This statement is false.
Conversion and direct materials are generally both not added at the end of the production process. As a matter of fact, they are either added at the beginning, or in the middle of the process, but definitely not at the end because then it would be too late.
Retail travel agents.
Tour wholesalers and operators.
Corporate travel managers and agencies.
Incentive travel planners.
Convention/meeting planners.
People will eventually start cutting back on their spending since increased interest rates result in greater borrowing costs. Then, when the demand for goods and services declines, so does inflation.
Interest and other expenses incurred by an entity in conjunction with borrowing money are referred to as borrowing costs. An asset that requires a significant amount of time to prepare for use or sale qualifies as a qualifying asset.
A qualifying asset's cost includes borrowing expenses that are directly related to its purchase, construction, or production. The expense of other borrowing costs is recognized.
The fundamental tenet of IAS 23 Borrowing Costs is that if borrowing costs can be directly linked to the purchase, development, or production of a qualifying asset, they should be capitalized. Additional borrowing expenses are deducted from profit or loss.
Learn more about borrowing costs here
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Answer:
B.
Refunds Payable 1,000
Accounts Receivable 1,000
Explanation:
Refunds payable is an account on the income statement that is called as a contra revenue account, that is, it movement is in contrary to the direction as revenue. Account is used by businesses when customers return merchandise or goods due to a defective product or any other reason.
Account receivable. This is an account on the balance sheet. The account shows the number of sales the business has been doing base on credit, as opposed to cash sales.
Answer:
free trade
Explanation:
Free trade policy -
It is a theoretical policy , according to which the no exports , quotas , imports , duties , taxes and tariffs are imposed by the government .
This is referred to as the free trade policy .
Hence , from the question ,
The manufacturing unit Manatee is easily able to source the refrigeration product from all over the world as , there is no restrictions and quotas or any kind of tariff .
Hence , the policy indicated in the question is the free trade policy .
