Match the Options Below with the Correct Phrase

question 87

Multiple Choice

Match the options below with the correct phrase:
-balance sheet

• A)a relationship of two numbers
• B)income - expenses = profit or loss
• C)a budget that always must be justified from "square one"
• D)a formal investigation conducted to determine if financial documents are correct and consistent with the organization's policies, rules, and procedures
• E)treats employees as assets
• F)details how each financial responsibility center will manage its cash
• G)provides estimates of revenues and expenses for a given period of time
• H)assets = liabilities + stockholders' equity
• I)each financial responsibility center's financial plan
• J)an organizational unit that contributes costs, revenues, profits, or investments
• K)involves selecting two critical figures from a financial statement and expressing their relationship as a ratio or percentage
• L)a feedforward control technique that
• M)a person responsible for planning and overseeing managment of all risks
• N)a disciplined process that focuses on developing near-perfect products
• O)cash flow statement
• P)designed to measure and monitor specific aspects of an organization
• Q)an inventory control system that matches purchasing with need

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Definitions:

Supply Of Loanable Funds

The total amount of funds available for borrowing in the financial markets, determined by saving behaviors and the influence of interest rates.

Theory Of Profits

A theoretical perspective on economics that examines how profit is generated and distributed in market economies.

Reward For Innovation

The benefits that innovators receive for developing new products or processes, typically in the form of profits, patents, or recognition.

Property

Legal rights over the possession, use, and disposal of assets, including real estate, personal possessions, and intellectual property.