Answer:
b) No, the correct entry would be a debit to Maintenance and Repairs Expense and a credit to Cash.
Explanation:
Any expense will be capitalized when it increases the capacity and efficiency of the asset. A routine repair cost is incurred in order to keep the asset operational to generate income for the business.
To record the repair cost we need to debit the Maintenance and Repairs Expense and crediting cash ( assumed cash payment is made for the repairs ). We should not capitalize this cost by debiting the asset cost account.
Answer:
The correct answer is Can help marketers better allocate resources.
Explanation:
To position yourself in the market successfully, you need to select the most beneficial market group for your business and know its characteristics, in order to adapt your product to the requirements demanded by this audience and determine the most appropriate marketing strategies.
The ability to select the target market of your company, that is, that sector of the population that is expected to consume your product or service, is decisive to achieve business objectives and business success.
Market segmentation is a process through which the market is divided into homogeneous groups or segments of consumers, which have a series of similar and significant characteristics for the company.
This segmentation allows to carry out a series of commercial strategies and thus fulfill a double purpose:
- Better meet customer needs.
- Reach the business objectives of the company.
Each organization can select one or more segments as a market goal, for which it will develop different marketing strategies. You can integrate market segmentation with the rest of your marketing tools, so that your strategy is increasingly comprehensive.
Answer:
As with all probability sampling methods, simple random sampling allows the sampling error to be calculated and reduces selection bias. A specific advantage is that it is the most straightforward method of probability sampling.
Answer:
I agree with that, because all of them have good bussiness ideas.
