Q.2. Fill in the blanks:
(a) Controlling is a activity.____
(b) The sum of current assets called______
(c) SEBI established in the year
capital.______
d)the______letter are written to know the financial position. e) management is an intangible_______
Answers
Answer:
a) function of management
b) Gross working capita
C) 1988
D) shareholders latter (not confirmed)
e) force
Answer:
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Explanation:
1 Control activities are the policies, procedures, techniques, and mechanisms that help ensure that management's response to reduce risks identified during the risk assessment process is carried out. In other words, control activities are actions taken to minimize risk.
2 Gross working capital
3 April 12, 1988 January 30, 1992 (Acquired Statutory Status) Mumbai ,Maharashtra
4 shareholder
5 Management is not tangible it is rather considered as an intangible or unseen force. Management cannot be seen. However, its presence can be felt through orderliness, enthusiastic employees, buoyant spirit and adequate work output .Quite often,the identity of management is bought in focus by its absence or by presence of its direct opposite mismanagement. The result of mismanagement is quickly notice; and thus,the identity of management is bought into clear focus.