Franchisers are permitted to recognize the revenue from the sale of a franchise whenever they wish under accrual-basis accounting- False.
A franchise refers to a category of retail business in which a license is bestowed to an individual or group to access and market a company's commodities or services in a particular territory. The franchisee is provided with access to the franchisor's proprietary business knowledge, products, procedures, trademarks, and branding in exchange for a franchise fee. An initial start-up fee and an annual licensing fee are paid.
Most lucidly, A franchise can be defined as a joint venture between a franchisor and a franchisee. To note, the franchisor is the original business. The franchise is on the other hand, the purchaser of the rights of the franchisor. Franchises in today's times represent a popular way for entrepreneurs to start a business.
Learn more about the franchise: brainly.com/question/16117684
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The answer to this question is breathing, heart beating, walking, and talking. It is because the autonomic nervous system is connected to peripheral nervous systems that control the function of internal organs such as the heart and other bodily activities.
Answer:
The optimal order quantity is 6
Explanation:
Please see attachment
Answer: esteem needs
Explanation:
The Abraham Maslow's hierarchy of needs is a five tier model that illustrates human needs.
In ascending order, they are - physiological needs , safety needs, love and belonging, esteem needs and self actualization.
Esteem needs include respect, self esteem, recognition, strength and freedom.
Amir wants to be recognised for his work. This illustrates his esteem needs.
Answer:
$770 favorable
Explanation:
The spending variance for a flexible budget will be calculate as follow:
actual activity x standard rate - actual cost
1,300 x 3.90 = 5,070 standard cost
actual cost 4,300
Variance: 770 favorable
This variance is favorable, as the actual cost were lower than expected, the company saved cash in the supplies espending.
