Diversification analysis and Business Portfolio analysis are the two techniques aid in decisions about where an organization wants to go.
Which two of the following are SWOT analysis components?
SWOT analysis has two core components: strengths and weaknesses. SWOT is an abbreviation for Strengths, Weaknesses, Opportunities, and Threats.
The implementation phase includes four components:
Getting resources.
Creating a marketing organization.
Making plans for the future.
Implementing the marketing strategy.
There are several levels.
Corporate strategy: This level addresses the fundamental question of what you aim to achieve.
Business unit strategy: This level focuses on how you intend to compete.
Market level strategy: This level of strategy focuses on how you want to expand.
To learn more about Corporate level strategy to refer:
brainly.com/question/28284743
#SPJ4
managers can use legal knowledge and insight to: (check all that apply.) multiple select question. create value for their businesses. use legal challenges as business planning opportunities. recognize legal challenges. increase the cost of legal services.
Managers can use legal knowledge and insights to create value for their business by proactively recognizing legal challenges, using legal challenges as opportunities for business planning, and finding ways to reduce legal costs.
By understanding the law and the implications it may have on their business, a manager can identify potential legal issues before they become a problem, allowing them to take proactive steps to resolve the issue in a timely and cost-effective manner. Additionally, understanding the legal environment can help managers use legal challenges as opportunities to create value for their business, enabling them to find creative solutions to complex problems and benefit from advantageous legal structures.
To know more about legal cost click here
https://brainly.com/question/7269549
#SPJ4
how many times has congress raised the debt ceiling?
Since 1960, Congress acted 78 times to permanently raise, temporarily extend, or modify the definition of the debt limit. 49 times under a Republican president and 29 times under a Democratic president.
Who was first Democratic President?
After the Civil War of 1885, Grover Cleveland, the first Democrats to elect the 22nd and 24th Presidents, left the White House and four years later (1885-1889 and 1893-1897) the two He was the only president to return to term.
Was Thomas Jefferson Democratic President?
Violent political rivalry ensued, and two independent political parties began to form: the Federalist Party and the Democratic-Republican Party. Jefferson gradually took over leadership of Republicans sympathetic to French revolutionary causes.
To know more about Democratic President visit here:
https://brainly.com/question/24297975
#SPJ4
how will you keep your obligations to any outside entity separate from your research project(s) and role at this institution?
Researchers may acquire, generate, use, and/or reveal personally identifiable health information while conducting their research. In accordance with the Privacy Rule.
What is the most accurate definition of research?
Research is a methodical process that includes data gathering, documentation of important information, analysis, and interpretation of such data and information in accordance with appropriate procedures established by particular academic and professional disciplines.
The "Definitions of Terms" section is one that is frequently necessary in a dissertation. This helps your readers comprehend the ideas or elements that will be covered in your study and provides context for how you plan to apply those ideas.
The primary terminologies used in your thesis are known as key terms. For instance,
Know more about conducting Visit:
https://brainly.com/question/1205843
#SPJ4
Researchers may acquire, generate, use, and/or reveal personally identifiable health information while conducting their research. In accordance with the Privacy Rule,...
What is the most accurate definition of research?
Research is a methodical process that includes data gathering, documentation of important information, analysis, and interpretation of such data and information in accordance with appropriate procedures established by particular academic and professional disciplines.
The "Definitions of Terms" section is one that is frequently necessary in a dissertation. This helps your readers comprehend the ideas or elements that will be covered in your study and provides context for how you plan to apply those ideas.
The primary terminologies used in your thesis are known as key terms. For instance,
Know more about information Visit:
https://brainly.com/question/27798920
#SPJ4
Investors and creditors rely heavily on managerial accounting information in making investment and lending decisions. True or false
Investors and creditors are external users who will typically rely on information in financial accounting to decide how to allocate limited resources. As a result, the statement provided is incorrect.
Who are Investors?A person who provides you with capital and anticipates financial returns is known as a business investor. Investors can be individuals, businesses, or mutual funds. Personal investors, angel investors, venture capitalists, and peer-to-peer lenders are some common types of startup investors. An investor is a person who invests money with the hope of receiving a return (profit) in the future or to benefit (interest). The majority of the time, the investor purchases some kind of property with this allocated capital.
The two primary types of investors are institutional and retail, and they frequently come from a variety of professional backgrounds. Financial professionals who manage investments on behalf of corporations or other significant organizations are known as institutional investors or professional investors.
