The managers of Dakota Clothing regularly compare their actual profits with the firm's projected profits. When deviations occur, the managers use the feedback to take corrective action when necessary. The management of Dakota Clothing is exercising financial:
a) planning.
b) control.
c) derivatives.
d) budgeting.
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “The managers of Dakota Clothing regularly compare their actual profits with the firm's projected profits. When deviations occur, the ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers
You Might be Interested in
At friendly financial consulting, wayne thurston is allowed to choose what time he starts his workday, and can come to work any time from 7:00 a. m. until 10:00 a. m. he must be on the job from 10:00 a. m. to noon and from 1:00 p. m. until 3:00 p. m.
Answers (1)
Describe the steps involved in closing the books. What's is the most important output of the accounting cycle? What would happen if the books were never closed?
Answers (1)
During year 2, Rand Co. purchased $960,000 of inventory. The cost of goods sold for year 2 was $900,000, and the ending inventory at December 31, year 2, was $180,000. What was the inventory turnover for year 2? a. 6.4b. 6.0c. 5.3d. 5.0
Answers (1)
Hutter corporation declared a $0.50 per share cash dividend on its common shares. the company has 25,000 shares authorized, 12,000 shares issued, and 10,000 shares of common stock outstanding. the journal entry to record the dividend declaration is:
Answers (1)
Which of the following rose substantially in value against most other currencies as well as served as a reserve asset in many countries during the global economic and financial crises of 2008-2009? a. U. S. dollar b. Australian dollar c.
Answers (1)
New Questions in Business
Curvilinear costs increase as volume of activity increases, but at a nonconstant rate. a. True b. False
Answers (1)
Amar is choosing strong words, creating effective sentences, and developing coherent paragraphs. which step of the three-step writing process is he working on?
Answers (1)
Rational decision-making under conditions of scarcity requires individuals to: a. be alert to price reductions on desired products. b. earn as much income as possible. c. understand that trade-offs are necessary. d.
Answers (1)
Define and describe poor service delivery
Answers (2)
Generally, firms entering foreign markets begin with: a. less risky strategies first. b. the riskiest, but most profitable endeavor. c. decentralized production.
Answers (2)