Tekky Corporation purchased​ 10,000 shares of preferred stock​ - Class A in ​Zu, Ltd. on 15 for and sold it the following 22 for . does not have significant influence over the​ investee, ​Zu, Ltd. This class of preferred stock is not actively traded and it does not have a readily determinable fair value.​ However, ​Zu, Ltd. has another issue of preferred stock​ (Class B) outstanding that is nearly identical to the stock that ​holds, except that it is publicly traded. The price of the Class B stock increased between 15 and 31. chooses to use the exception provided in the authoritative literature to measure the investment at adjusted cost. What journal entries are required to record these​ transactions?

You work as the sales manager for a company that sells office supplies to businesses of all sizes. because the profit margins are razor-thin, you need to ensure that you are getting the very best prices on paper, pencils, pens, post-it notes, and other office supplies from the manufacturers. when reviewing the quarterly profit statement, you realize that your costs are higher than they should be, and you trace the higher costs back to an employee who has been lax about getting competitive bids to ensure the lowest prices. when you conduct your research to determine the reason for the higher costs, and take action to bring those costs back down, in which of the key management processes are you taking part?