To know more about Investors, visit:
https://brainly.com/question/28538187
#SPJ4
in the past the united states manuafted clothes mmay clothing copariton have shut down ther us factories and relocated to china is this an example of
This is an example of offshoring, which is the process of moving business operations and manufacturing processes to another country. It is a common practice for many companies in the United States because it can offer significant cost savings due to lower labor costs, fewer regulations, and other factors.
While offshoring can bring cost savings to some companies, it can also have a negative impact on the United States economy. The loss of manufacturing jobs to foreign countries can lead to higher unemployment rates, lower wages and reduced economic growth. In addition, offshoring can lead to corporate tax avoidance, as companies can avoid paying taxes in the United States by operating overseas.
To know more about offshoring click here
https://brainly.com/question/28297679
#SPJ4
ishiko phoned her insurance agent to renew her auto insurance policy. on that same call, the agent attempted to sell her one of the firm's new life insurance policies. the agent was pursuing a
The agent was pursuing a product development growth strategy.
What is growth?Economic growth can be defined as the increase or improvement in the inflation-adjusted market value of goods and services produced by an economy in a financial year.Statisticians usually measure such growth as a percentage increase in real gross domestic product or real GDP. “Economic growth is the increase in production of goods and services from one period of time to another” is the definition of growth. Economic growth can be defined as the increase in the value of goods and services produced in an economy over a period of time. This value is calculated as a percentage increase in GDP or Gross Domestic Product.To learn more about growth from the given link:
https://brainly.com/question/28789953
#SPJ4
An item is regularly priced at 70$. It is on sale for 20% off the regular price. What is the sale price?
ITS 7TH GRADE MATH BTW!
Answer:
it's 56.
Explanation:
70*0.8=56
you've been tasked with marketing a new line of plumbing services, but you have a set budget you can't exceed. why is ads a viable option?
You have been tasked with marketing a new line of plumbing services, but you have a set budget you can't exceed then Ads is a viable option. It gives you control over your budget.
You also have control over how much you spend each day, each month, and each advertisement. You only pay when someone clicks on your advertisement.
A product or service is advertised to a viewership through the use of advertisement order to pique interest, encourage interaction, and increase sales.
To know more about advertising here
https://brainly.com/question/3163475
#SPJ4
companies wishing to pursue business opportunities in sweden would find that while some industries are privately owned, others are state-controlled. what type of economy does this represent?
Companies wishing to pursue business opportunities in sweden would find that while some industries are privately owned, others are state-controlled.This type of economy is known as a mixed economy.
A mixed economy is a system that combines elements of both a market economy and a command economy.
In a mixed economy, both the private sector and public sector are allowed to participate in the economy, and the government creates and implements policies that regulate the interactions between the two.
In Sweden, the government has the ability to regulate certain industries, such as the energy and transportation sectors, while allowing the private sector to control other industries, such as manufacturing and retail.
To know more about economy here
https://brainly.com/question/2421251
#SPJ4
My Work Jurisdiction Marya Callais, a citizen of Florida, was walking along a busy street in Tallahassee, Florida when a large crate flew off a passing truck and hit her, causing numerous injuries. She experienced a great deal of pain and suffering, incurred significant medical expenses, and could not work for six months. She wants to sue the trucking firm for $300,000 in damages. 1. Who is the potential plaintiff in this lawsuit?
Marya, who sustained severe injuries when a heavy crate jumped from a huge vehicle and struck her, is the possible plaintiff in this Florida lawsuit.
When a plaintiff files a petition in a court, how does that court acquire personal jurisdiction over the plaintiff?In most civil disputes, the petitioner or petitioner is essentially granting the courts have jurisdiction over themselves by merely filing.
In that action, how does the court acquire legal authority over the plaintiff?By bringing the claim, the plaintiffs are considered to have agreed to personal jurisdiction. A defendant may contractually agree in advance to submit to the court's jurisdiction if the plaintiff files a lawsuit. For example, the term "in-rem jurisdiction" describes a court's authority over a piece of personal or real estate.
To know more about plaintiff Visit:
https://brainly.com/question/12177554
#SPJ4
what type of supporting documentation is not useful in gathering the needs and requirements of the customer?
Generally, any documentation that does not provide specific details or relevant information about the customer's needs and requirements is not useful in gathering the needs and requirements of the customer. Examples include sales brochures, product catalogs, and marketing materials.
Supporting documentation is an important part of gathering the needs and requirements of the customer. It provides evidence that an organization has done its due diligence in understanding the customer’s needs and expectations. However, not all forms of documentation are useful in gathering the needs and requirements of the customer.
