Answer:
The statement is: True.
Explanation:
A company's scope determines which sector of the market they will focus on and in what product specifically. For new businesses, it is recommended to engage in the production of one service only so the company can have enough control of it but the organization's goal should be to diversify as long as the firm grows and starts earning stable revenues.
Answer:
D. Disposable income; discretionary income
Explanation:
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Answer:
Processes
Explanation:
The process is a general term that is used in all fields of human endeavor including business operations to defined a form of set instructions or connected actions that seeks to derive or eventually get a mutual goal at the end. In the business world, it is called Business Process.
Hence, Collections of related activities intended to achieve a common purpose are called PROCESSES
Using straight-line depreciation.
Changing to FIFO
Using the weighted average method for capitalizing interest during times of reduced interest rates, rather than the specific method.
Changing to the successful efforts method of accounting for natural resource exploration costs.
Changing to the successful efforts method of accounting for natural resource exploration costs.
<u>Explanation:</u>
The particular technique initially underwrites the enthusiasm on explicit obligation. With financing costs on the decay, enthusiasm on lower rate obligation is promoted and more is expensed, comparative with the weighted normal technique, which underwrites at the normal rate over all obligation.
The weighted normal strategy would underwrite more enthusiasm on more established (higher loan cost) obligation, in this way diminishing the present measure of premium cost and expanding income. Expanding profit lessens the danger of rebelliousness for this firm.
