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Q: Who prepared method statement Safety Engineer or Company management?
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Why an income statement prepared?

An income statement let's the management of the company know how well or how poorly the company performed over the year. The balance sheet is a snapshot at the end of the year that show's how much the company has in assets, liabilities, and in equity.


What role does mission statement play in strategic management of an organization?

The mission statement gives a written statement of the overall, broad goals of the company. The strategic management of the company ultimately helps the organization to reach their overall mission statement.


A company's founders or top management will express their vision in a mission statement?

mission statement


What is a Statutory financial statement?

A statutory financial statement is a financial statement of an insurance company prepared in accordance with statutory accounting standards.


What should accompany the income statement of a company using earnings management?

An income statement, enhanced by earnings management without adequate disclosure, may well be a fraudulent income statement.


Income statement of manufacturing organization?

Income statement of manufacturing organization is same as for trading company with little difference in manufacturing company there is separate manufacturing account is also prepared.


How can identity management be helpful to a company?

Identity Management can be very beneficial to a company in many ways. One of the most important ways is for security purposes. Identity Management can help all staff be prepared for any incident.


Why funds flow statement prepared?

A funds flow statement compares a company's actual cash flow with its predicted cash flow. This allows a company to examine the factors that may have caused a failure to meet goals.


Why is an income statement prepared for a 1 year period?

It is not necessary to create income statement for one year but even then one year is considered reasonable time period for any type of company to find out profit and loss and for which financial statements can be prepared.


What is the difference between consolidated and parent company statements?

Comparative financial statements compares one set of financial statement with another set of financial statements while consolidated financial statement is prepared where in company there is parent and child company relationship exists to join the financial statements of parent and child company as a single financial statements.


How do you rank a engineer Lowest ranked engineer to the highest ranked engineer. For instance a process engineer would out rank a applications engineer.?

Answer Those are different types of engineering fields. Most companies have a career progression. They may hire a young man just out of college and he will have a Title. As he gets more experience, he will be promoted to a new title with a raise in pay. Here is how some companies rank their engineering staff. Associate Engineer - maybe a temporary college student Engineer - graduate of college Senior Engineer - Experienced engineer Project Engineer - Experience allows him to work a project without any supervision Standards Engineer or Lead Engineer - has responsibilty for the technical documents prepared by other engineers Chief Engineer - Engineer of highest technical experience in his company or department. Probably has a Masters or for aircraft design a FAA D.E.R. license. Many engineers gain experience and are promoted into Management. They can manage an engineering department or manage a project. That is considered moving out of the technical field into a field requiring management skills or education such as an MBA.


What is included in a proposal?

An executive summary introducing the company should be included in a proposal. Also a statement describing what the company will do. There also needs to be a staffing plan and a management plan.