One type of documentation that is not useful in gathering the needs and requirements of the customer is customer feedback. Customer feedback can provide valuable insight into how a customer perceives a product or service, but it cannot be used to determine what a customer actually needs or wants from that product or service. Customer feedback can provide useful insight into the customer’s overall sentiment, but it cannot be used to draw any concrete conclusions about the customer’s needs or requirements.
Another type of documentation that is not useful in gathering the needs and requirements of the customer is market research. Market research can provide valuable insight into the competitive landscape and the overall market for a particular product or service, but it cannot provide insight into what a specific customer needs or wants from a product or service. Market research can help inform decision making, but it cannot be used to draw any conclusions about the individual customer’s needs or requirements.
To know more about customer's needs: https://brainly.com/question/15239291
#SPJ4
in order to test market acceptance of the company's new product, marketing manager francesca has conducted a number of focus group interviews and has also had an independent firm conduct several market surveys. which basis for knowledge is francesca relying upon?
Method of science is Francesca relying upon.
Building and organizing information in the form of universe-related testable explanations and predictions is the goal of science, which is a systematic undertaking. Science may be as old as humanity itself, and some of the oldest archeological evidence for scientific reasoning dates back tens of thousands of years. Ancient Egypt and Mesopotamia, which existed between 3000 and 1200 BCE, are where the oldest recorded accounts of science may be found. Their contributions to mathematics, astronomy, and medicine influenced Greek natural philosophy in classical antiquity, which involved formal attempts to offer explanations of happenings in the physical world based on natural causes.
Learn more about science here
https://brainly.com/question/28416408
#SPJ4
the finished product of one company can become raw materials for another company. state True of False.1. True2. False
Answer:
true
Explanation:
ts question at position 17 donalynn purchased a computer on a payment plan. two months after the purchase, the balance was $380. five months after the purchase, the balance was $155. write an equation, in slope-intercept form, that models the balance y after t months.
The equation that models the balance y after t months is:
y = -75t + 480
We can use the slope-intercept form of a linear equation, y = mx + b, to model the balance y after t months. To do this, we need to determine the slope and y-intercept of the equation. We can use the two points given in the problem to find the slope:
(2, 380) and (5, 155)
The slope (m) is the change in y (155 - 380) divided by the change in x (5 - 2), which is -225/3 = -75.
The y-intercept (b) is the point where the line crosses the y-axis. We can use one of the points and the slope to find the y-intercept.
plug in the point (2, 380) and the slope (-75) into the equation:
380 = (-75) * 2 + b
Solving for b, we get:
b = 480
So, the equation is:
y = -75t + 480
This equation tells us that for every month that passes, the balance decreases by $75, and the initial balance is $480.
Read more about Algebra modeling:
https://brainly.com/question/29535773
#SPJ4
serena is the ceo of rabbit records, a major record label based in los angeles, california. serena would like to purchase a new recording studio in new york city. based on what you know about levels of management, what needs to happen?
Nick, a mid-level manager, is required to request that Ryan, a first-line manager, on his operations team, research various places in New York and present him with ideas that he may communicate to Serena.
In the achenerio given where Rabbit Records, a major record label situated in Los Angeles, California, is led by Serena. Serena wants to buy a new recording studio in New York City, based on my knowledge about management levels Nick, a mid-level manager, is required to request that Ryan, a first-line manager, on his operations team, research various places in New York and present him with ideas that he may communicate to Serena.
You can learn more about levels of management at
https://brainly.com/question/17276302
#SPJ4
in addition to asking if the company can create superior value for a group of potential customers, what other question must the company ask about these customers?
Instead, they can ask, Can these customers create superior value for the company?
If clients are willing to pay more for your product or service than the competition's, or if they prefer your product or service over all others, you have produced superior value.
Strategic marketing, which focuses on the client and aims to establish one-of-a-kind exchanges between the two, is essential for a business to gain a competitive advantage and generate more profits than its rivals.
Customers always win in these deals, which can be made in exchange for everything from goods and services to data and cash. Each enterprise strives to maximize return on investment (ROI) by differentiating itself from rivals.
If consumers are willing to pay more than the price at which a something or service is manufactured, then that good or service has value.
