduces the output gap's skewedness (see macroeconomic equilibrium). During a recession, it helps to boost economic growth, while during a boom, it helps to restrain both economic growth and inflation.
Inflation control is the aim of contractionary fiscal policy. Consequently, the instruments would be a cut in government spending or a hike in taxation. Inflation would decrease as a result, shifting the AD curve to the left, but it may also result in some unemployment.
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by the end of 2011, threadless hired jason macatangay as vice president of finance. which of the following descriptions best encapsulates his primary role at the firm? multiple choice analyzes the market expansion and revenue growth plan for the firm collaborates with marketing to finance advertising and promotion campaigns ensures efficient operation, attainment of goals, and maintenance of trademark creativity borrows funds to sustain product innovation and growth manages the accounting of funds and inventory
Answer:Ensures efficient operation, attainment of goals, and maintenance of trademark creativity.
Explanation:
Answer:Ensures efficient operation, attainment of goals, and maintenance of trademark creativity.
Explanation: Submitted and got the right answer!
When considering SWOT analysis, what is an example of an organizational weakness?
O Strong financing
O Skilled workforce
O Obsolete technology
O Minimal competition
When considering SWOT analysis, what is an example of an organizational weakness?
O Strong financing
O Skilled workforce
O Obsolete technology
O Minimal competition
when consumer confidence increases, ad __ . as a result, price level ___ and eventually the sras .
When consumer confidence increases, ad increases. as a result, the price level increases, and eventually the SRAS decrease.
Because a upward thrust in self-assurance is related to higher consumption and funding call for, it's going to lead to an outward shift inside the advert curve, and a pass of the equilibrium, from E0 to E1, to a better amount of output and a better price stage.
An unexpected exchange that shifts ad; a nice demand shock (along with a boom in customer self-belief) increases ad, however, a terrible demand surprise decreases the advert. A sudden exchange that shifts SRAS; a fine supply shock increases SRAS, but a poor supply surprise decreases SRAS.
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jerry is interested in purchasing a lot for new construction in a new subdivision. the commissioner has issued a preliminary public report in this case, allowing the subdivider to take reservations for lot purchases. does jerry have any recourse to change his mind?
Jerry may change his mind about the lot he has reserved. He is not committed simply because of the reservation. He may legally back out and receive a full refund, up until the time the final report is issued.
What kind of benefits does jerry see in reservation?The preliminary public report often referred to as the Pink report, is a term that describes a form of the public report, in which an individual or a developer is allowed to perform advertisements and take reservation deposit monies for purpose of sale or lease of lots, parcels or units within the subdivision.
These reservation deposits taken by a developer under a Preliminary Public Report are fully refundable.
Hence, Jerry may decide to change his mind about the lot he has reserved. Because, accordingly, he is not committed simply because of the reservation. Thus, he may legally back out and receive a full refund, up until the time the final report is issued.
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15-3.5casho is going to see a movie and is taking her 2 kids. each movie ticket costs $13 and there are an assortment of snacks available to purchase for $5 each. how much total money would casho have to pay for her family if she were to buy 4 snacks for everybody to share? how much would casho have to pay if she bought xx snacks for everybody to share?
Casho have to pay $59 if she bought 4 snacks for everybody to share.
Given,
Casho + her 2 kids would equal 3 people in total.
According to the question, the tickets are $13 each.
Since there are 3 tickets and price of each ticket is $13 hence we will multiply 13 by 3 to get the total price of three tickets which is 39
= 13 x 3 = 39
According to the question, snacks are available for $5 each.
We need to find the total price of ticket and snacks given price of each snack is 5 and we multiply 4 by 5 to get the answer 20 and we add this to 39 to get the answer 59.
= 39 + 5(4)
= 39 + 5(4)
= 39 + 20 = $59
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How did the territorial acquisition resulting from the spanish-american war affect the united states economy?.
The maximum huge final results of the Spanish American War turned into that the USA have become a global naval energy, seemingly overnight, a function it has in no way relinquished. The United States had now no longer been a primary energy.
In this time duration, energy turned into described through naval energy and the capacity to “venture,” or deploy, that energy anyplace needed. In the duration main as much as the Spanish American War, the United States had now no longer been a primary energy. The cause specifically needed to do with coal, or greater nicely coaling stations, which have been locations in which coal turned into stockpiled and in which there has been the infrastructure for loading it aboard a ship. Without an area to re-coal, a ship’s variety turned into seriously restrained due to the fact in instances of war, neutrality legal guidelines handiest allowed impartial countries a restrained capacity to resupply a country at war. Therefore a country’s naval energy turned into strictly restrained through in which it had coaling stations below its manage from which it may resupply with coal and probable ammunition in instances of war.
