Answer: top-level managers still have to rely on the active support and cooperation of middle and lower-level managers in pushing needed changes in functional areas and operating units
Explanation:
The senior executives in organizations are responsible for the implementation and execution of directives to achieve organizational goals. For them to achieve this, top-level managers have to rely on the cooperation and active support of the middle and lower-level managers for organizational success.
The top level managers are in charge of planning and directing the group of individuals as they monitor their work and implement needed changes.
Answer:
The correct answer is Both of the above (A and B).
Explanation:
The CAFR is made up of a group of financial statements that must be reported to local authorities and are reviewed by AICPA certified auditors. This document contains all the budget information from previous years and those that are projected to be completed within the following year, using simple language in order to achieve an easy understanding of the principles applied in its construction.
Answer:
The answer is option A) The CAFR has three main sections: introductory, financial, and statistical.
Explanation:
The purpose of the Comprehensive Annual Financial Report (CAFR) is to provide accurate and meaningful information concerning the City's financial condition and performance.
The CAFR consists of three sections: Introductory, Financial and Statistical. The Introductory section orients and guides the reader through the report. The Financial section presents the entity's basic financial statements as well as notes to the statements and the independent auditors' report.
B. Low-cost diversification
C. A targeted risk level
D. Low-cost record keeping
Answer:
A. A superior risk-return trade-off
Explanation:
In a normal and efficient market a professional portfolio management service is able to offer Low-cost diversification, A targeted risk level, and even a Low-cost record keeping. What they cannot offer is a superior risk-return trade-off, this is because risk-return holds a very correlated trade-off in which the higher amount of risk your portfolio holds the higher returns you can get from it, but this does not get rid of the risk which can cause you to lose all of your money. Therefore "superior" is unnachievable.
The investor will pay $ 21,304.88to receive an annuity of $38,820 each year for 10 years at 6% interest compounded continuously.
Given :
Interest on $600,000 worth of bonds = $38,820 per year
No. of years = 10 years
Discount rate = 6%
Compounding interval = Continuous compounding ( as given in the question)
We use the following formula to arrive at the Present Value:
PV = $ 21,304.88
Answer:
Price of Bond = 585.43
Explanation:
The value of the bond is the present value(PV) of the future cash receipts expected from the bond. The value is equal to present values of interest payment plus the redemption value (RV).
The question does not provide information about interest payment therefore the price of the bond is the present value.
PV of redemption Value
PV = F × (1+r)^(-n)
F-1000, r-0.055, n- 10 ×2
PV = 1,000 × 1.055^(-10)
PV = 585.43
Price of Bond =$ 585.43
Answer:
Transfer payment
Explanation:
Transfer payment in finance can be as well regarded as " government transfer" it is income and wealth redistribution which occur when payment is made by government without exchange of goods or services in return. It should be noted that Transfer payment is a form of government spending that is not made in exchange for a currently produced good or service. Some of the common transfer payment type is social insurance programs, as well as business subsidies.
Answer:
The correct answer to the following question will be "She enhanced her brand image".
Explanation:
So that the above is the right answer.