The control phase includes preparing budgets for the upcoming period. O True O False Corporate governance is a department within Canada Revenue with a mandate to ensure all corporations file annual tax returns ensures the personal interests of top management are fully achieved if effective, should enhance stakeholders' confidence that the organization is being managed in their best interests is only important to non publicly traded companies 3. The following information was provided by Grand Company for the year just ended: Beginning finished goods Inventory Ending finished goods Inventory Sales Gross margin $130.425 $125,770 $500.000 $100.000 The cost of goods manufactured for the year was $395,345 O $104,655 O $404,655 O $95.345 Companies that use the just in time (JIT) approach purchase materials and produce units only as needed to meet actual customer demand True O False