Answer:
The correct answer is False.
Explanation:
The key accounting issue related to bundled (multiple-element) sales transactions is the timing of revenue recognition.
The fundamental principle is that an entity recognizes revenue to reflect the transfer of goods or services committed to customers for an amount that reflects the consideration to which the entity expects to be entitled in exchange for such goods or services.
Answer:
The journal entry in the books of buyer is as follows:
Explanation:
Accounts Payable A/c.....................Dr $400
To Merchandise Inventory A/c......Cr $400
As the supplier offered him reduction in price instead of taking back the defective goods. So, the accounts payable account will be reduced by the amount which is reduced by the supplier in total amount of goods purchased by buyer. Therefore, the accounts payable account is debited and the account of merchandise inventory is credited.
Answer:
Process builder with an Autolaunched Flow.
Explanation:
This builder here save your users’ time and make sure required tasks are being done. It also improves the quality of your data. Making you the superhero of Universal containers as a whole which your company deserves.
Secondly, these practices are often unique to your business, which makes it hard to find an out of the box solution that exactly meets your requirements. Maybe your company is a high touch call center with specific scripts that your agents need to follow based on a customer’s account data. Maybe you have a practice in place where your salespeople should always, always, create a work order after a deal closes. Or maybe you have a task that your users do over and over and over again, and if you can find a way to shave a few minutes off that task, you can save hundreds of person hours over the course of a year.
The fundamental driver of success has Clydea has emphasized
on is speed. It could be seen in the scenario above as how she was able to take
action in a faster way of having to make lattes and cappuccinos in the half
time in which is a way of serving her customers in a faster way and a way of
delivering quality and satisfactory performance to her customers.
Answer:
Usually regarded as an art in scientific thinking.
Explanation:
Scientific thinking can be described as the process of studying the problem solving skills and thinking plans of different individuals.
Scientific thinking analyses various individual ideas which is derived from their environment and then linked to their different practices.
The different stages involved in scientific thinking include:
1) Making an observation
2) Asking questions.
3) Formation of a hypothesis.
4) Making different predictions which is based on the hypothesis.
5) Testing out the prediction.
6) Utilizing the results to form new hypothesis.
