Asked by Andy Blackwell Uncategorized
Who prepared method statement Safety Engineer or Company management?
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Asked in Manufacturing, Financial Statements
What is difference between a merchandising company income statement and manufacturing company income statement?
What role does mission statement play in strategic management of an organization?
What should accompany the income statement of a company using earnings management?
What the difference between a comparative statement and consolidated statement?
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.
Asked in Financial Statements
Why is an income statement prepared for a 1 year period?
Asked in Mechanical Engineering
Is that mechanical engineer can work as automobile engineer in automobile company?
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?
Asked in Business Plans, Startup Finance, Franchising
What is vision and mission in strategic management?
Give some topic relating to summer project in finance?
Explain why a business prepares an Income statement and a Balance Sheet at its financial year end?
What is the difference between management and strategic management?
Management: "Getting work done through people." That's the classic business school definition of 'management.' Strategic Management: "Setting goals and objectives for an enterprise (a business or company in most cases)." Usually a small group of executives--or the owner--of a company or other enterprise sets down a mission statement consisting of goals and objectives that company seeks to attain and by which that company will be "managed." Individual "managers" direct employees in the company to coordinate the effort to attain the strategic goals agreed upon by the owners or board of directors.
Asked in Business Plans, Mission Statements
What is the difference between a company credo and a company mission statement?
Difference between fund flow statement and balance sheet?
Difference between fund flow statement and balance sheet? Funds flow statement and balance sheet both are the statements of different nature. Funds flow statement is a statement summarizing the significant financial changes which occurred between the beginning and the end of a company's accounting period while balance sheet is a statement of assets and liabilities at a particular point of time. Here are some of the important differences between the two: Funds flow statement include only those items which causes changes in working capital while balance sheet includes the assets and liabilities of the company and shows total resources of the company. Funds flow statement can be used for decision making purpose while balance sheet is used for examining the financial soundness of the company. Funds flow statement is prepared for the use of internal management and hence its preparation is not mandatory, while balance sheet is for the use of external parties like creditors, shareholders, government and hence its preparation is mandatory for the company. Funds flow statement is prepared after preparation of balance sheet and for a relatively short period of time as compare to balance sheet. "Hence it can be said that funds flow statement is not a substitute of balance sheet but it is a supplementary statement and hence they should both be used together in order to reach at right conclusion regarding the financial position of the company"