Identify 2 managerial/business-related (e.g., address controls to safeguard inventory) and 3 financial-related (e.g., current ratio is …) observations through March for your landscaping business.

What will be an ideal response?


Business
1) Address controls over inventory
2) Address segregation of duties as we add Mary and Max

Financial
1) Start-up costs of a business
2) Taking on more expenses, rent, wages; need to ensure revenue to cover these costs
3) QuickBooks Statement of Cash Flows does not appear to be correct
a) Truck is showing up as outflow of cash

Business

You might also like to view...

A LIFO reserve represents the amount by which cost of goods sold on a FIFO basis exceeds the cost of goods sold on a LIFO basis for the current year

a. True b. False Indicate whether the statement is true or false

Business

When an agent's breach of duty causes harm to the principal, the principal:

A. is liable to show actual damages to avoid having to compensate. B. can bring an action in court even if compensation is due the agent. C. may deduct the loss from the amount due the agent. D. is liable to compensate the agent, even if the breach is serious.

Business

Which of the following is the term for resellers, brokers, and facilitators that improve the effectiveness of a marketing channel?

A) third-party logistics providers B) channel leaders C) channel intermediaries D) logistics managers E) consignees

Business

Lockouts are considered illegal if:

A. They could potentially harm public safety and/or health B. They are not authorized by the NLRB C. They are deemed by the NLRB to be an attempt to destroy the union D. They are not offensive (versus defensive) in nature

Business