If a site have a better business bureau logo on it what are the probability that it be simply paste on the site?
How can you tell if a site is relly legal? How much do you trust all these sites that claim to be ligitmate?Answers: click on the logo. I added the BBB logo to my work's site, and the site have to be checked in writ to get the logo. (At lowest where I live). When you click on the intertwine, it should take you to the BBB's site, and the information bank for that business.
What is the definition of organizational vision?
Answers: "Corporate [or organizational] vision is a short, succinct, and inspiring statement of what the organization intends to become and to achieve at some point in the future, often stated in competitive terms. Vision refers to the category of intentions that are broad, all-inclusive and forward-thinking. It is the image that a business[/organization] must have of its goals before it sets out to reach them. It describes aspirations for the future, without specifying the means that will be used to achieve those desired ends."
The above definition is extracted from a paper, "Corporate Vision, Mission, Goals and Strategies," by Vadim Kotelnikov (click on link, below, for full text).
Why from an accounting standpoint, should a separate entity be assumed in all forms of business?
Answers: because if you don't and the business goes under, creditors can take your house, car, garnish your paycheck and anything else they can get their hands on to pay them. If the business is a separate entity they can only take stuff that belonged to the business.
So you get a clear picture of how that entity's operations are going. If you mix two restaurants' numbers together, you won't understand how well or how poorly each one is doing.
Management-wise, you always want to be able to drill down into numbers to find the answers. You cannot drill down if you mix two entities together.
Peace
not all forms of bus assume this position.
it keeps the directors/owners seperate from the companies assets/liabilities.
this means if the company goes in2 liquidation/gets wound up/ goes bust they cannot be held liable for any outstandin liabs, trade creditors etc on a personal level, so they cant get their personal house siezed for exampl..
Taxation want to know cause there maybe a tax not pay on the item or expense. I work for bloke who only pay his workers time and a haft for years. They all agree. When taxation saw this in his entries they realised that double time sould had been pay to the workers. They wanted their money that sould have been tax at double time, even at the expense of the business closing.