Answer:
Conceptual framework
The modern world is an OLRT (On-Line Real Time) world. The days of prolonged waiting for a report on the performance and financial position of a business are past. Time is money and time is limited. Information should be available as events occur because one event can mean the difference between success and failure.
The problem poses three questions and expects answers. The answers to all three questions are in the affirmative:
Financial information would be more useful, more relevant and more reliable in an OLRT electronic, paperless world
Answer:
The correct answer to the following question is B) Selective advertising or Selective demand stimulation.
Explanation:
Selective advertising ( which is also know as selective demand stimulation ) is a type of approach which can be used to present the message that a producer or company wants to deliver through advertising. In this approach, message delivered by company tells its consumers about the benefits of its brand and how their brand is much better than other brands. Company's can use various strategies like benefit positioning ( where company tells about the benefits of their brand ) or competitive positioning ( where company tells how their brand is better than others ) to depict their selective demand.
Answer:
True
Explanation:
All PBM´s manuals and third.party payer contracts require that participating pharmacies collect deductibles, copays or coinsurance amounts.
Answer:
D.Cash 1,274 Sales Discount 26 Accounts Receivable 1,300
Explanation:
The journal entry is shown below:
Cash A/c Dr $1,274
Sales Discount A/c Dr $26
To Accounts receivable $1,300
(Being cash received recorded)
The computation of the account receivable
= Credit sales - returned goods
= $1,800 - $500
= $1,300
And, the discount would be
= Accounts receivable × percentage given
= $1,300 × 2%
= $26
The remaining amount would be credited to the cash account.