Otherwise, a naval vessel could discover itself withinside the equal catch 22 situation that Commodore George Dewey skilled aboard the OLYMPIA. With a complete deliver of coal aboard ship (which he did now no longer), the ship, with cautious manage over its pace, and cruising at a pace of 10 knots, the OLYMPIA should cruise 6,000 miles. If matters did now no longer move as was hoping at Manila Bay, Dewey could have discovered himself 7,000 miles from an American base to resupply. A army concern to those forms of constraints couldn't venture energy. The Spanish American War had a primary effect on American advert global history. After the war, the USA turned into converted right into a global energy. Its new far-flung colonies allowed for it to have a international army permitting for the country to come to be a international financial energy. This set the level for what could come to be referred to as the “American Century.”
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brett performed the queens college step test to estimate his vo2max. immediatley following the 3 minutes of stepping, he calculated his recovery hr as 141 bpm. what is his estimated vo2max? round your answer to the first decimal place.
39.8 mlsO2/kg min is his estimated vo2max
VO2max = 65.81 - 0.1847HR in bpm
= 65.81 - 0.1847 * (141)
= 39.8 mlsO2/kgmin
The term VO2 max refers to how much oxygen your body can absorb and use during exercise.
If you want to improve your aerobic fitness, you should consider increasing your VO2 max (sometimes called your oxygen uptake).
The maximum (max) rate (V) of oxygen (O2) that your body can use during exercise is referred to as VO2 max.
Oxygen is an essential component of the respiratory process that involves breathing. As you breathe in oxygen, your lungs absorb it and convert it into adenosine triphosphate energy.
The advantages are simple and clear: the higher your VO2 max, the more oxygen your body can consume, and the more effectively your body can use that oxygen to generate the most ATP energy.
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kai decides to keep his price the same and add color, increasing variable costs by $0.40 per issue. what is the percent increase in unit volume (copies per issue) required to maintain $500 profits and cover the increased fixed and variable costs?
This is based on the notion that the total amount that each sales quantity contributes to a company's profits is known as the contribution margin.
How is contribution margin and break even point calculated?The first part of the question is missing, so I looked it up:Kai charges college students $2.05 for each issue of his tiny magazine that is packed with famous rumors. The sole set expense is $431 per issue for renting the printing press for a single day. Each issue has a variable cost of $1.19 per copy.The contribution margin and break even point were as follows :contribution margin = $2.05 - $1.19 = $0.86
break even point in units = $431 / $0.86 = 501.16 ≈ 502 units
break even point in $ = 502 x $2.05 = $1,029.10
Kai has to sell 1,083 copies in order to make $500 in profits ($931 / $0.86 = 1,082.56 1,083).After color is added:contribution margin = $2.05 - $1.19 = $0.46
break even point in units = $431 / $0.46 = 936.96 ≈ 937 units
break even point in $ = 937 x $2.05 = $1,920.85
Kai needs to sell 2,024 copies in order to make $500 in profits ($931 / $0.46 = 2,023.91 = 2,024).To Learn more contribution margin refer to :
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a(n) is a summary of a firm's revenues and expenses during a specified accounting period, such as a yea
An income Statement is a summary of a firm's revenues and expenses during a specified accounting period, such as a year.
What is the significance of an income statement?
The purpose of an income statement is to inform investors, creditors, and readers about the company's profitability during the fiscal year. The income statement is the documentation of the company's profit and loss for the fiscal year in the context of corporate finance.
An income statement summarizes a company's revenues, expenses, and cash flow over time. It is also referred to as a profit-and-loss (P&L) or earnings statement.
Therefore, It displays your revenue from the sale of products or services. expenses to generate revenue and manage your company
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a hotel has 190 rooms to rent. the rooms are all rented if the price is $40 per night. for each dollar increase in price, the hotel finds it rents three fewer rooms. what is the room rate which maximises revenue? give your answer to the nearest dollar? do not include the $ sign, only enter the number.
The room rate which maximizes the revenue is 52.
If the price per night is T more than 40, that is if the total price is 40+x per night for every room, the number of rooms rented will be 190-3x, because if the price is increased by T, the number of rented rooms decrease by 3x.
Total revenue is given by the product of the number of rooms and the price of each room for one night.
