59) A firms portfolio of business refers to: a) All the employees in a business b) The collection of a firms business c) The clients of a business d) A and B
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59) A firms portfolio of business refers to:
a) All the employees in a business
b) The collection of a firms business
c) The clients of a business
d) A and B
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- 109- A com[any’s corporate office has to decide between investing capital in a given business as it is in a high growth industry or divesting that business given its current low market share. The company's business is represented by which of the following? a. A star b. A question mark c. A cash cow d. A dog6. What is the purpose of a nomination committee of the board of directors?A. To nominate the directors who should stand for re-election at each annual general meeting of the company.B. To put forward nominations for new appointments to the board.C. To decide whether to accept nominations for new appointments to the board, put forward by the chairman or the chief executive officer.D. To review nominations for appointments to senior executive posts and the position ofcompany secretary.7. Which one of the following structures for the composition of an audit committee for a listed company is LEAST likely to meet requirements for good practice in corporate governance?A. Audit committee consisting entirely of non-executive directors.B. Audit committee consisting entirely of independent directors.C. Audit committee with a non-executive chairman, one representative of managementand other members who are non-executive directors.D. Audit committee with an executive director chairman and all…5. The concept of confidentiality applies to which of the following? a. All data and information systems b. Automated paper and verbal communications c. Clinical,financial and business records d. a and c e. All of the above
- 33 The business function is defined as "planning, organization, execution, coordination and control activities in order to bring together the materials, machinery and human resources in the hands of the enterprise in a way that will ensure that a certain amount of goods or services are produced at the desired quality, at the desired time and at the lowest possible cost". which one? a) Production B) Financing NS) Human Resources D) Marketing TO) management1. Doris has heard that one of the company’s competitors has been visited by a health and safety inspector and she is worried that they might be next. Advise the company on Doris’s concerns regarding health and safety of their workers involved in manufacturing.2. What are the various taxes that would apply to a limited company trading manufacturing?Sam just started work with Caprese Co. Sam will work at their offices from Mondayto Friday, 9-5pm. Caprese will provide Sam with all the equipment she needs tocomplete her job. Sam's business card says "Sam Sparks - Caprese Co".1) Explain one rule and 2) the case fact that supports that rule, as well as 3) whetherit indicates Sam is an employee or a contractor (3 parts to the response).
- The following are examples of documentation typically obtained byauditors:1. Duplicate sales invoices2. Subsidiary accounts receivable records3. Vendors’ invoices4. General ledgers5. Title insurance policies for real estate6. Notes receivable7. Bank statements8. Cancelled payroll checks9. Cancelled notes payable10. Payroll time cards11. Purchase requisitions12. Articles of incorporation13. Receiving reports (documents prepared when merchandise is received)14. Minutes of the board of directors15. Signed W-4s (Employee’s Withholding Exemption Certificates)16. Remittance advices17. Signed lease agreements18. Duplicate copies of bills of ladinga. Classify each of the preceding items according to type of documentation: (1) internalor (2) external.b. Explain why external evidence is more reliable than internal evidence.25. The primary focus of the Statement of Activities of a not-for-profit organization is on determining the net increase/decrease in which of the following? a) Unrestricted Net Assets. b) Temporarily Restricted Net Assets. c) Permanent Net Assets. d) Net Assets of the entity taken as a whole. 26. Under the GASB Statement No. 34 reporting model for governmental entities, which of the following is required? a) Only one set of financial statements, prepared on the full accrual basis of accounting. b) Only one set of financial statements, prepared on the modified accrual basis of accounting. c) Two sets of financial statements, one that views the government as a collection of separate funds and reports using the current financial resources measurement focus and modified accrual basis of accounting for governmental funds and one that views the government as a whole by combining all governmental activities in one column and all business-type activities in another column using the full…27) A company’s corporate office has to decide between investing capital in a given business as it in a high growth industry or divesting that business given its current low market share. The company business is represented by which of the following? a) A star b) A question mark c) A cash cow d A dog
- 34) Which of the following is the operational objective of financial management? a. All b. Timely payment of taxes c. Profit Maximization d. Growth of the enterprisea. What is the role of the sales function in a manufacturing and distribution company? b. What is are the description of job responsibilities of sales personell, lines of communication, territory division (if any), account management practices, and assignment within a manufacturing & distribution company?Diffentiate between planning and organizing short ans