To know more about a potential customer:
https://brainly.com/question/28888838
#SPJ4
The right way of asking the question is:
In addition to asking if the company can create superior value for a group of potential customers, what other questions must the company ask about these customers?
the key lesson from the failure of eastman kodak is the difficulty of maintaining focus on a particular customer need when the technology needed to satisfy that need changes radically. [see p.116] group of answer choices true false
According to the question of eastman kodak, the given statement is true.
What is Eastman Kodak?
Eastman Kodak is an American technology company that was known for its photographic film products and filed for bankruptcy in 2012. One of the key reasons for its failure was the difficulty in maintaining focus on a particular customer need when the technology needed to satisfy that need changes radically. With the advent of digital photography, the demand for Kodak's traditional film products declined rapidly, while the company was slow to adapt to the new technology and lost market share to its competitors. This highlights the importance for companies to constantly monitor and adapt to changes in technology and customer needs to remain competitive.
To know more about eastman kodak visit:
https://brainly.com/question/15412349
#SPJ4
monique, 61, created a custodial account and transferred $15,000 to the account for the benefit of her great-great grandchild, tony, and named tony's father, luis, as the custodian. it is monique's desire that the money be used for tony's college education. monique's last will and testament bequests all of her property to luis for his lifetime, with the remainder to tony. monique's estate is currently valued at $2,300,000, but she expects to increase her estate through real estate investments over the next 10 years. monique has previously used $1,000,000 of her generation-skipping transfer tax (gstt) exemption on an indirect skip person. which one of the following statements is correct regarding the gstt? a) the transfer pursuant to the last will and testament qualifies for the deceased parent skip rule. b) the transfer pursuant to the last will and testament is a direct skip. c) the transfer of the $15,000 into the custodial account is a direct skip. d) the transfer of the $15,000 into the custodial account is statutorily exempt from gstt since it is to be used for the payment of tuition expenses.
The statement addressing the gstt that reads, "The transfer pursuant to the last will and testament qualifies for the deceased parent skip rule."
A custodial account: What is it?A custodial account is a savings account with a financial institution, mutual fund company, or brokerage firm that is run by an adult on behalf of a minor (a person under the age of 18 or 21 years, depending on the laws of the state of residence). Before the account can conduct any activities, including buying or selling stocks, the custodian must grant approval.
Any account that is maintained by a fiduciarily responsible body on behalf of a beneficiary is referred to as a custodial account. A savings account that an adult manages on behalf of a minor is known as a custodial account. In the majority of states, the money is kept in the account until the minor is 21, however it is possible to cancel it earlier and transfer the money to a child.
Know more about custodial account-
https://brainly.com/question/14299723
#SPJ4
an investor contributes $50,000 to a limited partnership and signs a $100,000 recourse note. in the first year, the investor's distributive share of income is $25,000 and loss is $200,000. the partnership also distributed $25,000 of cash during the year. how much loss can be deducted for this year? a $50,000 b $150,000 c $175,000 d $200,000
The loss carried to the next year is $50,000 .
The initial investment = $50,000 contribution + $100,000 recourse note= $150,000 initial basis.
The income in the first year = $25,000
Therefore total sum basis = $150,000 initial investment + $25,000 income = $1,75,000
The cash distributed = $25,000
we deduct the cash distributed from the total sum basis
hence,
remaining basis = $1,75,000 - $25,000 = $150,000
since the loss = $200,000
therefore,
the remaining loss after the first year = $200,000 - $150,000 = $50,000
so $50,000 will be the unused loss carried to the next year.
To learn more about the loss, visit:
https://brainly.com/question/14982688
#SPJ4
a company has a pension liability of $430,000,000 that it must pay in 28 years. if it can earn an annual interest rate of 3.8 percent, how much must it deposit today to fund this liability?
A company has a $430,000,000 pension liabilities that it must pay up over the course of 28 years. How much must it cost if it can provide 3.8 percent interest each year?
Whats does company mean?
plural nouns com·pa·nies. a collection of persons who are gathered together or who are affiliated. some visitors: Our supper guests will be visiting. a gathering of people with social objectives. friendship, affiliation, and fellowship I always study etymology. The term compagnie, which means a "society, friendship, intimacy; body of troops" and was first used in Old French in 1150, is where the English word "company" originates. Companio is a derivative of the Late Latin word companio, which means "to enjoy one's company."
Know more about liabilities visit;
https://brainly.com/question/14287268
#SPJ4
you paid $35 for a ticket (which is nonrefundable) to see spam, a local rock band, in concert on saturday. assume that $35 is the most you would have been willing to pay for a ticket. your boss called, and she is looking for someone to cover a shift on saturday at the same time as the concert. you would have to work 4 hours and she would pay you $11/hr. the cost to you of working is $2/hr. what is your opportunity cost of going to work on saturday?
