How is the controlling process related to the planning process? (LO 5: Understand the importance of controls
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 71% (7 reviews)
A companys actual performance will rarely match the companys stated objec...View the full answer
Answered By
Asim farooq
I have done MS finance and expertise in the field of Accounting, finance, cost accounting, security analysis and portfolio management and management, MS office is at my fingertips, I want my client to take advantage of my practical knowledge. I have been mentoring my client on a freelancer website from last two years, Currently I am working in Telecom company as a financial analyst and before that working as an accountant with Pepsi for one year. I also join a nonprofit organization as a finance assistant to my job duties are making payment to client after tax calculation, I have started my professional career from teaching I was teaching to a master's level student for two years in the evening.
My Expert Service
Financial accounting, Financial management, Cost accounting, Human resource management, Business communication and report writing. Financial accounting : • Journal entries • Financial statements including balance sheet, Profit & Loss account, Cash flow statement • Adjustment entries • Ratio analysis • Accounting concepts • Single entry accounting • Double entry accounting • Bills of exchange • Bank reconciliation statements Cost accounting : • Budgeting • Job order costing • Process costing • Cost of goods sold Financial management : • Capital budgeting • Net Present Value (NPV) • Internal Rate of Return (IRR) • Payback period • Discounted cash flows • Financial analysis • Capital assets pricing model • Simple interest, Compound interest & annuities
4.40+
65+ Reviews
86+ Question Solved
Related Book For
Entrepreneurship and Effective Small Business Management
ISBN: 978-0133506327
11th edition
Authors: Norman M. Scarborough, Jeffrey R. Cornwall
Question Posted:
Students also viewed these Business Law questions
-
The first step in the controlling process involves measuring performance. If you were John Thain, how would you measure the performance of the financial planners? Be specific.
-
The final step in the controlling process involves taking corrective actions if necessary. a. What types of corrective actions would you take to help control the performance of financial planners? b....
-
The founder, president, and major shareholder of Hawthorne Corp. recently sold his controlling interest in the company to a national distributor in the same line of business. The change in ownership...
-
In Exercises 7192, find and simplify the difference quotient f(x +h)-f(x) h -, h = 0
-
A glass sphere (n = 1.50) with a radius of 15.0 cm has a tiny air bubble 5.00 cm above its center. The sphere is viewed looking down along the extended radius containing the bubble. What is the...
-
Excel is used to find the mean and standard deviation of a discrete probability distribution and the results are as follows: = 2.0 and = -3.5. Can these results be correct? Explain.
-
According to mainstream organization theory some factors may influence organizational structure more than the private public status. What are these factors? LO.1
-
Figure is a system sequence diagram for the use case Record dental procedure in the dental clinic system. Do the following: a. Develop a first-cut sequence diagram, which only includes the actor and...
-
Islamic Finance question Define stakeholder. Explain the difference between Anglo-American model and Franco-German model of corporate governance. Which one is more relevant for Islamic finance and...
-
1. How does Apple use strategic management to compete? 2. What is leaderships role in Apples strategic implementation? 3. What are key forces in the general and industry environments that affect...
-
Describe the three basic strategies available to small companies. Under what conditions is each most successful? (LO 4: Discuss the characteristics of three basic strategies)
-
What factors should an entrepreneur consider before choosing a form of ownership? (LO 1: Discuss the issues that entrepreneurs should consider when evaluating different forms of ownership)
-
The comparative financial statements prepared at December 31, 2012, for Prince Company showed the following summarized data: *One-third was credit sales. During 2012, cash dividends amounting to...
-
Critical Values. In Exercises 41-44, find the indicated critical value. Round results to two decimal places. 41. Z0.25 42. Z090 43. Z0.02 44. Z0.05
-
Case Study X Ltd. has 10 lakhs equity shares outstanding at the beginning of the accounting year 2016. The appropriate P/E ratio for the industry in which D Ltd. is 8.35. The earnings per share is...
-
Notation of 0 + Using the same survey described in Exercise 1, the probability of randomly selecting 50 speaking characters from movies and getting 40 females is expressed as 0+. Does 0+ indicate...
-
A simple random sample of 10 pages from a dictionary is obtained. The numbers of words defined on those pages are found, with the results n = 10, x = 66.4 words, s = 16.6 words. Given that this...
-
Question 3 58.5 Average global temperature 1880-2013 58.0 $ 57.5 57.0 56.5 1880 1900 1920 1940 1960 1980 2000 2020 Year The graph above indicates that global temperatures have Ovaried randomly over...
-
Briscoe Company issued $700,000 par value, 5-year, 4% bonds on April 30, 2022. The bonds are dated January 1, 2022, and pay interest semiannually on June 30 and December 31. The bonds are sold at...
-
Pearl Medavoy will invest $10,240 a year for 20 years in a fund that will earn 10% annual interest. . If the first payment into the fund occurs today, what amount will be in the fund in 20 years? If...
-
What benefits does a small business get by offering customers credit?
-
What costs does a business incur by selling on credit?
-
Why is developing a financial plan so important to an entrepreneur about to launch a business?
-
Show that the convexity for a zero coupon bond with m payments per year is (m) n(n + -)(1+ m m
-
Abdul Canarte , a Central Bank economist, noticed that the total group purchasing basket of goods (CPI) has gone from $149,740.00 to $344,460.00 in 8 years. With monthly compounding, what is the...
-
ABC Corporation expects sales next year to be $50,000,000. Inventory and accounts receivable (combined) will increase $8,000,000 to accommodate this sales level. The company has a profit margin of 6...
Study smarter with the SolutionInn App