Author Question: As the owner of a landscaping business, you review how your company did last month. You mowed over ... (Read 124 times)

sc00by25 · **on:** Jul 14, 2018

As the owner of a landscaping business, you review how your company did last month. You mowed over 300 lawns and made 8000. After paying your two employees, buying gas and supplies, and a new weed eater, your profit was 3500. All of this information is found on the ________ .
A) income statement
B) statement of cash flows
C) managerial accounting statements
D) balance sheet
E) cash flows from investing statement

Question 2

The more a company needs to be innovative and responsive, the more likely the company will:
A) decentralize the organization.
B) choose functional departmentalization .
C) centralize the organization.
D) reduce delegation of authority.
E) decrease the workforce.