The opportunity cost of going to the concert is $36.
What is opportunity cost?According to microeconomic theory, an activity's opportunity cost is the value or gain that is forfeited in exchange for engaging in that activity as opposed to engaging in an alternative activity. More precisely, it indicates that by selecting one action, you are forgoing the chance to choose an alternative. The opportunity cost is the lost study time and money that could have been used for something else. A farmer decides to sow wheat; the opportunity cost is not doing so or using the resources in a different way (land and farm equipment).The gain that is forgone when deciding on an other course of action is referred to as the opportunity cost.As a result, the opportunity cost of attending the event is the lost revenue he would have made otherwise.Benefit received from the concert = $35
Hence,
The amount of sacrificed wages is as follows:
= Income form working on Saturday - Psychic cost
= (4 hours × $11/hr) - (4 hours × $2/hr)
= $44 per hour - $8 per hour
= $36
The opportunity cost of going to the concert is $36.
To learn more about opportunity cost refer to:
https://brainly.com/question/30191275
#SPJ1
a country that produces a maximum possible combination of two goods using all of the resources available in the economy
The Production Possibility Curve is a curve that depicts the various combinations of two goods that can be produced in any economy using a certain amount of technology and resources.
What is the term for the collection of all possible pairings of two items that a consumer can afford?A person's ability to afford all possible combinations of consumption given the price of a good and their income is limited by a budget constraint.
Which of the following displays all input combinations with the same output level?The various input combinations in these rows all result in the same output levels. Since their output is always the same, the manufacturer can choose any of these combinations at their discretion. Therefore, we can also refer to them as production indifference curves or equal product curves.
Learn more about production possibility curve:
brainly.com/question/26460726
#SPJ4
Check My Work
Steve, an entrepreneur, decides to open a flower shop and looks for an appropriate location for his shop. He wants to use the center-of-gravity method for the purpose. He researches the zip codes in his area and finds the following information:Identify a true statement about the best center of gravity for the possible shop location.
a. The x-axis and the y-axis are less than 5. 0.
b. The x-axis is less than 7. 0 and the y-axis is more than 7. 0.
c. The x-axis is more than 7. 0 and the y-axis is less than 7. 0.
d. The x-axis and the y-axis are higher than 5. 0 and less than 7. 0.
e. The x-axis and the y-axis are more than 7. 0.
d. The x-axis and the y-axis are higher than 5. 0 and less than 7. 0.
option D is the optimum centre of gravity for the potential retail site, which is accurate.
The center-of-gravity method is a technique used to identify the best location for a facility or business by taking into account the distribution of demand and the potential supply of the location. It is used to identify the geometric center of a set of demand points and is calculated by taking the weighted average of the x and y coordinates of the points.The statement d. The x-axis and the y-axis are higher than 5.0 and less than 7.0 is a true statement about the best center of gravity for the possible shop location.
It means that the center of gravity is located in a region where both x-axis and y-axis values fall in the range of 5.0 to 7.0, which is the optimal location that Steve is looking for.
Learn more about demand distribution here:
https://brainly.com/question/15700934
#SPJ4
Which of these is an accurate statement about mixed economies today
Mixed economies today typically feature a combination of private and public ownership, with the government playing a significant role in regulating and providing services to citizens.
What is significant ?Significance is the importance or value of something. It can refer to an individual, event, object, or idea that has a major impact on society or a group of people. For example, the significance of the Declaration of Independence is that it declared the United States of America as an independent nation and outlined its core values and beliefs. Significance can also be used to describe something that has personal meaning or value to an individual. For example, a family heirloom may have significant sentimental value for someone because it was passed down from generation to generation.
Mixed economies are economic systems that combine elements of both market-based and centrally planned economic systems. In a mixed economy, both the private sector and the public sector play important roles in the production and distribution of goods and services. The government typically provides services such as education, health care, infrastructure, and social security while also regulating markets to ensure competition and fair prices.
To learn more about significant
https://brainly.com/question/14293132
#SPJ4
It's really simple! Personal finance is 80% ______________ and 20% head knowledge.
It's really simple! Personal finance is 80% behavior and 20% head knowledge.
What does it imply that financial planning is 80 percent conduct and 20 percent head knowledge?
80 percent of personal finance is behavior. Only 20% of it is head knowledge. What you accomplish with your money, as opposed to what you understand about money, determines how successful you are financially.
