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2 years ago

A modification to a product that changes the taste, texture, sound, smell, or appearance is a(n) _______.

1 answer:

6 0

A modification to a product that changes the taste, texture, sound, smell, or appearance is a <u>style modification.</u>

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Product modification is the process of improving already-existing items by making the required adjustments to their nature, size, packing, colour, and other attributes in order to better meet changing market demands. The goal of the product change is to retain current demand, draw in new customers, and effectively compete with rivals.

The company's earnings improve as a result of increased sales, which are aided by this. The product's look is altered as part of the style enhancement plan. Nevertheless, a product's quality never changes. Here, the product's packaging or its shape, colour, or other characteristics may be altered. The fashion business frequently employs this tactic.

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The answer is A. Contact the local credit bureau and inform it of the billing error.

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Iris Company has provided the following information regarding two of its items of inventory at year-end: There are 160 units of

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Answer:

$7,840

Explanation:

The inventory of Items A and B should be valued at the lower of cost and the net realizable value.

The cost is the invoice price at time of purchase ,while the net realizable value is the selling price less to sell

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A $18 $22 $6 $16 $16

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Item B is valued at $48 each i.e $48*110=$5,280

total value of inventory =$7,840

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Partially disclosed or unidentified

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3 years ago

A monopolistically competitive market A. is imperfectly competitive, and all imperfectly competitive markets are monopolisticall

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Answer:

D. is imperfectly competitive, but not all imperfectly competitive markets are monopolistically competitive.

Explanation:

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Which of the following serves as the justification for the periodic recording of depreciation expense? a. Association of efforts

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Answer:

"B"

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Depreciation is a practice of systematic allocation of the cost of an asset to the income generated over its useful life time , either on a straight line method or reducing balance.

As demanded by the matching concept of accounting , revenue are expected to be linked to associated expenses otherwise profit will end up being overstated and and management misinformed and wrong decisions likely to be taken

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