To incorporate, which of the following will the state want to know about yourcompany?A. board of director education levelB. the purpose of your businessO C. the gross profit from the first quarterO D. first year, gross profit goalsSUBMIT

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Answered: To incorporate,

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter12: Balanced Scorecard And Other Performance Measures

Section: Chapter Questions

Problem 7MC: A good performance measurement system will align the goals of management with_______. A. the goals...

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Question 13 of 40 To incorporate, which of the following will the state want to know about your company? A. board of director education level OB. the purpose of your business SUBMIT C. the gross profit from the first quarter D. first year, gross profit goals
A good performance measurement system will align the goals of management with_______. A. the goals of the city manager and the mayoral staff B. the goals of the corporation, and both parties will benefit C. the priorities of the stockholders as listed at the annual meeting D. the Investment departments response to the annual audit
Governmental financial statements report whether financial resources received during a period were sufficient to cover the expenditures of the period, and whether spending was within budgetary limits. This is demonstrating: a. profitability. b. working capital management. c. fiscal compliance. d. resource optimization.
. ALY GRAHAM CRACKERS HONEY GRAHAM CR wor MOALDEATS WNRROR ENG SARANEL COLOR RAGNG AGENT IAWOMUR TRACT HONE San ALLARTOL MA erham ne: MUAmaR P. BASHER Year/Section: B PA HC VITY NO. 1- PUBLIC ACCOUNTING AND BUDGETING Enumerate the objectives of the government accounting according to Section 110, Presidential Decree 1445.
What is the major source revenue in non profit organization? Select one: a. Membership fees b. Sales goods c. Goods service d. All the other points
Which of the following is included in a complete set of financial statements? a. A statement by the board of directors of compliance with local legislation. b. A statement of changes in equity. c. Statements of financial position for the last five years. d. Value added statement.
A governmental agency can best be described by which of the following statements? A. has a primary purpose of making a profit B. has a primary purpose of using taxpayer funds to provide services C. produces goods for sale to the public D. has regular shareholder meetings
Organizational charts _____. A. list the salaries of all employees B. outline the strategic goals of the organization C. show the structure of an organization D. help management measure financial performance
Please help with the following: Review FASB Statement of Financial Accounting Concept No. 1, No. 4, and No. 8, as well as GASB Statement No. 1. Compare the financial reporting needs of the users of governmental, nonprofit, and for-profit entities. Identify a local government, nonprofit, and for-profit business in your community, and describe the resource providers/users for each type of organization. Explain the need for information for each resource provider/user group. Discuss how the objectives of the financial reporting listed for each type of organization meet these needs.
Identify the following funding sources as primarily public or private.a. Municipal bondsb. Retained earningsc. Sales taxesd. Automobile license feese. Bank loansf. Savings accountsg. Engineer’s retirement planh. State fishing license revenuesi. Entrance fees to Disneylandj. State park entrance fees
Retirement programs, unemployment benefits, financial aid and other expenses that involve transfers of money are considered _________________. a. Capital expenditure b. Consumption c. Utilization d. Transfer payments
Government financial reporting should assist report users in evaluating: a. Accountability b. Inter-period equity c. Stewardship d. Operating budgets

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