Hence, revenue function R(x) is given as:
R(x)=(40+x)(190-3x)
Here, we need to remember that x ≥ 0 and 190-3x ≥ 0, because 190-3x is the number of rooms rented, which has to be a positive number.
R(x)=-3x²+70x+7600
We need to find the rate which maximizes R(x). For this, we will first find T that maximizes R(x)
For finding the maximum, we differentiate the function once. Since this is a two-degree polynomial (that is a quadratic function) with a negative leading coefficient, it will have a maximum value at the point where the first derivative is zero. So, we differentiate the function and equate it to zero.
= R'(x)=d/dx (-3x²+70x+7600)=0
= d/dx(-3x²+70x+7600)=-6x+70=0
= x= 70 / 6 = 35 / 3
This satisfies both the conditions (that x ≥ 0 and 190-3x ≥ 0)
Therefore, the room rate that maximizes is 40+x=40+35/3=155/3
Rounding off to the nearest dollar, the final answer is:
52 should be the rate of the room such that the revenue of the hotel is maximized.
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according to the constant growth dividend discount model the price of a stock whose dividend is growing at a rate g will:
The constant growth dividend discount model predicts that the price of a company whose dividend grows at a rate of g percent will rise over time at a rate of g percent. Thus, the right option is Increase overtime at the rate of g percent.
How do companies calculate dividends?A dividend is a revenue payment provided to shareholders by a company. When a company makes a profit or has a surplus, it can pay out a portion of its profits to shareholders in the form of a dividend.
Divide the number of outstanding shares by the dividend payout per share. For example, if a corporation's board of directors declares a dividend payment of $. 30 per share on 50,000 shares, the dividend payment equals $. 30 x 50,000 = $15,000.
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when a former partner of a registered public accounting firm who left the firm two years ago accepts a financial reporting oversight role at an issuer audit client, the independence of the registered public accounting firm is considered impaired unless:
A former partner of a registered public accounting firm who left the firm two years ago accepts a financial reporting oversight role at an issuer audit client, the independence of the registered public accounting firm is considered impaired the former partner has no remaining capital balance in the registered public accounting firm.
The term "economic reporting oversight function" means a function of accounting where in someone is able to or does exercising have an effect on over the contents of the economic statements or anybody who prepares them, which includes whilst the man or woman is a member of the board of administrators or comparable control or governing body, chief executive.
Rotation of Audit Partners. The lead and concurring companions on an audit engagement might also additionally serve of their respective capacities for no extra than 5 consecutive years and, following the rotation, won't offer such offerings to the equal company for a duration of 5 consecutive years.
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if one of the production crew members in the management in action case is known for keeping the team headed in the right direction to meet taping deadlines, this person would have the role of .
If a member of the production team in the management in action instance has a reputation for keeping the group moving forward to fulfill recording deadlines, this person would play the role of an orienter.
Orienter is one who helps a newcomer get used to social situations or local customs.
Orienter examines and explains the group's stance. summarizes what has been accomplished, identifies detours made by the group, and makes recommendations for how to turn things around.
The setup, breakdown, upkeep, and removal of musical and theatrical production equipment for stage work fall under the purview of the production crew. They are employed by touring bands, theater organizations, event venues, and production businesses.
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Wireless Solutions reports operating expenses of $835,000. Operating expenses include both rent expense and salaries expense. Prepaid rent increases during the year by $15,000 and salaries payable increases by $12,500. What is the cash paid for operating expenses during the year? (List cash outflows and any decrease in cash as negative amounts. )
Cash Paid for operating expenses during the year $830,000
What are operating expenses?
Operating expenses are costs that a business incurs to maintain its core operations on a daily basis.
In the above case
Total Operating Expenses reported by Wireless Solutions = $835,000
Increase in Prepaid Rent means ---during the year company has paid amount for prepaid expenses.
Increase in Salaries Payable means the salaries are outstanding and payment was not made by the company.
Operating expenses reported by company $835,000
Add: Increase in Prepaid expenses $15,000Less: Increase in Salaries Payable ($20,000)Cash Paid for operating expenses during the year $830,000
Hence, Cash Paid for operating expenses during the year $830,000
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in conveying property, jayson does not want to make a complete warranty of the property and promises only that he has not done anything to lessen the value of the property. what type of deed should jayson file?
In conveying the property, Jayson does not want to make a complete warranty of the property and promises only that he has not done anything to lessen the value of the property. The type of deed that Jayson should file is a A quitclaim deed.
