Answer:
True
Explanation:
Viral marketing is a strategy in which companies use online networks to promote a product or service providing information to many people. This works by creating content like videos that are published on the internet and shared with a lot of people. According to that, the statement is true because viral marketing involves generating different types of online content like messages from influencers to promote your product on social media and reach a big audience.
Sophia’s ethical obligation is to inform Pete about the mistake made in the draft of contract.
<h3>What is an ethical obligation
?</h3>
An ethical obligation refers to a moral requirement to follow a certain course of action.
Hence in this case, Sophia’s ethical obligation is to inform Pete about the mistake made in the draft of contract and correct the same.
<h3>Should she tell him about the mistake? </h3>
Yes, she should tell him because both party in a contract are expected to be transparent and disclose facts to one another.
<h3>What
Life Principles would i apply in this situation?</h3>
I will apply the life principles of transparency.
Read more about ethical obligation
<em>brainly.com/question/25891637</em>
Answer:
A) Implementing the change quickly.
Explanation:
The company's controller is basically the chief accountant of the company. In this case, he/she is trying to focus on lowering costs and suggest a formal budgeting process might help. This is an essential thing that should have been done before, probably since the company started operating.
When essential and important activities are not carried out within a company, and suddenly someone realizes that it must be done, it may be seen as something bad. E.g. if it was really so important, why was it never done before?
As all important things, they cannot be rushed, and they have to be done with the largest possible support within the organization. This includes both management (who will feel pressured) and employers (who might believe it is a way to determine who should be fired).
Answer:
B. A decline in the value of the inventory.
Explanation:
Cost basis accounting: It is a method of calculating the value of inventory on actual cost for tax purposes as the purchase price is adjusted for dividends and return of capital distribution. It uses lower of cost either original cost or current market price. The market price should not be less or more than the net realizable value. Net realizable value is defined as the selling price minus cost of completion. Therefore, the cost basis of accounting to the lower-of- cost-or-net-realizable-value basis in valuing inventory is necessitated by a decline in the value of the inventory.