Answer: Revenue management
Explanation: Revenue management is the process under which an organisation tries to analyze the consumer behavior. This analysis is further used for the objective of making product available in right quantities and at right price so that revenue could be maximized.
In the given case, the company is trying to influence demand by manipulating price, thus , they most be analyzing the relevant factors to do so.
Hence, we can conclude that this is an example of revenue management .
Answer:
The total cost of vacation pay and pension rights to be recognized the first year is $0
Explanation:
The vacations are expected to be taken the following year for which the vacation pay would be made and the pension rights are expected to be paid over the next 5-30 years. So, no cost is recognized in the first year
Answer:
The correct answer is letter "D": The repayment of bonds issued at face value.
Explanation:
The Cash Flow Statement of financing activities reports all the inflows and outflows of money as a result of investments of the company. If the balance of this statement is positive it means the firm is generating good results. <em>The purchase or sale of securities or the acquisitions of tangible assets, such as properties and equipment</em>, are considered under this category.
<em>The payment of bonds that were sold and issued at face value is registered in the Cash Flow Statement of financing activities as well.</em>
The answer is true and not false
Answer:
a.Finished Goods
Explanation:
The journal entry to record when a job is completed is shown below:
Finished goods A/c Dr XXXXX
To Work in process A/c XXXXX
(Being the job is completed)
When a job is completed we debited the finished goods account as the job is completed and credited the work in process account so that the proper posting could be done
