The increase in data availability has allowed governments to a. Post large datasets online. b. Increase the use of performance measures. c. Facilitate fiscal transparency. d. All of the given statements are true.
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- A governmental audit may extend beyond an examination leading to the expressionof an opinion on the fairness of financial statement presentation to includeProgram EconomyResults Compliance and Efficiency(1) Yes Yes No(2) Yes Yes Yes(3) No Yes Yes(4) Yes No YesThe stock and bond markets provide information to businesses through changes in prices. A decrease in the price of a firm's stock would tell managers which of the following? A. The cost of external funds has decreased. B. The cost of external funds has increased. C. Investors expect the firm to have lower profits in the future. D. Investors expect the firm to have higher profits in the future.Which ones of the following statements about credit rating agencies in China are correct? Select one or more: O a. The credit rating agencies need approval from different regulators to rate different types of bonds. O b. There are several credit rating agencies in China. Domestic credit rating agencies tend to give higher ratings than credit rating agencies with global partners. O d. Almost all public bonds have only one credit rating. O e. Credit rating agencies cannot rate bonds without bond issuer's solicitation.
- Which of the following statements are correct? Select one or more: a. Households smooth their income to match their volatile consumption. O b. Borrowing allows all households to raise their consumer spending given an anticipated rise in income. O c. Weak-willed households save in the face of an anticipated temporary fall income. O d. Households smooth their consumption to match their volatile income.Big data and data analytics are becoming an important part of an accountant's methods for analyzing the different companies and their performances. The use of these elements enhances organizational performance, improves fraud detection, and increases audit performance and scope. .Choose a company that is not publicly traded (a small or medium-sized company). Review the company, and suggest some of the ways in which big data would benefit this company.Put this in other words. Analyze, explain and elaborate. The battlefield of business is fierce, and here, knowledge is undeniably power. Predictive analytics dons the mantle of a spy, infiltrating the strategies of rivals. By analyzing market trends and discerning competitors' moves, organizations gain a tactical edge. This invaluable intelligence fuels the formulation of strategies that tilt the balance of competition.
- In a combination plan, retirement benefits are funded with a combination of a. whole life policies. b. term life policies. c. assets in a "side fund." d. a and c e. b and cUnderstanding the common vocabulary used in strategic management is important to theapplication of its concepts.Required: a. There are four general steps in conducting an external environmental analysis startingwith scanning of the environment. Briefly, explain all four steps. b. Choose any organisation of your choice and employ the “SWOT Matrix” to demonstratethe current strategic position of the organization and clearly indicate the strategy optionsavailable to help match that organization’s internal environmental elements against itsexternal environmental elements. c. Compare and contrast “strategic blunder” and “strategic drift”?Understanding the common vocabulary used in strategic management is important to theapplication of its concepts.Required:a. There are four general steps in conducting an external environmental analysis startingwith scanning of the environment. Briefly, explain all four steps. b. Choose any organisation of your choice and employ the “SWOT Matrix” to demonstratethe current strategic position of the organization and clearly indicate the strategy optionsavailable to help match that organization’s internal environmental elements against itsexternal environmental elements. c. Compare on contrast the following: i. Vertical integration versus horizontal integrationii. Divestiture versus Diversificationiii. Market development versus Product Development
- 6- Which of the following is a primary function of financial manager? a. Investors communication b. Financial Engineering c. Treasury operators d. Forecasting Financial Requirements1. The hedgehog concept empowers the company to take advantage of the latest market trends or any new opportunities. TRUE FALSE 2.The Return Driven Strategy framework provides a structure for reviewing and evaluating strategies with the goal of creating long-term sustainable value. TRUE FALSE 3.The Return Driven Strategy framework can facilitate development of performance measures to monitor the performance of strategies as well as assess and manage strategic risks. TRUE FALSEI. Executive OverviewCreate a brief description of the purpose of the manual that is in consumable terms for the stakeholders. Be sure you address the company’sstrategic security goals and the value of the policy changes or updates.