Behavior and personal finance: what are they?
The following examples of financial decision-making and personal financial planning will be covered in this course. The conceptual, mathematical, and empirical foundations of the biases and anomalies that investors encounter in the financial markets will be explained to the students.
To know more about personal finance visit:
https://brainly.com/question/28066148
#SPJ4
To avoid sharing his name with another famous Al, actor Albert Brooks changed his name from what? Al Pacino . Al Jolson . Albert Einstein . Albert Schweitzer
Actor Albert Brook changed his surname to Albert Einstein to avoid sharing it with another well-known Al.
Albert Einstein received the Peace Prize for what reason?Albert Einstein was awarded the Nobel Prize in 1921 for Physics in recognition of his contributions to theoretical physics, particularly his development of the law of a photoelectric effect.
What kind of training did Albert Einstein receive?Although he relocated to Swiss in 1895 and abandoned his German citizenship the following year (as a citizen of the County of Württemberg), Einstein was born inside the German Empire. He entered the Swiss Federal University of technology School in Zürich's program for teaching diplomas in mathematics and physics in 1897 as a 17-year-old, and he graduated in 1900.
To know more about Albert Einstein visit:
https://brainly.com/question/30370752
#SPJ4
as a small business owner, you might use an affiliate to promote your products and services online. what is a potential challenge of working with a single affiliate? group of answer choices
Utilizing affiliate marketing software is the fastest and most effective approach to build your own affiliate network for a small business. a prepared for use
What is the job of marketing?
Promoting an organization and the goods and services it offers is the responsibility of marketers. Marketing professionals often plan and execute both inbound and outbound advertising campaigns that increase brand awareness and employ sales techniques to persuade customers to make a purchase from a business. In a nutshell, it is an action made to draw attention to a company's offerings, which could be actual products for sale or services provided. Television ads, highway billboards, and magazine ads are a few prevalent instances of marketing at work.
Know more about network visit;
https://brainly.com/question/15088389
#SPJ4
how does tracking your expenses help you fine-tune your goals?
Tracking your expenses can help you fine-tune your goals by providing you with an accurate picture of your financial situation. It also helps you stick to your Budget.
Why is it vital to keep track of your spending?
Regularly tracking your expenditures may provide you with an accurate picture of where your money is going — and where you’d prefer it to go instead. Then, utilizing a budget, you can precisely account for all of the bills you’ll have to pay in the future. After you create a budget, which is a monthly spending plan that takes into account your income and costs, tracking expenses everyday is critical to staying on track.
It enables you to prioritize your spending, measure your progress, and identify when changes are required. A budget establishes a solid strategy that is simple to follow and allows you to plan and prepare.
To learn more about Tracking expenses to refer:
brainly.com/question/19641846
#SPJ4
. should sonja continue to run her business as a proprietorship and hire eduardo as an employee? if not, what other form of business ownership would you recommend? justify your choice.
She should not hire Eduardo as an employee because she would have money to her self and would not have to split it but she should learn how to do other things with the lawn.
What is proprietorship?A sole proprietorship, also known as a sole tradership, individual entrepreneurship, or proprietorship, is a type of business owned and operated by one person in which there is no legal separation between the owner and the business entity. A sole proprietor may hire other people and does not always work alone.
The sole proprietor is fully liable for all losses and debts and receives all profits (subject to business-specific taxes). The owner of the business owns all of the company's assets, and he or she is also responsible for all of the company's debts; the company does not have a separate legal identity. The arrangement is a "sole" proprietorship as opposed to a partnership, which has at least two owners.
Learn more about proprietorship
https://brainly.com/question/15685898
#SPJ4
Complete question:
when a public accounting firm prepares the financial statements of a company, the service is known as a(n)
When a public accounting firm prepares the financial statements of a company, the service is known as a Compilations or compilation.
Who is in charge of preparing financial accounts for public companies?
Directors create financial statements, and audit committees ensure the accuracy of financial data. Auditors examine the financial accounts as well as other sections of the annual report. Prepare Financial Records: Accountants create a wide range of financial records, such as tax returns, budget reports, and financial statements. They also prepare quarterly earnings reports and accounting records for organizations to track spending and profits.
An audit is the physical examination of an entity's assets as well as the study of its accounting records. A certified public accountant (CPA) can provide a judgment on the fairness of the entity's financial statements if conducted.
To learn more about financial statements to refer:
brainly.com/question/14020548
#SPJ4