What is quitclaim deed.?Generally, A quitclaim is, in most cases, the official abandonment of a legal claim against another person or of a title to land. A quitclaim may also refer to the resignation of a right to land.
A person is said to have "quitclaimed" a legal claim when they "renounce" that claim, "relinquish" that claim, or "transfer" a legal interest in property.
The present owner's complete interest in the property, including any warranties or covenants attached to the title, may be transferred using a Tennessee quitclaim deed form. The present owner (the grantor) is responsible for transferring any ownership interests that are permissible under the law to the future owner (the grantee).
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understanding the revenue generating ability of the core export activities of a local area has important implications on the market value of real estate. when the income that these activities generate is re-spent within the community on other local goods and services, the community is benefiting through a:
Understanding the revenue-generating ability of the core export activities of a local area has important implications for the market value of the real estate. When the income that these activities generate is re-spent within the community on other local goods and services, the community is benefiting through a Multiplier Process.
What is Multiplier Process?When implementing, analyzing, and assessing the effects of changes in government spending and revenue, one of the most crucial concepts you may use is the multiplier effect. It is useful for analyzing how changes in investment and exports affect more general macroeconomic goals.
In the circular flow, the multiplier effect happens when an initial injection results in a larger ultimate rise in real national income. Growth in exports, investment, or government revenue are only a few possible sources of this demand boost.
The multiplier effect results from the fact that one agent's expenditures are another agent's income. For instance, when a spending project results in the creation of new jobs, additional income and demand are injected into the circular flow of the nation.
An initial withdrawal or leakage of spending from the circular flow that triggers subsequent effects and a larger final decline in real GDP is known as a negative multiplier effect.
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which mode of entry is a contractual agreement granting a firm the right to use any kind of expertise of another firm in exchange for a fixed sum plus a royalty?
Nonequity-based modes is the mode of entry in a contractual agreement . A contract is an enforceable legal arrangement that establishes, details, and regulates the rights and duties of the parties.
What is contractual agreement?An enforceable legal agreement known as a contract. defines, specifies, and governs the parties' rights and obligations. The transfer of commodities, services, money, or a promise to transfer any of those at a later time are common components of contracts.
A contractual agreement, sometimes known as a contract, is an arrangement between two or more parties that establishes mutually binding legal responsibilities and permits or prohibits specific actions. If you don't follow these rules, you could be fined money, forced to perform community service, or even go to jail.
Legally binding contracts are useful tools for keeping businesses running smoothly. Business contracts offer the crucial legal safeguards you require for any operation.
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what are some of the pitfalls of allocating fixed costs on a variable allocation base, such as departmental sales? multiple select question. departments with higher sales are able to shift the costs to less profitable departments. costs allocated to one department are heavily influenced by what happens in other departments. departments with higher or improving sales will be allocated a larger percentage of the costs, thus shifting costs to their departments.
Departments with higher or improved sales will be allocated a larger percentage of the costs, thus shifting costs to their departments. Costs allocated to one department.
As a fraction of 100, a percentage is a number or ratio. The abbreviations "pct.", "pct.", and occasionally "pc" are also used to indicate it, though the percent sign, "%," is most frequently used. A percentage has no dimensions and no standard measurement.
percent, a comparative value denoting one hundredth of any quantity. One percent (symbolized as 1%), being the hundredth part, is represented by 100 percent, while 200 percent specifies twice the amount specified. percentage.
the picture
In order to move a potential customer from the initial stage of awareness to a closed sales, a salesperson must follow a set of cyclical steps.
An individual in a sales position is in charge of promoting and selling goods.
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jeff bets mike $1,000 that the uw-whitewater football team will win their next game. the warhawks win the game. mike refuses to pay the money. jeff wants to sue to collect his $1,000. will jeff win?
Jeff wants to sue to collect his $1,000 according to his bet. However he will win only if the bet was unconscionable.
A court may deem a contract unconscionable and decline to enforce it if it is unjust or burdensome to one party in a way that shows wrongdoing during its development. The likelihood that a contract will be ruled unconscionable increases if both unfair negotiation and unjust substantive terms are demonstrated.
Actions that are shockingly awful or outrageous and display a lack of conscience are referred to as unconscionable conduct. One of the justifications that courts can use to declare an entire contract, or portions of it, invalid is unconscionable conduct.
Any one of the following situations can make a contract unconscionable: wrongful influence Duress. unbalanced bargaining position.
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i have no idea
As a result of the American Revolution, the new United States immediately lost the ability to:
Question 1 options:
grow and produce crops on the farmland.
trade with Britain and many of its holdings in the West Indies.
trade with any countries at all other than Canada.
forage new homelands freely.
As a result of the American Revolution, the new United States immediately lost the ability to: forage new homelands freely. Option D
What is American Revolution?Generally, At the conclusion of the conflict, the United Kingdom ceded authority of the 13 colonies that had participated in the uprising.
The victorious ending of the Revolutionary War resulted in formal acknowledgment of their independence, the evacuation of British forces from North America, and provisional sovereignty of the region of North America that is located west of the Mississippi and south of Canada.
The powers to levy or collect taxes, regulate foreign or interstate trade, or form a federal court were not delegated to Congress in the Constitution.
Due to these deficiencies, the post-war Congress was made relatively powerless. After the country gained its independence, there was a dramatic shift in both politics and society.
As a direct consequence of the American Revolution, the newly formed United States of America instantly lost the power to: freely forage in new territories. The D Option
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gladys company negotiates a line of credit with its bank. the agreement specifies that gladys may borrow up to $100,000 at a 6% annual interest rate. when gladys signs the agreement with the bank, gladys should
Gladys company negotiates a line of credit with its bank. the agreement specifies that Gladys may borrow up to $100,000 at a 6% annual interest rate. when Gladys signs the agreement with the bank, Gladys should not make any journal entries.
What is a journal entry?
Generally, The act of maintaining or creating records of any transactions, whether economic or non-commercial in nature, is referred to as an entry in a journal.
An accounting journal is a record kept by an organization that details the transactions that have taken place and display the debit and credit balances.
The entry in the diary may include many records, each of which may be either a debit or a credit depending on the circumstance.
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dara noticed that a job applicant worked at a company where dara was previously employed. she called the company to obtain more information on the applicant and discovered that the applicant hadn't worked there at all. what type of background check did dara perform?
Dara noticed that a job applicant worked at a company where Dara had previously worked. Dara performed a background check on her employment history.
A business, abbreviated as co., is a legal body that represents an association of persons, whether natural, legal, or a combination of the two, with a specified goal. Members of the company work together to attain certain, stated goals. A business can be formed as a legal person so that the company itself has limited responsibility as members perform or fail to perform their duties in accordance with the publicly stated incorporation or published policy. When a firm closes, it may need to be liquidated in order to avoid ongoing legal liabilities.
Corporations can form alliances and register as new companies as a group; the resulting entities are generally referred to as corporate groups.
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Harrison is frequently nervous, tense, and worried, both at work and at home. He likely scores low on which of the big five personality dimensions?.
When Harrison is frequently nervous, tense, and worried, he likely scores low on extraversion dimension of the big five personality. In a nutshell, he scores high on the neuroticism dimension.
The Big Five Personality Dimension: ExtraversionAn extraversion personality likes to be accompanied by others. They like making friends and they get energized in the company of other people. This kind of person is usually talkative, assertive and expressive. This means that they like the idea of being famous and being the center of attention, including enjoying meeting new friends, new partners, new people and having many friends. People who score low in this personality commonly fall into neuroticism.
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what is a project? multiple choice a temporary activity undertaken to create a unique product, service, or result the application of knowledge, skills, tools, and techniques to project activities in order to meet or exceed stakeholder needs and expectations from a project any measurable, tangible, verifiable outcome, result, or item that is produced to complete a project or part of a project key dates when a certain group of activities must be performed
The project is a short-term activity undertaken to produce a one-of-a-kind product, service, or result.
Short-term assets, often known as securities in investments, are assets kept for less than a year. In accounting, the phrase "current" refers to a short-term asset that is projected to be turned into cash in less than one year, or an obligation that is due in less than one year. The accounting profession analyzes current assets and current liabilities, and in the investment sector, a security with a holding duration of one year or less is considered a short-term security.
Short-term or current assets are relevant when calculating several important financial ratios, such as the current ratio, turnover ratio, and measuring a company's liquidity.
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for a business to be successful in the early growth stage of the organizational life cycle, the two important things that must happen are .
For a business to be successful in the early growth stage of the organizational life cycle, the two important things that must happen are .
the founder or owner of the business must start transitioning from his or her role as the hands-on supervisor to a more managerial role.Increased formalization must take placeWhat is the growth stage of the organizational life cycle?The can be described as the stage in the business process which requires good management with alot of supervision.
It should be noted that this stage can determine the success of the business because once the business fails at this stage there is usually alot of loss that will follow.
Therefore, at this stage the owner of the business must be up and doing.
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